Hasbro Inc. (NASDAQ: HAS) has reported E.P.S. of $0.42 for its first fiscal quarter (ending March 31) versus $-0.16 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $-10.14 versus $0.86 for the same period a year ago.
Recent Price Action
Hasbro Inc. (NASDAQ: HAS) stock enjoyed a major increase of 11.9% on 4/24/24. The shares closed at $65.03. Moreover, exceptionally high trading volume at 424% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 18.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HAS is expected to continue to be a major Value Builder.
Hasbro has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Hasbro has a poor Appreciation Score of 23 and a poor Power Rating of 18, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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