Daily Progress: Hasbro, Inc (HAS) Drop -1.10, Closing at 60.15

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In the latest session, Hasbro, Inc (NASDAQ: HAS) closed at $60.15 down -1.10% from its previous closing price of $60.82. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 1.75 million shares were traded. HAS stock price reached its highest trading level at $60.825 during the session, while it also had its lowest trading level at $59.7501.

Ratios:

For a deeper understanding of Hasbro, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.71. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 29 ’24 when Austin Matthew Edward sold 1,718 shares for $65.06 per share. The transaction valued at 111,782 led to the insider holds 36,828 shares of the business.

MATTHEW AUSTIN bought 1,718 shares of HAS for $111,782 on Nov 29 ’24. On May 29 ’24, another insider, Sibley Tarrant L., who serves as the EVP, CLO and Corp Secretary of the company, sold 13,000 shares for $60.26 each. As a result, the insider received 783,442 and left with 53,003 shares of the company.

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 8390984704 and an Enterprise Value of 11223209984. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 6.52. Its current Enterprise Value per Revenue stands at 2.596 whereas that against EBITDA is 14.534.

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 $46.09. The 50-Day Moving Average of the stock is -8.96%, while the 200-Day Moving Average is calculated to be -3.96%.

Shares Statistics:

For the past three months, HAS has traded an average of 1.45M shares per day and 1681660 over the past ten days. A total of 139.49M shares are outstanding, with a floating share count of 131.18M. Insiders hold about 5.96% of the company’s shares, while institutions hold 84.66% stake in the company. Shares short for HAS as of 1732838400 were 4410577 with a Short Ratio of 3.05, compared to 1730332800 on 4265765. Therefore, it implies a Short% of Shares Outstanding of 4410577 and a Short% of Float of 4.67.

Dividends & Splits

According to the company, the forward annual dividend rate for HAS is 2.80, from 2.1 in the trailing year. Against a Trailing Annual Dividend Yield of 0.034528114The stock’s 5-year Average Dividend Yield is 3.84.

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