Closing Bell Recap: Hasbro, Inc (HAS) Ends at 63.49, Reflecting a -5.18 Downturn

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Hasbro, Inc (NASDAQ: HAS) closed the day trading at $63.49 down -5.18% from the previous closing price of $66.96. In other words, the price has decreased by -$5.18 from its previous closing price. On the day, 2.3 million shares were traded. HAS stock price reached its highest trading level at $67.7526 during the session, while it also had its lowest trading level at $62.6197.

Ratios:

For a better understanding of HAS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.31. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 3.10 whereas as Long-Term Debt/Eq ratio is at 2.69.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on September 16, 2024, Reiterated its Buy rating but revised its target price to $90 from $85 previously.

On June 14, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $70 to $80.

JP Morgan Upgraded its Neutral to Overweight on May 23, 2024, whereas the target price for the stock was revised from $61 to $74.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 29 ’24 when Sibley Tarrant L. sold 13,000 shares for $60.26 per share. The transaction valued at 783,442 led to the insider holds 53,003 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HAS now has a Market Capitalization of 9338046464 and an Enterprise Value of 11689145344. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 6.88. Its current Enterprise Value per Revenue stands at 2.704 whereas that against EBITDA is 15.137.

Stock Price History:

Over the past 52 weeks, HAS has reached a high of $73.46, while it has fallen to a 52-week low of $42.66. The 50-Day Moving Average of the stock is -8.77%, while the 200-Day Moving Average is calculated to be 4.52%.

Shares Statistics:

Over the past 3-months, HAS traded about 1.24M shares per day on average, while over the past 10 days, HAS traded about 1823030 shares per day. A total of 138.79M shares are outstanding, with a floating share count of 131.12M. Insiders hold about 6.01% of the company’s shares, while institutions hold 86.99% stake in the company. Shares short for HAS as of 1728950400 were 3482843 with a Short Ratio of 2.81, compared to 1726185600 on 3504148. Therefore, it implies a Short% of Shares Outstanding of 3482843 and a Short% of Float of 3.6799999999999997.

Dividends & Splits

HAS’s forward annual dividend rate is 2.10, up from 2.1 a year ago. Against a Trailing Annual Dividend Yield of 0.031362005The stock’s 5-year Average Dividend Yield is 3.81.

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