Analyst Target Update & Review on Hasbro, Inc. (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) currently has an Average Broker Rating of 2. This number is based on the 8 sell-side firms polled by Zacks. The ABR rank within the industry stands at 115.   

Analysts on a consensus basis are expecting that the stock will reach $110.67 within the year.  The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. 

Research analysts study publicly traded companies and make recommendations on the securities of those companies. Most specialize in a particular industry or sector of the economy. They exert considerable influence in today’s marketplace. Analysts’ recommendations or reports can influence the price of a company’s stock—especially when the recommendations are widely disseminated through television appearances or through other electronic and print media. The mere mention of a company by a popular analyst can temporarily cause its stock to rise or fall—even when nothing about the company’s prospects or fundamentals has recently changed.

Analysts often use a variety of terms—buy, strong buy, near-term or long-term accumulate, near-term or long-term over-perform or under-perform, neutral, hold—to describe their recommendations. But the meanings of these terms can differ from firm to firm. Rather than make assumptions, investors should carefully read the definitions of all ratings used in each research report. They should also consider the firm’s disclosures regarding what percentage of all ratings fall into either “buy,” “hold/neutral,” and “sell” categories.

Accumulating knowledge about the stock market can be a big part of the investment planning process. Proper allocation of equity investments is also an important factor. Finding the proper mix of stocks may end up being more important than the single stocks added to the portfolio. Determining the correct asset allocation can depend on variables such as risk appetite and financial goals. These goals may be short-term, medium term, or longer-term. Investors will often have to determine how aggressive they will be when buying stocks. This can also depend on the overall time horizon and risk tolerance. Some investors might be unfazed by continuous market fluctuations. Others may be much more sensitive, and they may need to adjust their plans accordingly.

Earnings
Research analysts are predicting that Hasbro, Inc. (NASDAQ:HAS) will report earnings of $2.02 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Most recently Hasbro, Inc. (NASDAQ:HAS) posted quarterly earnings of $0.53 which compared to the sell-side estimates of 1.97. The stock’s 12-month trailing earnings per share stands at $4.63. Shares have moved $4.17 over the past month and more recently, $0.53 over the past week heading into the earnings announcement. There are 6 analyst projections that were taken into consideration from respected brokerage firms.

Hasbro, Inc. (NASDAQ:HAS) closed the last session at $97.13 and sees an average of 1107217.13 shares trade hands in each session. The 52-week low of the stock stands at $76.16 while the current level stands at 52.7% of the 52-week High-Low range. Looking further out we can see that the stock has moved -7.5% over the past 12 weeks and 24.86% year to date.

Buy Ratings
4 analysts rate Hasbro, Inc. a Buy or Strong Buy, which is 50% of all the analyst ratings.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.

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