Hasbro Inc. (NASDAQ: HAS) has reported a loss for its second fiscal quarter (ending June 30) of $-0.17 versus a loss $-0.25 for the same period a year ago. This result fell short of the consensus estimate of $0.47 by $-0.64. For the latest four quarters through June 30, E.P.S. were $3.06 versus $2.95 for the same period a year ago — an increase of 4%.
Recent Price Action
On 7/26/21, Hasbro Inc. (NASDAQ: HAS) stock enjoyed a major increase of 12.2%, closing at $103.72. Moreover, exceptionally high trading volume at 552% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 10.3% during the last week.
Current PriceTarget Research Rating
HAS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Hasbro has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hasbro has a neutral Appreciation Score of 54 but a poor Power Rating of 26, and the Negative Value Trend Rating results.
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.