Equities research analysts forecast that Hasbro, Inc. (NASDAQ:HAS) will announce $1.85 earnings per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Hasbro’s earnings, with the highest EPS estimate coming in at $1.90 and the lowest estimate coming in at $1.79. Hasbro posted earnings of $1.64 per share in the same quarter last year, which would indicate a positive year over year growth rate of 12.8%. The firm is scheduled to issue its next earnings results on Monday, February 5th.

According to Zacks, analysts expect that Hasbro will report full-year earnings of $5.00 per share for the current financial year, with EPS estimates ranging from $4.95 to $5.03. For the next year, analysts anticipate that the company will post earnings of $5.26 per share, with EPS estimates ranging from $5.03 to $5.36. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that that provide coverage for Hasbro.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Monday, October 23rd. The company reported $2.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the previous year, the company earned $2.03 earnings per share. Hasbro’s revenue for the quarter was up 6.6% on a year-over-year basis.

HAS has been the subject of a number of analyst reports. KeyCorp restated a “buy” rating and issued a $105.00 price objective on shares of Hasbro in a research note on Tuesday, October 24th. DA Davidson restated a “buy” rating and issued a $124.00 price objective (up from $121.00) on shares of Hasbro in a research note on Tuesday, October 24th. Goldman Sachs Group restated a “buy” rating and issued a $118.00 price objective on shares of Hasbro in a research note on Monday, October 2nd. Jefferies Group restated a “buy” rating and issued a $125.00 price objective on shares of Hasbro in a research note on Thursday, September 28th. Finally, B. Riley began coverage on shares of Hasbro in a research report on Thursday, December 21st. They set a “buy” rating and a $108.00 target price on the stock. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $105.81.

Shares of Hasbro (NASDAQ HAS) traded up $2.04 during trading on Thursday, hitting $92.56. 1,860,000 shares of the stock were exchanged, compared to its average volume of 1,053,089. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.53 and a quick ratio of 2.11. Hasbro has a twelve month low of $80.22 and a twelve month high of $116.20. The firm has a market capitalization of $11,528.90, a PE ratio of 19.78, a price-to-earnings-growth ratio of 1.51 and a beta of 0.86.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 2.46%. The ex-dividend date is Wednesday, January 31st. Hasbro’s dividend payout ratio (DPR) is presently 48.72%.

Institutional investors have recently made changes to their positions in the business. Benjamin F. Edwards & Company Inc. increased its holdings in Hasbro by 7,100.0% in the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 1,080 shares of the company’s stock valued at $105,000 after buying an additional 1,065 shares during the period. YorkBridge Wealth Partners LLC increased its holdings in Hasbro by 2.8% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock valued at $129,000 after buying an additional 32 shares during the period. San Francisco Sentry Investment Group CA bought a new stake in Hasbro in the 2nd quarter valued at $155,000. Highstreet Asset Management Inc. increased its holdings in Hasbro by 105.2% in the 3rd quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock valued at $155,000 after buying an additional 812 shares during the period. Finally, Moors & Cabot Inc. bought a new stake in Hasbro in the 2nd quarter valued at $229,000. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

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About Hasbro

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

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Earnings History and Estimates for Hasbro (NASDAQ:HAS)

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