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Critical Insights From Hasbro Analyst Ratings: What You Need To Know

Author: Benzinga Insights | June 14, 2024 08:00am

13 analysts have expressed a variety of opinions on Hasbro (NASDAQ:HAS) over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 7 2 4 0 0
Last 30D 1 0 0 0 0
1M Ago 1 2 0 0 0
2M Ago 3 0 3 0 0
3M Ago 2 0 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $67.0, along with a high estimate of $80.00 and a low estimate of $52.00. This upward trend is evident, with the current average reflecting a 6.96% increase from the previous average price target of $62.64.

price target chart

Interpreting Analyst Ratings: A Closer Look

The standing of Hasbro among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jason Haas B of A Securities Raises Buy $80.00 $70.00
Arpine Kocharyan UBS Raises Buy $69.00 $68.00
Christopher Horvers JP Morgan Raises Overweight $74.00 $61.00
Megan Alexander Morgan Stanley Maintains Overweight $77.00 $77.00
Linda Bolton Weiser DA Davidson Raises Neutral $59.00 $52.00
Jason Haas B of A Securities Raises Neutral $70.00 $60.00
Eric Handler Roth MKM Raises Buy $75.00 $65.00
Stephanie Wissink Jefferies Raises Buy $63.00 $61.00
Jason Haas B of A Securities Raises Neutral $60.00 $51.00
Drew Crum Stifel Raises Buy $67.00 $64.00
Eric Handler Roth MKM Raises Buy $65.00 $60.00
Eric Handler Roth MKM Maintains Buy $60.00 -
Linda Bolton Weiser DA Davidson Maintains Neutral $52.00 -

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Hasbro. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hasbro compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Hasbro's stock. This analysis reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Hasbro's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Hasbro analyst ratings.

Delving into Hasbro's Background

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.

Understanding the Numbers: Hasbro's Finances

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Negative Revenue Trend: Examining Hasbro's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -24.35% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Hasbro's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.69% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Hasbro's ROE stands out, surpassing industry averages. With an impressive ROE of 5.63%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Hasbro's ROA excels beyond industry benchmarks, reaching 0.91%. This signifies efficient management of assets and strong financial health.

Debt Management: Hasbro's debt-to-equity ratio is notably higher than the industry average. With a ratio of 3.48, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Basics of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: HAS