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After finishing at $59.85 in the prior trading day, Hasbro, Inc. (NASDAQ: HAS) closed at $58.28, down -2.62%. In other words, the price has decreased by -$2.62 from its previous closing price. On the day, 1.31 million shares were traded. HAS stock price reached its highest trading level at $59.48 during the session, while it also had its lowest trading level at $58.14.
Ratios:
Our goal is to gain a better understanding of HAS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 3.48 whereas as Long-Term Debt/Eq ratio is at 2.95.
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 the company, BofA Securities on June 14, 2024, Upgraded its rating to Buy and sets its target price to $80 from $70 previously.
On May 23, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $61 to $74.
Monness Crespi & Hardt reiterated its Buy rating for the stock on April 25, 2024, while the target price for the stock was revised from $60 to $75.
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 8332058112 and an Enterprise Value of 11064206336. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 8.07. Its current Enterprise Value per Revenue stands at 2.325 whereas that against EBITDA is 16.435.
Stock Price History:
The Beta on a monthly basis for HAS is 0.61, which has changed by -0.0902279 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, HAS has reached a high of $73.57, while it has fallen to a 52-week low of $42.66. The 50-Day Moving Average of the stock is -2.15%, while the 200-Day Moving Average is calculated to be 8.16%.
Shares Statistics:
The stock has traded on average 1.91M shares per day over the past 3-months and 1541940 shares per day over the last 10 days, according to various share statistics. A total of 138.79M shares are outstanding, with a floating share count of 130.15M. Insiders hold about 6.52% of the company’s shares, while institutions hold 91.88% stake in the company. Shares short for HAS as of 1719532800 were 4738248 with a Short Ratio of 2.48, compared to 1717113600 on 7495141. Therefore, it implies a Short% of Shares Outstanding of 4738248 and a Short% of Float of 5.0300002.
Dividends & Splits
In the trailing 12 months, HAS’s forward annual dividend rate was 2.8, compared to 2.80 this year. Against a Trailing Annual Dividend Yield of 0.046783626The stock’s 5-year Average Dividend Yield is 3.69.
