On Monday, shares of Hasbro, Inc. (NASDAQ:HAS) marked $83.40 per share versus a previous $92.00 closing price. With having a -9.35% loss, an insight into the fundamental values of Hasbro, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. HAS showed a fall of -21.03% within its YTD performance, with highs and lows between $41.33 – $109.50 during the period of 52 weeks, compared to the simple moving average of 6.08% in the period of the last 200 days.
Stifel equity researchers changed the status of Hasbro, Inc. (NASDAQ: HAS) shares from “Hold” to a “Buy” rating in the report published on September 30th, 2020. Other analysts, including BMO Capital Markets, also published their reports on HAS shares. BMO Capital Markets repeated the rating from the previous report, marking HAS under “Outperform” rating, in the report published on September 23rd, 2020. Additionally, HAS shares got another “Equal Weight” rating from Consumer Edge Research, setting a target price of $80 on the company’s shares, according to the report published in June 9th, 2020. On April 17th, 2020, Wolfe Research Initiated an Outperform rating and increased its price target to $87. On the other hand, Berenberg Initiated the “Buy” rating for HAS shares, as published in the report on April 16th, 2020. BofA/Merrill seems to be going bullish on the price of HAS shares, based on the price prediction for HAS, indicating that the shares will jump to $117, giving the shares “Neutral” rating based on their report from January 29th, 2020. Another “Neutral” rating came from JP Morgan, providing a prediction for $117 price target according to the report published in January 27th, 2020.
[bold-text]Hasbro, Inc. (HAS) Analysis[/bold-text]
The present dividend yield for HAS owners is set at 0.03, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Hasbro, Inc., the company needs to provide a healthy cash flow, currently at the value of 143.59. In addition, the growth of sales from quarter to quarter is recording -12.60%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Hasbro, Inc. (HAS) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 14.80% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.30 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while HAS is currently recording an average of 902.70K in volumes. The volatility of the stock on monthly basis is set at 2.94%, while the weekly volatility levels are marked at 3.35%with -3.64% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $93.86, indicating growth from the present price of $83.40, which can represent yet another valuable research and analysis points that can help you decide whether to invest in HAS or pass.
[bold-text]What to Look for When Analyzing Hasbro, Inc. Shares?[/bold-text]
Hasbro, Inc. (HAS) is based in the USA and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare HAS shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 28.49 for Hasbro, Inc., while the value 18.93 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 2.93 is supported by the yearly EPS growth of 96.80%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.20%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 82.30% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in HAS Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in HAS in the recent period. That is how Capital Research & Management Co. now has an increase position in HAS by 3.60% in the first quarter, owning 12.84 million shares of HAS stocks, with the value of $1.06 billion after the purchase of an additional 446,285 shares during the last quarter. In the meanwhile, JPMorgan Investment Management, I also increased their stake in HAS shares changed 4.08% in the first quarter, which means that the company now owns 3.68 million shares of company, all valued at $304.71 million after the acquisition of additional 144,569 shares during the last quarter.
HS Management Partners LLC acquired a new position in Hasbro, Inc. during the first quarter, with the value of $180.75 million, and Geode Capital Management LLC increased their stake in the company’s shares by 1.25% in the first quarter, now owning 26,771 shares valued at $179.04 million after the acquisition of the additional 2.16 million shares during the last quarter. At the present, 82.30% of HAS shares are in the ownership of institutional investors.