Investor’s Delight: Hasbro, Inc. (HAS) Closes Strong at 56.83, Up 0.42

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The closing price of Hasbro, Inc. (NASDAQ: HAS) was $56.83 for the day, up 0.42% from the previous closing price of $56.59. In other words, the price has increased by $0.42 from its previous closing price. On the day, 1.09 million shares were traded. HAS stock price reached its highest trading level at $57.23 during the session, while it also had its lowest trading level at $56.6.

Ratios:

Our analysis of HAS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.91. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 7911645696 and an Enterprise Value of 10862343168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 7.86. Its current Enterprise Value per Revenue stands at 2.282 whereas that against EBITDA is 16.135.

Stock Price History:

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 -5.73%, while the 200-Day Moving Average is calculated to be 4.79%.

Shares Statistics:

HAS traded an average of 1.89M shares per day over the past three months and 1543390 shares per day over the past ten days. A total of 138.79M shares are outstanding, with a floating share count of 130.14M. Insiders hold about 6.52% of the company’s shares, while institutions hold 92.75% stake in the company. Shares short for HAS as of 1718323200 were 5095940 with a Short Ratio of 2.70, compared to 1715731200 on 6304688. Therefore, it implies a Short% of Shares Outstanding of 5095940 and a Short% of Float of 5.41.

Dividends & Splits

With its trailing 12-month dividend rate of 2.8, HAS has a forward annual dividend rate of 2.80. Against a Trailing Annual Dividend Yield of 0.049478706The stock’s 5-year Average Dividend Yield is 3.69.

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