Hasbro Sees Unusually High Options Volume (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) was the target of unusually large options trading on Tuesday. Traders bought 6,266 call options on the company. This represents an increase of 326% compared to the typical volume of 1,472 call options.

Hasbro Stock Performance

NASDAQ HAS traded up $5.87 during trading hours on Tuesday, reaching $87.46. The company’s stock had a trading volume of 5,052,501 shares, compared to its average volume of 1,983,542. The company has a current ratio of 1.65, a quick ratio of 1.49 and a debt-to-equity ratio of 4.59. The business has a 50-day simple moving average of $84.73 and a 200 day simple moving average of $90.24. Hasbro has a 52 week low of $69.50 and a 52 week high of $106.98. The stock has a market cap of $12.38 billion, a PE ratio of -52.67, a PEG ratio of 2.02 and a beta of 0.49.

Hasbro (NASDAQ:HAS) last issued its earnings results on Tuesday, July 21st. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. Hasbro had a positive return on equity of 174.64% and a negative net margin of 4.62%.Hasbro’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.30 earnings per share. Equities research analysts predict that Hasbro will post 6.04 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Monday, June 1st were issued a $0.70 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.80 annualized dividend and a dividend yield of 3.2%. Hasbro’s dividend payout ratio (DPR) is -168.67%.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro beat Q2 estimates with EPS of $1.28 versus $1.17 expected and revenue of $1.14 billion versus $1.07 billion expected, helping reinforce confidence in the company’s turnaround. Hasbro earnings report
• Positive Sentiment: Management raised its full-year 2026 revenue and profit forecasts after strong performance in Wizards of the Coast, digital gaming, and a record quarter for Magic: The Gathering, signaling continued momentum. Reuters article on outlook raise
• Positive Sentiment: News coverage highlighted that the company “did something it’s never done before” and that Magic: The Gathering delivered its biggest quarter ever, adding to the bullish sentiment around Hasbro’s growth engines. Motley Fool article
• Neutral Sentiment: Analysts and market commentary noted the stock was also supported by a broader risk-on move in U.S. equities, which likely amplified the post-earnings rally. Benzinga market movers article

Analysts Set New Price Targets

HAS has been the topic of several research reports. Morgan Stanley upped their price objective on Hasbro from $122.00 to $123.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Wall Street Zen downgraded Hasbro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. DA Davidson reissued a “neutral” rating and set a $100.00 price target on shares of Hasbro in a research report on Thursday, May 21st. UBS Group restated a “buy” rating and set a $110.00 price objective on shares of Hasbro in a research note on Thursday, June 18th. Finally, Citigroup decreased their price objective on shares of Hasbro from $114.00 to $101.00 and set a “buy” rating for the company in a report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $109.71.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Huntington National Bank lifted its holdings in Hasbro by 10.2% during the fourth quarter. Huntington National Bank now owns 1,233 shares of the company’s stock worth $101,000 after acquiring an additional 114 shares in the last quarter. Marathon Mission Inc. increased its holdings in shares of Hasbro by 1.4% in the second quarter. Marathon Mission Inc. now owns 9,152 shares of the company’s stock worth $756,000 after acquiring an additional 128 shares in the last quarter. Signaturefd LLC raised its position in shares of Hasbro by 6.4% during the fourth quarter. Signaturefd LLC now owns 2,268 shares of the company’s stock worth $186,000 after purchasing an additional 137 shares during the period. Personal CFO Solutions LLC lifted its holdings in shares of Hasbro by 3.9% during the 4th quarter. Personal CFO Solutions LLC now owns 3,666 shares of the company’s stock valued at $301,000 after purchasing an additional 137 shares in the last quarter. Finally, Severin Investments LLC lifted its holdings in shares of Hasbro by 3.1% during the 1st quarter. Severin Investments LLC now owns 4,595 shares of the company’s stock valued at $430,000 after purchasing an additional 137 shares in the last quarter. 91.83% of the stock is currently owned by institutional investors.

Hasbro Company Profile

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.