At the time of writing, Hasbro, Inc [HAS] stock is trading at $60.09, up 1.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HAS shares have gain 5.14% over the last week, with a monthly amount glided 5.35%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Hasbro, Inc fluctuated between $46.09 and $73.46. Currently, Wall Street analysts expect the stock to reach $92.5 within the next 12 months. Hasbro, Inc [NASDAQ: HAS] shares were valued at $60.09 at the most recent close of the market. An investor can expect a potential return of 53.94% based on the average HAS price forecast.
Analyzing the HAS fundamentals
According to Hasbro, Inc [NASDAQ:HAS], the company’s sales were 4.32B for trailing twelve months, which represents an -14.82% plunge. 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 3.1.
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 59.42 points at the first support level, and at 58.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.57, and for the 2nd resistance point, it is at 61.05.
Ratios To Look Out For
It is important to note that Hasbro, Inc [NASDAQ:HAS] has a current ratio of 1.47. Also, the Quick Ratio is 1.29, while the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 1.94, the price to book ratio is 6.51.
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.
