In the past week, HAS stock has gone up by 2.42%, with a monthly gain of 8.01% and a quarterly surge of 13.34%. The volatility ratio for the week is 2.46%, and the volatility levels for the last 30 days are 2.26% for Hasbro, Inc. The simple moving average for the past 20 days is 2.92% for HAS’s stock, with a 1.15% simple moving average for the past 200 days.
Is It Worth Investing in Hasbro, Inc. (NASDAQ: HAS) Right Now?
HAS has 36-month beta value of 0.69. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for HAS is 129.72M, and currently, short sellers hold a 6.34% ratio of that float. The average trading volume of HAS on April 11, 2024 was 1.73M shares.
HAS) stock’s latest price update
Hasbro, Inc. (NASDAQ: HAS)’s stock price has decreased by -0.96 compared to its previous closing price of 57.33. However, the company has seen a 2.42% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-08 that Investors interested in stocks from the Toys – Games – Hobbies sector have probably already heard of Mattel (MAT) and Hasbro (HAS). But which of these two stocks presents investors with the better value opportunity right now?
Analysts’ Opinion of HAS
Many brokerage firms have already submitted their reports for HAS stocks, with DA Davidson repeating the rating for HAS by listing it as a “Neutral.” The predicted price for HAS in the upcoming period, according to DA Davidson is $53 based on the research report published on January 02, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see HAS reach a price target of $53, previously predicting the price at $90. The rating they have provided for HAS stocks is “Neutral” according to the report published on October 27th, 2023.
Citigroup gave a rating of “Neutral” to HAS, setting the target price at $62 in the report published on October 20th of the previous year.
HAS Trading at 8.42% from the 50-Day Moving Average
After a stumble in the market that brought HAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.83% of loss for the given period.
Volatility was left at 2.26%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares surge +6.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.45% upper at present.
During the last 5 trading sessions, HAS rose by +2.42%, which changed the moving average for the period of 200-days by -5.37% in comparison to the 20-day moving average, which settled at $55.35. In addition, Hasbro, Inc. saw 11.20% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HAS
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.55 for the gross margin
The net margin for Hasbro, Inc. stands at -0.3. The total capital return value is set at -0.11. Equity return is now at value -76.48, with -18.81 for asset returns.
Based on Hasbro, Inc. (HAS), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 3.29. The interest coverage ratio of the stock is -2.71.
Currently, EBITDA for the company is 851.9 million with net debt to EBITDA at 6.77. When we switch over and look at the enterprise to sales, we see a ratio of 2.19. The receivables turnover for the company is 4.86for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
Conclusion
To put it simply, Hasbro, Inc. (HAS) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
