Hasbro, Inc. is undergoing a transformation, focusing on core toys, games, and licensing, but faces short-term risks from tariffs and capped growth expectations. The company shows operational improvements, especially in its gaming and digital segments, but core toy revenues are declining, and tariffs pose significant risks. Hasbro's valuation appears fair but not compelling, with a forward dividend yield of 5.4% and a payout ratio under 70%.
In the most recent trading session, Hasbro (HAS) closed at $52.49, indicating a -1.61% shift from the previous trading day.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Shares of Hasbro (HAS -12.36%), Mattel (MAT -16.36%), and Funko (FNKO -17.94%) were getting crushed today as investors reacted to President Donald Trump's announcement of reciprocal tariffs last night.
Hasbro (HAS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
In the latest trading session, Hasbro (HAS) closed at $60.54, marking a +0.26% move from the previous day.
The Zacks Toys - Games - Hobbies industry benefits from robust demand for sports toys, fashion dolls and accessories, and STEM toys. Stocks like HAS and MAT are well-positioned at the moment.
In the latest trading session, Hasbro (HAS) closed at $59.79, marking a +0.83% move from the previous day.
The toy and game company wants teens and adults to buy more of its products to boost growth as tariffs loom large over the industry.
I maintain a buy rating for Hasbro with a price target of $88, citing multiple growth catalysts and attractive valuation at 14x NTM PE. Cost savings initiatives are on track, with management raising the target to $1 billion by 2027, providing flexibility for growth investments. Risks include potential weak demand for new products and margin pressures from US tariffs on Chinese imports amidst a soft consumer spending environment.
In the latest trading session, Hasbro (HAS) closed at $63.51, marking a +0.75% move from the previous day.