Hasbro
HAS

$63.85

4.41%

Market Cap: 8.89B

About: Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities has helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and since has pruned noncore lines from the tie-up. Furthermore, the addition of Dungeons & Dragons Beyond in 2022, offered the firm access to 10 million digital tabletop players.

Employees: 5,502

Consumer Discretionary Games, Toys & Children’s Vehicles, Except Dolls & Bicycles

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 22 analysts

0

News positive %

of 31 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more capital invested

Capital invested by funds: $6.11B [Q4 2023] → $7B (+$888M) [Q1 2024]

2.97% more ownership

Funds ownership: 86.31% [Q4 2023] → 89.28% (+2.97%) [Q1 2024]

1% more repeat investments, than reductions

Existing positions increased: 193 | Existing positions reduced: 191

2% less funds holding

Funds holding: 554 [Q4 2023] → 542 (-12) [Q1 2024]

15% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 81

16% less call options, than puts

Call options by funds: $329M | Put options by funds: $393M

40% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 3 (-2) [Q1 2024]

See Fund Rankings

Research analyst outlook

22 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$52

19%

downside

Avg. target

$68

6%

upside

High target

$80

25%

upside

22 analyst ratings

16 positive

73%

6 neutral

27%

0 negative

0%

Morgan Stanley Megan Alexander	24%upside $79	Overweight Maintained	26 Jul 2024
Stifel Drew Crum	22%upside $78	Buy Maintained	26 Jul 2024
DA Davidson Linda Bolton Weiser	8%downside $59	Neutral Maintained	26 Jul 2024
Morgan Stanley Megan Alexander	22%upside $78	Overweight Maintained	16 Jul 2024
B of A Securities Jason Haas	25%upside $80	Buy Upgraded	14 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 31 articles about HAS published over the past 30 days

Goldman Sachs Sees Encouraging Demand, Margin Trends For Toy Maker Hasbro

Goldman Sachs analyst Stephen Laszczyk reiterated a Neutral rating on the shares of Hasbro Inc HAS and raised the price target from $62 to $65. The raised price target is based on 15.0x second-twelve-month EPS.

Goldman Sachs Sees Encouraging Demand, Margin Trends For Toy Maker Hasbro

How 'kidults' helped Hasbro's earnings this quarter

Hasbro (HAS) posted better-than-expected earnings for its second quarter with adjusted earnings of $1.22 per share against an expected $0.78. Some of those earnings are due in part to Hasbro's increased digital gaming presence.

How 'kidults' helped Hasbro's earnings this quarter

The Motley Fool

Hasbro's Q2 Revenue Dips, Gaming Surges

Total revenue for Q2 2024 fell 18% year over year to $995.3 million. Net earnings per diluted share were $0.99, an improvement on 2023's Q2 loss.

Hasbro's Q2 Revenue Dips, Gaming Surges

Hasbro, Inc. (HAS) Q2 2024 Earnings Call Transcript

Start Time: 08:30 January 1, 0000 9:27 AM ET Hasbro, Inc. (NASDAQ:HAS ) Q2 2024 Earnings Conference Call July 24, 2024, 08:30 AM ET Company Participants Chris Cocks - CEO and Director Gina Goetter - EVP and CFO Kern Kapoor - SVP, IR Conference Call Participants Eric Handler - ROTH Capital Megan Alexander - Morgan Stanley Arpine Kocharyan - UBS Christopher Horvers - JPMorgan Drew Crum - Stifel Alex Perry - Bank of America Fred Wightman - Wolfe Research Operator Good morning, and welcome to Hasbro's Second Quarter 2024 Earnings Conference Call. At this time, all parties will be in a listen-only mode.

Hasbro, Inc. (HAS) Q2 2024 Earnings Call Transcript

Hasbro: Games Customers Are Aging Up and Becoming More Digital

As toys and games retailers look to adapt to consumers' evolving habits and preferences, Hasbro is seeing the industry transformed by more adult and more digitally engaged customers.

Hasbro: Games Customers Are Aging Up and Becoming More Digital

Zacks Investment Research

Hasbro (HAS) Stock Rises on Q2 Earnings and Revenue Beat

Hasbro, Inc. HAS reported second-quarter fiscal 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate. Despite a year-over-year revenue decline, earnings increased on the back of a favorable business mix and improved operations.

Hasbro (HAS) Stock Rises on Q2 Earnings and Revenue Beat

Digital Gaming, Kidults Drive Profits For Hasbro In Second Quarter

Hasbro delivered a winning second quarter, beating profit and revenue expectations, largely on the strength of its digital gaming business.

Digital Gaming, Kidults Drive Profits For Hasbro In Second Quarter

Zacks Investment Research

Here's Why Hasbro (HAS) is a Strong Momentum Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Hasbro (HAS) is a Strong Momentum Stock

CNBC Television

Cramer's Stop Trading: Hasbro

CNBC's Jim Cramer explains why he is keeping an eye on shares of Hasbro.

Cramer's Stop Trading: Hasbro

Zacks Investment Research

Hasbro (HAS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Hasbro (HAS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Hasbro (HAS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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