Hasbro, Inc. (HAS)

NASDAQ: HAS · IEX Real-Time Price · USD
51.06
-0.41 (-0.80%)
At close: Dec 29, 2023, 4:00 PM
51.34
+0.28 (0.55%)
After-hours: Dec 29, 2023, 7:45 PM EST
-0.80%
Market Cap 7.09B
Revenue (ttm) 5.39B
Net Income (ttm) -557.10M
Shares Out 138.76M
EPS (ttm) -4.01
PE Ratio n/a
Forward PE 15.11
Dividend $2.80 (5.48%)
Ex-Dividend Date Jan 31, 2024
Volume 863,412
Open 51.22
Previous Close 51.47
Day's Range 50.77 - 51.60
52-Week Range 42.66 - 73.58
Beta 0.73
Analysts Buy
Price Target 71.63 (+40.29%)
Earnings Date Feb 15, 2024

About HAS

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company in the United States and internationally. The company operates through Consumer Products, Wizards of the Coast and Digital Gaming, and Entertainment segments. The Consumer Products segment engages in the sourcing, marketing, and sale of toy and game products. This segment also promotes its brands through the out-licensing of trademarks, characters, and other brand and intellectual property rights to third parties through the sale of branded consumer produ... [Read more]

Industry Leisure
Founded 1923
Employees 6,490
Stock Exchange NASDAQ
Ticker Symbol HAS
Full Company Profile

Financial Performance

In 2022, Hasbro's revenue was $5.86 billion, a decrease of -8.78% compared to the previous year's $6.42 billion. Earnings were $203.50 million, a decrease of -52.53%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for HAS stock is "Buy." The 12-month stock price forecast is $71.63, which is an increase of 40.29% from the latest price.

Price Target
$71.63
(40.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hasbro Completes Sale of Entertainment One Film and Television Business to Lionsgate

PAWTUCKET, R.I.--(BUSINESS WIRE)---- $HAS #HAS--Hasbro Completes Sale of Entertainment One Film and Television Business to Lionsgate.

4 days ago - Business Wire

Lionsgate Closes Acquisition Of eOne From Hasbro

Lionsgate said today its acquisition of global entertainment platform eOne from Hasbro is done. The transaction announced last August adds 6,500 film and television titles to Lionsgate's large library...

4 days ago - Deadline

These 3 Consumer Stocks With Over 5% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Ford Motor (NYSE:F), Foot Locker (NYSE:FL)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: FFL
10 days ago - Benzinga

CORRECTING and REPLACING Hasbro Announces Quarterly Cash Dividend on Common Shares

PAWTUCKET, R.I.--(BUSINESS WIRE)--Hasbro Announces Quarterly Cash Dividend on Common Shares.

13 days ago - Business Wire

Hasbro Announces Quarterly Cash Dividend on Common Shares

PAWTUCKET, R.I.--(BUSINESS WIRE)--Hasbro Announces Quarterly Cash Dividend on Common Shares.

13 days ago - Business Wire

Down 45% The Past 3 Years, With The S&P Up 25%, What Next For Hasbro Stock?

HAS' fiscal year 2022 ended December 25, 2022

13 days ago - Forbes

The Score: Macy's, Hasbro, Pfizer and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news.

Other symbols: MPFE
16 days ago - WSJ

Three-Stock Lunch: HAS, ORCL & ZG

Victoria Greene, G Squared Wealth, joins 'Power Lunch' to discuss his investing take on three stocks: Hasbro, Oracle and Zillow.

Other symbols: ORCLZG
19 days ago - CNBC Television

Hasbro lays off nearly 20% of its workers

Toymaker Hasbro (HAS) lays off close to 20% of its workforce to balance out the impact of weakening toy sales, according to a memo from CEO Chris Cocks. Yahoo Finance anchors Brad Smith and Seana Smit...

19 days ago - Yahoo Finance

Hasbro says headwinds will “persist into 2024” as it announces layoff

Hasbro Inc (NASDAQ: HAS) opened in the red today after revealing plans of trimming another 900 jobs globally. Hasbro expects weakness in 2024 The announcement arrives more than a month after the multi...

19 days ago - Invezz

Hasbro cutting 1,100 jobs as toy sales slow

Hasbro announced it is laying off over 1,000 employees in order to cut costs as it continues to struggle with declining toy sales for consecutive quarters.

19 days ago - Fox Business

Hasbro Cuts 1,100 Jobs, Citing Slumping Holiday Sales

Hasbro announced it would cut close to 20% of its staff over the next 18 to 24 months, including 200 left over from an earlier round of cuts, due to slumping sales of toys and games during the holiday...

19 days ago - Bloomberg Markets and Finance

Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. The latest job cuts will be made over the next 18 to 2...

20 days ago - PYMNTS

Hasbro slashing 900 jobs as high inflation takes bite out of toy sales

"The headwinds we saw through the first nine months of the year have continued into holiday and are likely to persist into 2024," Hasbro's CEO said.

20 days ago - New York Post

Hasbro Laying Off Over 1,000 As CEO Calls Market Headwinds “Stronger And More Persistent Than Planned”

Giant toymaker Hasbro is laying off 1,100 employees, following 800 staff cuts announced earlier this year, as CEO Chris Cocks cited a tough business climate that's been slow to recover. That's about 2...

20 days ago - Deadline

Hasbro to cut 1,100 jobs despite Dungeons & Dragons parent thriving

Hasbro is laying off 1,100 employees, according to an SEC filing. The company behind franchises like Dungeons & Dragons and Transformers, Hasbro already laid off 800 employees in January.

20 days ago - TechCrunch

2023 Layoff Tracker: Hasbro Cuts 1,100 Employees

Toy manufacturer Hasbro will cut 1,100 employees, according to an internal memo released Monday, making it the latest major U.S. company to reduce its head count this year (see Forbes' layoff tracker ...

20 days ago - Forbes

Hasbro laying off 1,100 workers as weak toy sales persist into holiday season

Hasbro, the toy brand behind My Little Pony and Transformers, had already laid off hundreds of employees earlier this year.

20 days ago - CNBC

Toymaker Hasbro lays off 1,100 staff as holiday season fails to lift sales

Manufacturer of Monopoly, Play-Doh and Transformer cuts workforce by almost one-fifth as ‘last resort'

20 days ago - The Guardian

Hasbro, Mattel stocks fall after report of Hasbro layoffs amid toy sales slump

Hasbro Inc. HAS, +0.39% is cutting nearly 20% of its workforce, or about 1,100 employees, as a slump for toy and game sales continues into the holiday shopping period, the Wall Street Journal reported...

Other symbols: MAT
20 days ago - Market Watch

Starbreeze to develop and publish game based on the Dungeons & Dragons® IP

Starbreeze Entertainment today announces that it has licensed the world's greatest roleplaying game - Dungeons & Dragons® - to be used in the upcoming Project Baxter game. Starbreeze licenses the IP f...

27 days ago - PRNewsWire

Doing Your Holiday Shopping? These Stocks Might Make Great Gifts

It's that time of year when people are doing their holiday shopping and making their gift list — and checking it twice. Whether you're a parent planning gifts for your children of any age, including a...

27 days ago - MarketBeat

Global Preschool Phenomenon Peppa Pig Celebrates 20th Anniversary With Peppa's Cinema Party Featuring All-New Season 10 Episodes

PAWTUCKET, R.I.--(BUSINESS WIRE)--Hasbro, Inc. (NASDAQ: HAS), a leading toy and game company, announced today that PEPPA PIG will jump into cinemas for the character's 20th anniversary and biggest cin...

4 weeks ago - Business Wire

Eight Beaten-Down Stocks Including Pfizer and Hasbro That Look Like Bargains

Some of the stocks dumped as funds do tax-loss selling can be attractive buys.

Other symbols: PFEAPTVEVRLAZMTCHNEMSQ
4 weeks ago - Barrons

Get ready for Christmas shopping-sprees with these 2 winners

What a year November has been; that's right, a single month felt like a whole year for some investors, who saw the S&P 500 run up more than 10.0% while the VIX crashed from above 22.0% to its lowest p...

Other symbols: MAT
4 weeks ago - MarketBeat