Hasbro, Inc [HAS] stock prices are up 2.97% to $67.26 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HAS shares have gain 5.09% over the last week, with a monthly amount glided 1.82%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hasbro, Inc [NASDAQ: HAS] stock has seen the most recent analyst activity on September 16, 2024, when BofA Securities reiterated its Buy rating and also boosted its price target to $90 from $85. Previously, BofA Securities upgraded its rating to Buy on June 14, 2024, and elevated its price target to $80. On May 23, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $74 on the stock. Monness Crespi & Hardt reiterated its Buy rating and increased its price target to $75 on April 25, 2024. DA Davidson downgraded its rating to a Neutral and reduced its price target to $53 on January 02, 2024. BofA Securities downgraded its rating to Neutral for this stock on October 27, 2023, and downed its price target to $53. In a note dated October 20, 2023, Citigroup initiated an Neutral rating and provided a target price of $62 on this stock.
The stock price of Hasbro, Inc [HAS] has been fluctuating between $46.09 and $73.46 over the past year. Currently, Wall Street analysts expect the stock to reach $88 within the next 12 months. Hasbro, Inc [NASDAQ: HAS] shares were valued at $67.26 at the most recent close of the market. An investor can expect a potential return of 30.84% based on the average HAS price forecast.
Analyzing the HAS fundamentals
The Hasbro, Inc [NASDAQ:HAS] reported sales of 4.32B for trailing twelve months, representing a drop of -14.82%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.57 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.85 points at the first support level, and at 64.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.08, and for the 2nd resistance point, it is at 68.91.
Ratios To Look Out For
It’s worth pointing out that Hasbro, Inc [NASDAQ:HAS]’s Current Ratio is 1.47. As well, the Quick Ratio is 1.29, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 2.17, the price to book ratio is 7.29.
Transactions by insiders
Recent insider trading involved Austin Matthew Edward, EVP & Chief Revenue Officer, that happened on Nov 29 ’24 when 1718.0 shares were sold. Officer, MATTHEW AUSTIN completed a deal on Nov 29 ’24 to buy 1718.0 shares. Meanwhile, EVP, CLO and Corp Secretary Sibley Tarrant L. sold 13000.0 shares on May 29 ’24.
