Hasbro (HAS) Receiving Somewhat Favorable Press Coverage, Report Finds

News coverage about Hasbro (NASDAQ:HAS) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hasbro earned a news impact score of 0.14 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.7703330296748 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

Shares of Hasbro (HAS) traded up $2.04 on Friday, hitting $92.56. 1,860,000 shares of the stock were exchanged, compared to its average volume of 1,300,000. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.53 and a quick ratio of 2.11. The stock has a market cap of $11,790.00, a P/E ratio of 19.74, a PEG ratio of 1.48 and a beta of 0.86. Hasbro has a 1-year low of $80.22 and a 1-year high of $116.20.

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 Zacks’ consensus estimate of $1.94 by $0.15. The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.77 billion. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The business’s revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.03 EPS. equities analysts forecast that Hasbro will post 5 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be issued a $0.57 dividend. The ex-dividend date is Wednesday, January 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.46%. Hasbro’s dividend payout ratio is presently 48.61%.

Several analysts have recently commented on the stock. BidaskClub cut shares of Hasbro from a “hold” rating to a “sell” rating in a research note on Tuesday. Stifel Nicolaus reduced their target price on shares of Hasbro from $109.00 to $104.00 and set a “hold” rating for the company in a research note on Monday, October 16th. Zacks Investment Research cut shares of Hasbro from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Barclays upgraded shares of Hasbro from an “equal weight” rating to an “overweight” rating and set a $110.00 target price for the company in a research note on Tuesday, October 24th. Finally, Goldman Sachs Group restated a “buy” rating and issued a $118.00 target price on shares of Hasbro in a research note on Monday, October 2nd. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $105.81.

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About Hasbro

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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