In the last three months, 7 analysts have published ratings on Hasbro HAS, offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 5 | 0 | 2 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 4 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Hasbro and provided 12-month price targets. The average target is $60.0, accompanied by a high estimate of $65.00 and a low estimate of $52.00. This upward trend is evident, with the current average reflecting a 5.88% increase from the previous average price target of $56.67.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Hasbro by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
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 | - |
Stephanie Wissink | Jefferies | Raises | Buy | $61.00 | $58.00 |
Drew Crum | Stifel | Maintains | Buy | $64.00 | - |
Drew Crum | Stifel | Maintains | Buy | $64.00 | - |
Tami Zakaria | JP Morgan | Raises | Neutral | $54.00 | $52.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hasbro. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Hasbro compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Hasbro's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Hasbro's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using 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.
Financial Milestones: Hasbro's Journey
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 December, 2023, the company experienced a decline of approximately -23.21% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Hasbro's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -82.33%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -65.1%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Hasbro's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -14.26%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Hasbro's debt-to-equity ratio stands notably higher than the industry average, reaching 3.29. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
How Are Analyst Ratings Determined?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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