Hasbro, Inc. [NASDAQ: HAS] stock went on a downward path that fall over -6.01% on Thursday, amounting to a one-week price decrease of less than -7.95%.
Over the last 12 months, HAS stock rose by 20.20%. The one-year Hasbro, Inc. stock forecast points to a potential upside of 14.43. The average equity rating for HAS stock is currently 1.65, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $9.22 billion, with 138.79 million shares outstanding and 130.95 million shares in the current float. Compared to the average trading volume of 1.28M shares, HAS stock reached a trading volume of 3237228 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $77.25 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 1.65. 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.
BofA Securities have made an estimate for Hasbro, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 16, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $70 to $80. The new note on the price target was released on June 14, 2024, representing the official price target for Hasbro, Inc. stock. Previously, the target price had yet another raise from $61 to $74, while JP Morgan kept a Overweight rating on HAS stock. On April 25, 2024, analysts increased their price target for HAS shares from 60 to 75.
The Average True Range (ATR) for Hasbro, Inc. is set at 1.51, with the Price to Sales ratio for HAS stock in the period of the last 12 months amounting to 2.03. The Price to Book ratio for the last quarter was 8.01, with the Price to Cash per share for the same quarter was set at 7.96. Price to Free Cash Flow for HAS in the course of the last twelve months was 11.87 with Quick ratio for the last quarter at 1.27.
HAS Stock Performance Analysis:
Hasbro, Inc. [HAS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.95. With this latest performance, HAS shares dropped by -7.22% in over the last four-week period, additionally plugging by 1.74% over the last 6 months – not to mention a rise of 20.20% 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 27.43, with the RSI for the last a single of trading hit 18.06, and the three-weeks RSI is set at 35.67 for Hasbro, Inc. [HAS]. The present Moving Average for the last 50 days of trading for this stock 69.79, while it was recorded at 70.47 for the last single week of trading, and 59.96 for the last 200 days.
Insight into Hasbro, Inc. Fundamentals:
Hasbro, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.27 and a Current Ratio set at 1.46.
HAS Stock EPS
With the latest financial reports released by the company, Hasbro, Inc. posted 1.64/share EPS, while the average EPS was predicted by analysts to be reported at 1.7/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.06. 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 34.01%.
Hasbro, Inc. [HAS] Institutonal Ownership Details
There are presently around $87.96%, or 93.60%% of HAS stock, in the hands of institutional investors. The top three institutional holders of HAS stocks are: VANGUARD GROUP INC with ownership of 15.85 million shares, which is approximately 11.3945%. CAPITAL RESEARCH GLOBAL INVESTORS, holding 14.78 million shares of the stock with an approximate value of $$864.9 million in HAS stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $$812.65 million in HAS stock with ownership which is approximately 9.9867%.
