Hasbro (NASDAQ:HAS) Stock Lifted to Strong-Buy by Zacks Research

Zacks Research upgraded shares of Hasbro (NASDAQ:HAS) from a hold rating to a strong-buy rating in a report released on Thursday morning,Zacks reports.

HAS has been the topic of a number of other research reports. Roth Capital reissued a “buy” rating on shares of Hasbro in a report on Wednesday. The Goldman Sachs Group lowered their price target on shares of Hasbro from $117.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, September 21st. Citigroup increased their target price on Hasbro from $117.00 to $137.00 and gave the company a “buy” rating in a research note on Wednesday. Argus raised their target price on Hasbro from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Wall Street Zen lowered Hasbro from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $114.07.

Hasbro Price Performance

Shares of HAS stock opened at $117.44 on Thursday. The stock’s fifty day moving average is $93.87 and its 200-day moving average is $90.58. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.46 and a current ratio of 1.40. The stock has a market capitalization of $16.56 billion, a PE ratio of 17.55, a PEG ratio of 1.52 and a beta of 0.45. Hasbro has a 52 week low of $74.78 and a 52 week high of $117.77.

Hasbro (NASDAQ:HAS) last announced its earnings results on Tuesday, October 20th. The company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $1.04. Hasbro had a return on equity of 140.60% and a net margin of 18.44%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same period last year, the company posted $1.68 earnings per share. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. Equities research analysts expect that Hasbro will post 6.69 EPS for the current fiscal year.

Hasbro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $2.80 annualized dividend and a dividend yield of 2.4%. Hasbro’s dividend payout ratio (DPR) is currently 41.85%.

Insider Buying and Selling

In other news, insider John Hight sold 3,186 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $93.71, for a total transaction of $298,560.06. Following the completion of the transaction, the insider directly owned 67,557 shares of the company’s stock, valued at $6,330,766.47. This represents a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Gina Goetter sold 8,265 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $93.96, for a total value of $776,579.40. Following the transaction, the chief financial officer owned 79,839 shares of the company’s stock, valued at approximately $7,501,672.44. The trade was a 9.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 50,472 shares of company stock valued at $4,736,533. Corporate insiders own 0.71% of the company’s stock.

Institutional Trading of Hasbro

Several institutional investors and hedge funds have recently bought and sold shares of HAS. Pension & Wealth Management Advisors Inc. acquired a new position in Hasbro in the 3rd quarter valued at $27,000. Community Bank N.A. acquired a new stake in shares of Hasbro during the second quarter worth $26,000. Retirement Wealth Solutions LLC lifted its holdings in shares of Hasbro by 1,741.2% during the third quarter. Retirement Wealth Solutions LLC now owns 313 shares of the company’s stock worth $27,000 after buying an additional 296 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Hasbro by 1,190.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 387 shares of the company’s stock valued at $32,000 after acquiring an additional 357 shares during the period. Finally, Cedar Mountain Advisors LLC bought a new stake in shares of Hasbro in the first quarter valued at about $37,000. Institutional investors own 91.83% of the company’s stock.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Strong earnings momentum: Hasbro’s latest results exceeded expectations, with earnings per share of $2.90 versus the $1.86 consensus and revenue of $1.60 billion versus $1.48 billion expected. Revenue increased 15% year over year, helping drive the stock to a new 52-week high. Hasbro Sets New 1-Year High After Better-Than-Expected Earnings
• Positive Sentiment: Analyst and quantitative support: BNP Paribas Exane reaffirmed an “Outperform” rating, while Citigroup reportedly expects further appreciation. Hasbro was also added to multiple Zacks Rank #1 “Strong Buy” lists, including momentum and income-stock screens. BNP Paribas Exane Reaffirms Outperform Rating Best Momentum Stock to Buy
• Positive Sentiment: Magic franchise remains a key growth driver: UBS said Hasbro is showing confidence in the broader upside of Magic: The Gathering. Management also highlighted trading cards as the largest category in toys and games, reinforcing investor interest in the franchise’s growth and profitability. Hasbro Shows Confidence in Overall Magic Franchise Upside
• Neutral Sentiment: Boston relocation: CEO Chris Cocks cited access to talent and a more attractive urban environment as reasons for moving Hasbro’s headquarters from Pawtucket to Boston. The move may support recruiting, but its near-term financial impact is unclear. Hasbro’s CEO on the Company’s Relocation to Boston
• Negative Sentiment: Revenue guidance is slightly cautious: Hasbro issued fiscal 2026 revenue guidance of $5.0 billion to $5.1 billion, compared with the $5.1 billion analyst consensus. The lower end of the range could limit upside if investors view it as evidence of slowing growth.

Hasbro Company Profile

Hasbro, Inc is a global branded entertainment company that develops and markets toys, games, entertainment experiences and consumer products. Its portfolio includes well-known brands such as Monopoly, Play-Doh, Transformers, Nerf, My Little Pony, Dungeons & Dragons and Magic: The Gathering.

The company serves consumers through a range of channels, including retail, e-commerce, digital gaming, entertainment content and licensing. Hasbro also works with third-party partners to extend its brands into film and television, apparel, publishing and other consumer products.