Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Hasbro (HAS) Share Price
Media stories about Hasbro (NASDAQ:HAS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hasbro earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.8539249701287 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Hasbro, Inc. (NASDAQ:HAS) – Today’s Hot Stock Under Review – Nasdaq Journal (press release) (nasdaqjournal.com)
- Lego teams up with China’s Tencent – Seeking Alpha (seekingalpha.com)
- Nearly Half of MONOPOLY Players Confess to Cheating During Gameplay – Business Wire (press release) (businesswire.com)
- Hasbro, Inc. (HAS): Analyzing Basic Trading Data – Market Movers (financialqz.com)
Several analysts have issued reports on HAS shares. Wells Fargo & Co restated a “market perform” rating and issued a $95.00 price target (down from $100.00) on shares of Hasbro in a research report on Tuesday, October 24th. BidaskClub lowered shares of Hasbro from a “hold” rating to a “sell” rating in a research report on Wednesday, December 6th. DA Davidson set a $124.00 price target on shares of Hasbro and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Zacks Investment Research upgraded shares of Hasbro from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Finally, Stifel Nicolaus reduced their price objective on shares of Hasbro from $109.00 to $104.00 and set a “hold” rating for the company in a report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company’s stock. Hasbro currently has a consensus rating of “Hold” and an average target price of $105.81.
Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Monday, October 23rd. The company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period last year, the firm posted $2.03 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. equities research analysts predict that Hasbro will post 5 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.49%. The ex-dividend date is Wednesday, January 31st. Hasbro’s dividend payout ratio is currently 48.61%.
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Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.
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