Hasbro, Inc (NASDAQ: HAS) is 2.15% higher on its value in year-to-date trading and has touched a low of $46.09 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 $57.11 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $57.11, the stock is -2.57% and -8.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 0.00% at the moment leaves the stock -9.19% off its SMA200. HAS registered 14.54% gain for a year compared to 6-month gain of -0.07%. The firm has a 50-day simple moving average (SMA 50) of $62.0998 and a 200-day simple moving average (SMA200) of $62.89115.
The stock witnessed a -13.44% loss in the last 1 month and extending the period to 3 months gives it a -20.80%, and is 2.15% up 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 2.30% over the week and 2.39% over the month.
Hasbro, Inc (HAS) has around 5502 employees, a market worth around $7.97B and $4.32B in sales. Fwd P/E is 12.91. Profit margin for the company is -14.83%. Distance from 52-week low is 23.91% and -22.26% 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 53.44% this year
843.0 institutions hold shares in Hasbro, Inc (HAS), with institutional investors hold 91.87% of the company’s shares. The shares outstanding are 139.49M, and float is at 131.18M with Short Float at 3.36%. Institutions hold 86.33% 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 Austin Matthew Edward, the company’s EVP & Chief Revenue Officer. SEC filings show that Austin Matthew Edward sold 1,718 shares of the company’s common stock on Nov 29 ’24 at a price of $65.06 per share for a total of $0.11 million. Following the sale, the insider now owns 36828.0 shares.
Still, SEC filings show that on May 29 ’24, Sibley Tarrant L. (EVP, CLO and Corp Secretary) disposed off 13,000 shares at an average price of $60.26 for $0.78 million. The insider now directly holds 53,003 shares of Hasbro, Inc (HAS).
