Hasbro (NASDAQ:HAS) Stock Rating Upgraded by Zacks Research

Hasbro (NASDAQ:HAS) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday, Zacks reports.

Several other equities research analysts also recently weighed in on HAS. DA Davidson cut their price objective on Hasbro from $100.00 to $95.00 and set a “neutral” rating on the stock in a report on Wednesday, July 22nd. Wall Street Zen cut Hasbro from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Argus increased their target price on Hasbro from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. The Goldman Sachs Group cut their price target on Hasbro from $117.00 to $115.00 and set a “buy” rating on the stock in a research note on Monday, September 21st. Finally, Roth Capital restated a “buy” rating on shares of Hasbro in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.07.

Hasbro Trading Up 0.2%

Shares of HAS opened at $117.44 on Thursday. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.46 and a current ratio of 1.40. Hasbro has a 52-week low of $74.78 and a 52-week high of $117.77. The firm has a market cap of $16.56 billion, a price-to-earnings ratio of 17.55, a PEG ratio of 1.52 and a beta of 0.45. The business’s fifty day moving average is $93.87 and its 200-day moving average is $90.58.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $1.86 by $1.04. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.48 billion. Hasbro had a return on equity of 140.60% and a net margin of 18.44%. Hasbro’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.68 EPS. Equities analysts anticipate that Hasbro will post 6.69 EPS for the current fiscal year.

Insider Buying and Selling at Hasbro

In other Hasbro news, insider John Hight sold 3,186 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $93.71, for a total transaction of $298,560.06. Following the completion of the transaction, the insider owned 67,557 shares in the company, valued at approximately $6,330,766.47. This trade represents a 4.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gina Goetter sold 8,265 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $93.96, for a total transaction of $776,579.40. Following the completion of the sale, the chief financial officer owned 79,839 shares of the company’s stock, valued at $7,501,672.44. The trade was a 9.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 50,472 shares of company stock worth $4,736,533. Company insiders own 0.71% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. IRON Financial LLC bought a new stake in shares of Hasbro in the third quarter valued at $250,000. Citizens Financial Group Inc. RI bought a new position in shares of Hasbro during the 3rd quarter worth $216,000. Carolina Wealth Advisors LLC increased its holdings in Hasbro by 1.2% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 31,610 shares of the company’s stock worth $2,772,000 after acquiring an additional 389 shares during the last quarter. Tectonic Advisors LLC increased its holdings in Hasbro by 5.0% in the 3rd quarter. Tectonic Advisors LLC now owns 172,379 shares of the company’s stock worth $15,114,000 after acquiring an additional 8,239 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its stake in Hasbro by 10.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 4,197 shares of the company’s stock valued at $368,000 after acquiring an additional 391 shares during the period. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Strong earnings momentum: Hasbro’s latest results exceeded expectations, with earnings per share of $2.90 versus the $1.86 consensus and revenue of $1.60 billion versus $1.48 billion expected. Revenue increased 15% year over year, helping drive the stock to a new 52-week high. Hasbro Sets New 1-Year High After Better-Than-Expected Earnings
• Positive Sentiment: Analyst and quantitative support: BNP Paribas Exane reaffirmed an “Outperform” rating, while Citigroup reportedly expects further appreciation. Hasbro was also added to multiple Zacks Rank #1 “Strong Buy” lists, including momentum and income-stock screens. BNP Paribas Exane Reaffirms Outperform Rating Best Momentum Stock to Buy
• Positive Sentiment: Magic franchise remains a key growth driver: UBS said Hasbro is showing confidence in the broader upside of Magic: The Gathering. Management also highlighted trading cards as the largest category in toys and games, reinforcing investor interest in the franchise’s growth and profitability. Hasbro Shows Confidence in Overall Magic Franchise Upside
• Neutral Sentiment: Boston relocation: CEO Chris Cocks cited access to talent and a more attractive urban environment as reasons for moving Hasbro’s headquarters from Pawtucket to Boston. The move may support recruiting, but its near-term financial impact is unclear. Hasbro’s CEO on the Company’s Relocation to Boston
• Negative Sentiment: Revenue guidance is slightly cautious: Hasbro issued fiscal 2026 revenue guidance of $5.0 billion to $5.1 billion, compared with the $5.1 billion analyst consensus. The lower end of the range could limit upside if investors view it as evidence of slowing growth.

About Hasbro

Hasbro, Inc is a global branded entertainment company that develops and markets toys, games, entertainment experiences and consumer products. Its portfolio includes well-known brands such as Monopoly, Play-Doh, Transformers, Nerf, My Little Pony, Dungeons & Dragons and Magic: The Gathering.

The company serves consumers through a range of channels, including retail, e-commerce, digital gaming, entertainment content and licensing. Hasbro also works with third-party partners to extend its brands into film and television, apparel, publishing and other consumer products.