Thursday, December 3, 2020

Stifel Upgrade Hasbro Inc. [HAS]. What else is Wall St. saying?

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Hasbro Inc. [NASDAQ: HAS] traded at a high on 10/22/20, posting a 3.30 gain after which it closed the day’ session at $89.82. The company report on October 15, 2020 that Hasbro Named One of America’s Most JUST Companies by Forbes and JUST Capital.

Hasbro ranked #1 in the Household Goods and Apparel industry, earning top spots for environmental performance and investment in workers.


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Today Hasbro, Inc. (NASDAQ: HAS) was named one of America’s Most JUST Companies, recognized for its commitment to serving its workers, customers, communities, the environment and shareholders in the annual Forbes JUST 100 list published by Forbes and JUST Capital. The list is published annually to showcase the companies doing right by all of their stakeholders. In addition, Hasbro was ranked first in its industry in how a company invests in its employees and in how it reduces its environmental impact.

The results of the trading session contributed to over 1166922 shares changing hands. Over the past one week, the price volatility of Hasbro Inc. stands at 2.58% while the volatility over the past one month is 2.77%.

The market cap for HAS stock reached $12.20 billion, with 137.24 million shares outstanding and 126.52 million shares in the current float. Compared to the average trading volume of 878.21K shares, HAS reached a trading volume of 1166922 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Hasbro Inc. [HAS]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HAS shares is $93.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HAS stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stifel have made an estimate for Hasbro Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 30, 2020. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $69 to $90. The new note on the price target was released on September 23, 2020, representing the official price target for Hasbro Inc. stock. Previously, the target price had yet another raise to $80, while Consumer Edge Research analysts kept a Equal Weight rating on HAS stock.

The Average True Range (ATR) for Hasbro Inc. is set at 2.52, with the Price to Sales ratio for HAS stock in the period of the last 12 months amounting to 2.45. The Price to Book ratio for the last quarter was 4.73, with the Price to Cash per share for the same quarter was set at 7.64. Price to Free Cash Flow for HAS in the course of the last twelve months was 156.97 with Quick ratio for the last quarter at 1.30.

How has HAS stock performed recently?

Hasbro Inc. [HAS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.47. With this latest performance, HAS shares gained by 16.83% in over the last four-week period, additionally plugging by 19.97% over the last 6 months – not to mention a drop of -9.64% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HAS stock in for the last two-week period is set at 68.76, with the RSI for the last a single of trading hit 72.78, and the three-weeks RSI is set at 65.98 for Hasbro Inc. [HAS]. The present Moving Average for the last 50 days of trading for this stock 81.22, while it was recorded at 87.52 for the last single week of trading, and 78.68 for the last 200 days.

Hasbro Inc. [HAS]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Hasbro Inc. [HAS] shares currently have an operating margin of +13.73 and a Gross Margin at +49.69. Hasbro Inc.’s Net Margin is presently recorded at +11.04.

Return on Total Capital for HAS is now 12.16, given the latest momentum, and Return on Invested Capital for the company is 9.82. Return on Equity for this stock inclined to 21.91, with Return on Assets sitting at 7.37. When it comes to the capital structure of this company, Hasbro Inc. [HAS] has a Total Debt to Total Equity ratio set at 139.91. Additionally, HAS Total Debt to Total Capital is recorded at 58.32, with Total Debt to Total Assets ending up at 47.33. Long-Term Debt to Equity for the company is recorded at 138.87, with the Long-Term Debt to Total Capital now at 57.88.

Reflecting on the efficiency of the workforce at the company, Hasbro Inc. [HAS] managed to generate an average of $92,938 per employee. Receivables Turnover for the company is 3.58 with a Total Asset Turnover recorded at a value of 0.67.Hasbro Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.60.

Earnings analysis for Hasbro Inc. [HAS]

With the latest financial reports released by the company, Hasbro Inc. posted 1.84/share EPS, while the average EPS was predicted by analysts to be reported at 2.21/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -16.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HAS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hasbro Inc. go to 8.40%.

Insider trade positions for Hasbro Inc. [HAS]

There are presently around $9,749 million, or 82.60% of HAS stock, in the hands of institutional investors. The top three institutional holders of HAS stocks are: VANGUARD GROUP INC with ownership of 15,549,953, which is approximately -3.617% of the company’s market cap and around 0.20% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 12,837,051 shares of the stock with an approximate value of $1.15 billion in HAS stocks shares; and BLACKROCK INC., currently with $999.96 million in HAS stock with ownership of nearly 3.849% of the company’s market capitalization.

Positions in Hasbro Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 284 institutional holders increased their position in Hasbro Inc. [NASDAQ:HAS] by around 6,281,495 shares. Additionally, 265 investors decreased positions by around 9,596,147 shares, while 79 investors held positions by with 92,660,015 shares. The mentioned changes placed institutional holdings at 108,537,657 shares, according to the latest SEC report filing. HAS stock had 67 new institutional investments in for a total of 767,115 shares, while 73 institutional investors sold positions of 2,713,294 shares during the same period.

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