Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Hasbro (HAS) Share Price

Media coverage about Hasbro (NASDAQ:HAS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hasbro earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.7011658536822 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

A number of research firms have recently weighed in on HAS. Zacks Investment Research raised shares of Hasbro from a “sell” rating to a “hold” rating in a research note on Tuesday. DA Davidson set a $124.00 price target on shares of Hasbro and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Stifel Nicolaus dropped their price target on shares of Hasbro from $109.00 to $104.00 and set a “hold” rating on the stock in a research note on Monday, October 16th. UBS AG set a $104.00 price target on shares of Hasbro and gave the stock a “hold” rating in a research note on Monday, November 13th. Finally, BidaskClub downgraded shares of Hasbro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 12th. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $106.69.

Hasbro (NASDAQ HAS) traded down $0.87 during trading on Tuesday, reaching $95.02. 966,800 shares of the company’s stock traded hands, compared to its average volume of 1,359,673. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.53 and a quick ratio of 2.11. The firm has a market capitalization of $11,820.00, a P/E ratio of 20.45, a price-to-earnings-growth ratio of 1.92 and a beta of 0.87. Hasbro has a 52-week low of $77.20 and a 52-week high of $116.20.

Hasbro (NASDAQ:HAS) last posted its earnings results on Monday, October 23rd. The company reported $2.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the business posted $2.03 earnings per share. The business’s quarterly revenue was up 6.6% on a year-over-year basis. equities research analysts forecast that Hasbro will post 5 EPS for the current year.

In other Hasbro news, EVP Wiebe Tinga sold 25,009 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $94.92, for a total transaction of $2,373,854.28. Following the completion of the sale, the executive vice president now directly owns 75,639 shares in the company, valued at $7,179,653.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Stephen J. Davis sold 1,500 shares of the company’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $97.57, for a total transaction of $146,355.00. Following the sale, the executive vice president now owns 39,125 shares of the company’s stock, valued at $3,817,426.25. The disclosure for this sale can be found here. Insiders have sold 430,072 shares of company stock valued at $41,151,674 over the last 90 days. Corporate insiders own 11.00% of the company’s stock.

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About Hasbro

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

Insider Buying and Selling by Quarter for Hasbro (NASDAQ:HAS)

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