Wall Street brokerages predict that Hasbro, Inc. (NASDAQ:HAS) will post $1.72 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have made estimates for Hasbro’s earnings. The highest EPS estimate is $1.83 and the lowest is $1.58. Hasbro posted earnings of $2.30 per share in the same quarter last year, which would suggest a negative year over year growth rate of 25.2%. The firm is expected to issue its next earnings results on Wednesday, February 6th.

On average, analysts expect that Hasbro will report full-year earnings of $4.22 per share for the current year, with EPS estimates ranging from $4.09 to $4.32. For the next fiscal year, analysts anticipate that the business will post earnings of $5.09 per share, with EPS estimates ranging from $4.70 to $5.68. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that follow Hasbro.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Monday, October 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.23 by ($0.30). Hasbro had a return on equity of 34.61% and a net margin of 4.31%. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter in the prior year, the business posted $2.09 earnings per share. Hasbro’s revenue was down 12.4% on a year-over-year basis.

HAS has been the topic of several analyst reports. MKM Partners raised shares of Hasbro from a “neutral” rating to a “buy” rating and increased their target price for the stock from $92.00 to $115.00 in a research report on Wednesday, August 15th. BidaskClub raised shares of Hasbro from a “hold” rating to a “buy” rating in a research report on Saturday, September 15th. TheStreet raised shares of Hasbro from a “c+” rating to a “b” rating in a research report on Monday, July 23rd. SunTrust Banks increased their target price on shares of Hasbro to $108.00 and gave the stock a “hold” rating in a research report on Tuesday, July 24th. Finally, Monness Crespi & Hardt downgraded shares of Hasbro from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 24th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $105.33.

In other news, CFO Deborah Thomas sold 19,683 shares of the firm’s stock in a transaction dated Wednesday, August 29th. The stock was sold at an average price of $100.83, for a total value of $1,984,636.89. Following the sale, the chief financial officer now directly owns 97,083 shares of the company’s stock, valued at $9,788,878.89. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brian Goldner purchased 11,000 shares of the stock in a transaction dated Monday, October 29th. The stock was acquired at an average cost of $91.80 per share, for a total transaction of $1,009,800.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 81,971 shares of company stock worth $8,296,408. 9.90% of the stock is currently owned by company insiders.

Several large investors have recently modified their holdings of the company. Valeo Financial Advisors LLC grew its position in Hasbro by 87.8% during the third quarter. Valeo Financial Advisors LLC now owns 1,283 shares of the company’s stock worth $118,000 after buying an additional 600 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Hasbro during the second quarter worth about $136,000. Bbva Compass Bancshares Inc. acquired a new stake in Hasbro during the third quarter worth about $179,000. Captrust Financial Advisors grew its position in Hasbro by 54.6% during the third quarter. Captrust Financial Advisors now owns 1,752 shares of the company’s stock worth $184,000 after buying an additional 619 shares in the last quarter. Finally, Cape ANN Savings Bank acquired a new stake in Hasbro during the third quarter worth about $205,000. 82.31% of the stock is currently owned by institutional investors.

Hasbro stock traded down $2.79 during mid-day trading on Wednesday, hitting $94.92. 96,013 shares of the company’s stock were exchanged, compared to its average volume of 1,729,087. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.41 and a quick ratio of 1.95. The company has a market capitalization of $12.36 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 1.97 and a beta of 0.96. Hasbro has a 1-year low of $79.00 and a 1-year high of $109.60.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

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Earnings History and Estimates for Hasbro (NASDAQ:HAS)

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