Hasbro, Inc (NASDAQ: HAS) is 21.13% higher on its value in year-to-date trading and has touched a low of $43.74 and a high of $73.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HAS stock was last observed hovering at around $61.76 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $61.85, the stock is -3.96% and -9.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 0.15% at the moment leaves the stock 0.74% off its SMA200. HAS registered 38.46% gain for a year compared to 6-month gain of 2.52%. The firm has a 50-day simple moving average (SMA 50) of $68.6614 and a 200-day simple moving average (SMA200) of $61.39805.
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The stock witnessed a -12.94% loss in the last 1 month and extending the period to 3 months gives it a -7.44%, and is -1.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.83% over the week and 2.62% over the month.
Hasbro, Inc (HAS) has around 5502 employees, a market worth around $8.63B and $4.32B in sales. Fwd P/E is 13.94. Profit margin for the company is -14.83%. Distance from 52-week low is 41.40% and -15.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.50%).
The EPS is expected to grow by 53.29% this year
839.0 institutions hold shares in Hasbro, Inc (HAS), with institutional investors hold 91.48% of the company’s shares. The shares outstanding are 138.79M, and float is at 131.12M with Short Float at 3.25%. Institutions hold 85.97% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.85 million shares valued at $927.21 million. The investor’s holdings represent 11.3945 of the HAS Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 14.78 million shares valued at $864.9 million to account for 10.6288 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 13.89 million shares representing 9.9867 and valued at over $812.65 million, while STATE STREET CORP holds 4.4179 of the shares totaling 6.15 million with a market value of $359.5 million.
Hasbro, Inc (HAS) Insider Activity
The most recent transaction is an insider sale by Sibley Tarrant L., the company’s EVP, CLO and Corp Secretary. SEC filings show that Sibley Tarrant L. sold 13,000 shares of the company’s common stock on May 29 ’24 at a price of $60.26 per share for a total of $0.78 million. Following the sale, the insider now owns 53003.0 shares.
