Hasbro (HAS) stock: positive sentiment ahead of the earnings

12:50 am ET, 22 Oct 2018

Hasbro, Inc. (HAS) shares are trading at $98.04. The company is announcing its quarterly earnings results on Monday before the market opens. What's driving Hasbro stock price? What's HAS stock price forecast?

Hasbro is a toy and board game company with leading brands like Transformers, Monopoly, and Nerf. The Company’s Franchise Brands account for 50% of its revenues. Earlier this year it bought Power Rangers for $522 million.

Investors are bullish on the company because of its potential in the digital gaming sector. On the other hand, some investors worry that the Company’s dependence on Amazon might reduce its profits. Last quarter's revenue fell 7% to $904.46 million, mainly because of Toys R liquidation. Earnings per share came at $0.48 compared to $0.53 for the same period last year.

Third-quarter results will be released before market open on October 22, 2018. Analysts expect the company to earn $2.26 per share on revenue of $1.72 billion.

What is the sentiment towards the Hasbro stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending negative;
  • The mid-term sentiment (3-6 months) is trending positive;
  • The long-term sentiment (9-12 months) is trending positive. 

Over the last month, Hasbro, Inc. (HAS) returned -4.44%.

Hasbro, Inc. (HAS) short share of float is 8.19%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

Hasbro, Inc. (HAS) average analyst price target ($108.80) is 10.67% above its current price ($98.31).

For the latest price and information on Hasbro, Inc., please visit Finstead and search for "HAS price" or "HAS news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

Hasbro (HAS) earnings preview: is the Toys 'R' Us hangover over?

4:27 pm ET, 18 Jul 2018

Hasbro, Inc. (HAS) is expected to report earnings on July 23 before market open.  The report will be for the fiscal quarter ending June 2018.  Shares are trading at 94.35, down -2.25%.

What are HAS earnings expectations?  What news will the market be watching out for?  

Hasbro continues to hold a leadership position in the $27 billion domestic toy industry, developing and marketing global brands that include Transformers, My Little Pony, and Nerf. 

The firm operates a relatively differentiated business model, thanks to its digital properties exposure, content creation ability, and key licensing arrangements. Business relationships with firms like Backflip Studios and Activision have expanded Hasbro's presence in the digital arena, but also important is Discovery Family, a joint venture with Discovery that brings Hasbro Studios productions to television and helps Hasbro's brands connect with a wide audience. 

Hasbro dominates in the big-screen arena, building brand loyalty and generating new streams of revenue from its licensing businesses (like "Star Wars," Marvel, and Disney Princess). Hasbro and the toy industry have a decent runway for growth ahead through international growth (Asia-Pacific and emerging markets still provide longer-term growth potential through share gains) and acquisitions of small, strategic players that fit into Hasbro's overall portfolio (most recently, Boulder Media).

Analysts expected to see top-line pressure from the liquidation of Toys 'R' Us (TRU) in Q1, but that wasn't much of an issue for the company.  Given the TRU store closures, sales and margin hangover will persist throughout the second quarter.  Management has reiterated that it is on track to generate $600 to $700 million in operating cash flow in 2018.

Analysts predict sales growth of around 4% over the next three years, slightly faster than the low-single-digit pace the industry may be able to capture globally.  Hasbro is apt at capitalizing on its partner brands and the consistent entertainment slate it has contracted through license partners.

Hasbro Inc. has a mixed history of beating analysts’ earnings estimates.  In the past four quarters, the company: 

  • Beat analyst EPS estimates by 6 cents ($.52 actuals vs. $.46 forecast) in FQ2’17;
  • Beat analyst EPS estimates by 12 cents ($2.05 actuals vs. $1.93 forecast) in FQ3’17;
  • Beat analyst EPS estimates by 48 cents ($2.30 actuals vs. $1.82 forecast) in FQ4’17;
  • Missed analyst EPS estimates by 21 cents ($.10 actuals vs. $.31 forecast) in FQ1’18.

For FQ2’18, EPS is expected to decline by 42% year-over-year to $.30, while revenue is expected to decline 13% year-over-year to $844 million.  


Over the last month, Hasbro, Inc. (HAS) returned +3.36%. 

Hasbro, Inc. (HAS) average analyst price target ($98.40) is 4.29% above its current price ($94.35).

For the latest price and information on Hasbro, Inc., please visit Finstead and search for "HAS price" or "HAS news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

Hasbro, Inc. (HAS) Stock Guide

Updated at: 9:11 am ET, 12 Aug 2020

Before we start: if you're looking for HAS stock price, you can quickly find it out by visiting Finny and typing "HAS quote". If you're looking for a quick scoop on HAS stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "HAS". You'll get all this info in one place. Or you can just type "HAS news" to get the latest stock news.

Looking to buy or sell Hasbro, Inc. (HAS)? Interested in getting the full scoop on HAS, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this HAS stock guide, we'll address key questions about HAS, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are HAS earnings?
2. When is HAS earnings date?
3. What is HAS dividend?
4. What is HAS dividend yield?
5. What is HAS stock forecast (i.e., prediction)?
6. HAS buy or sell? What is HAS Finny Score?
7. What are the reasons to buy HAS? Why should I buy HAS stock?
8. What are the reasons to sell HAS? Why should I sell HAS stock?
9. What are HAS key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are HAS earnings?

HAS trailing 12-month earnings per share (EPS) is $2.82.

2. When is HAS earnings date?

HAS earnings date is October 20, 2020.

3. What is HAS dividend?

HAS forward dividend is $2.72.

4. What is HAS dividend yield?

HAS forward dividend yield is 3.44%.

Analyst Predictions

5. What is HAS stock forecast (i.e., prediction)?

Based on HAS analyst price targets, HAS stock forecast is $86.80 (for a year from now). That means the average analyst price target for HAS stock is $86.80. The prediction is based on 14 analyst estimates.

The low price target for HAS is $69.00, while the high price target is $110.00.

HAS analyst rating is Buy.

Analysis

6. HAS buy or sell? What is HAS Finny Score?

#{finnyScore:56}Our quantitative analysis shows 5 reasons to buy and 4 reasons to sell HAS, resulting in Finny Score of 56.

7. What are the reasons to buy HAS? Why should I buy HAS stock?

Here are the reasons to buy HAS stock:

  • The stock's upside is supported by international growth and its leadership in entertainment and digital, thanks to the Discovery Family network, Allspark Pictures, and film tie-ins.
  • Stock ownership is compelling for income investors. The company has a 2.4% yield and has paid out nearly $1.1 billion in dividends in the past five years. The payout should continue to increase as cash flow improves.
  • The firm enjoys a stable expense base and should be able to leverage operating margins to almost 18% over time. After interest expense and taxes, this implies a net income margin of above 13%.
  • HAS forward dividend yield is 3.44%, higher than the industry (0.43%) and sector (0.55%) forward dividend yields. See HAS forward dividend chart.
  • HAS forward P/E ratio is 18.31, which is low compared to its industry peers’ P/E ratios. See HAS forward P/E ratio chart.
  • HAS average analyst rating is Buy. See HAS analyst rating chart.
  • HAS average analyst price target ($86.80) is above its current price ($78.53). See HAS price target chart.
  • HAS cash to debt ratio is 0.18, higher than the average industry (0.13) and sector (0.13) cash to debt ratio. See HAS cash to debt chart.

8. What are the reasons to sell HAS? Why should I sell HAS stock?

Let's look at the reasons to sell HAS stock (i.e., the bear case):

  • The market for traditional toys continues to shrink as a percentage of the total, as technology plays a more dominant role in product selection and children shift to more sophisticated toys at a younger age.
  • The consolidated retail channel leaves Hasbro at the mercy of its largest outlets (Wal-Mart, Target, and Toys 'R' Us, which account for 62% of US and Canada sales), which could affect profits, depending on demand for promotional spend.
  • The inability to capture entertainment and licensing contracts (or loss of contracts) could cause competitors to become relatively more attractive.
  • HAS quarterly revenue growth was -12.60%, lower than the industry and sector average revenue growth (1.08% and 0.78%, respectively). See HAS revenue growth chart.
  • HAS profitability is declining. The YoY profit margin change was -3.37 percentage points. See HAS profitability chart.
  • HAS short share of float is 5.41%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See HAS short share of float chart.
  • HAS short interest (days to cover the shorts) ratio is 4.94. The stock garners more short interest than the average industry, sector or S&P 500 stock. See HAS short interest ratio chart.

Key Stats

9. What are HAS key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for HAS:

Metrics HAS
Price $79.57
Average Price Target / Upside $86.80 / 9.09%
Average Analyst Rating Buy
Forward Dividend Yield 3.41%
Industry Leisure
Sector Consumer Cyclical
Number of Employees 5,800
Market Cap $10.94B
Forward P/E Ratio 18.56
Price/Book Ratio 2.2
Revenue (TTM) $4.97B
YoY Quarterly Revenue Growth -12.60%
Profit Margin 7.58%

If you liked this analysis, check out Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

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