Hasbro, Inc [NASDAQ: HAS] traded at a high on Thursday, posting a 14.58 gain after which it closed the day’ session at $60.37.
The results of the trading session contributed to over 6120095 shares changing hands. Over the past one week, the price volatility of Hasbro, Inc stands at 4.39% while the volatility over the past one month is 5.08%.
The market cap for HAS stock reached $8.45 billion, with 139.89 million shares outstanding and 131.16 million shares in the current float. Compared to the average trading volume of 1.93M shares, HAS reached a trading volume of 6120095 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 $72.36 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 1.50. 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 2.99, with the Price to Sales ratio for HAS stock in the period of the last 12 months amounting to 1.98. The Price to Book ratio for the last quarter was 7.28, with the Price to Cash per share for the same quarter was set at 4.44. Price to Free Cash Flow for HAS in the course of the last twelve months was 11.11 with Quick ratio for the last quarter at 1.45.
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 16.36. With this latest performance, HAS shares dropped by -1.10% in over the last four-week period, additionally sinking by -16.08% over the last 6 months – not to mention a rise of 8.00% 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 59.22, with the RSI for the last a single of trading hit 66.92, and the three-weeks RSI is set at 55.28 for Hasbro, Inc [HAS]. The present Moving Average for the last 50 days of trading for this stock 59.82, while it was recorded at 53.87 for the last single week of trading, and 62.99 for the last 200 days.
Hasbro, Inc [HAS]: Deeper insight into the fundamentals
Hasbro, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.45 and a Current Ratio set at 1.71.
Earnings analysis for Hasbro, Inc [HAS]
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 7.27%.
Insider trade positions for Hasbro, Inc [HAS]
There are presently around $90.16%, or 95.84%% 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 11.3618%. 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 9.958%.
