For its third fiscal quarter (ending September 30), Hasbro Inc. (NASDAQ: HAS) has reported a -230% decline in E.P.S. from $-1.23 a year ago to $1.60 in the current quarter. E.P.S. were $-4.63 for the latest four quarters through September 30 versus $-4.02 for the same period a year ago — an increase of 15%.
Recent Price Action
Hasbro Inc. (NASDAQ: HAS) stock suffered a large decline of -6.0% on 10/24/24. The stock closed at $66.10. Moreover, trading volume in this decline was exceptionally high at 270% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.7% 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 C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Hasbro has a poor Appreciation Score of 26 but a very high Power Rating of 86, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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