Hasbro, Inc. (HAS) Can’t Be More Risky. Just Reaches 1 Year Low

March 14, 2018 - By Dolores Ford

Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.12, from 1.22 in 2017Q2. It dropped, as 57 investors sold Hasbro, Inc. shares while 164 reduced holdings. 65 funds opened positions while 178 raised stakes. 97.25 million shares or 1.67% more from 95.65 million shares in 2017Q2 were reported.
Sg Americas Secs Lc holds 0.01% in Hasbro, Inc. (NASDAQ:HAS) or 16,894 shares. Fort Washington Advisors Oh holds 0.02% or 16,105 shares in its portfolio. Cypress Capital Gp reported 5,500 shares stake. Thrivent Fincl For Lutherans holds 0% in Hasbro, Inc. (NASDAQ:HAS) or 4,620 shares. 75,874 are held by Stifel Corporation. Aqr Cap Mgmt Ltd holds 0.02% or 161,718 shares in its portfolio. Twin Mgmt owns 0.13% invested in Hasbro, Inc. (NASDAQ:HAS) for 26,270 shares. Alliancebernstein Lp holds 0.04% of its portfolio in Hasbro, Inc. (NASDAQ:HAS) for 545,261 shares. Monetary Mngmt Grp Inc owns 200 shares. Atria Investments Limited Liability has invested 0.03% in Hasbro, Inc. (NASDAQ:HAS). Plante Moran Advisors Ltd Llc stated it has 108 shares. Johnson Fin Grp Inc Incorporated Inc holds 0.04% or 2,819 shares in its portfolio. Chevy Chase Tru holds 99,274 shares or 0.04% of its portfolio. Farr Miller & Washington Ltd Company Dc reported 2,865 shares. Arizona State Retirement System owns 78,931 shares.

Since February 20, 2018, it had 0 insider buys, and 12 insider sales for $42.72 million activity. Davis Stephen J sold 11,206 shares worth $1.08 million. 3,955 shares were sold by Tinga Wiebe, worth $384,382 on Thursday, February 22. Frascotti John sold $4.62M worth of stock or 47,024 shares. $2.00 million worth of Hasbro, Inc. (NASDAQ:HAS) was sold by Finigan Barbara on Friday, February 23. 4,704 Hasbro, Inc. (NASDAQ:HAS) shares with value of $460,427 were sold by Johnson Dolph. $866,321 worth of Hasbro, Inc. (NASDAQ:HAS) was sold by Courtney Thomas J Jr. on Wednesday, February 28.

The stock of Hasbro, Inc. (NASDAQ:HAS) hit a new 52-week low and has $86.30 target or 3.00 % below today’s $88.97 share price. The 9 months bearish chart indicates high risk for the $11.05B company. The 1-year low was reported on Mar, 14 by Barchart.com. If the $86.30 price target is reached, the company will be worth $331.41M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 0.43% or $0.385 during the last trading session, reaching $88.965. About 969,301 shares traded. Hasbro, Inc. (NASDAQ:HAS) has risen 19.06% since March 14, 2017 and is uptrending. It has outperformed by 2.36% the S&P500.

Analysts await Hasbro, Inc. (NASDAQ:HAS) to report earnings on April, 23. They expect $0.40 earnings per share, down 6.98 % or $0.03 from last year’s $0.43 per share. HAS’s profit will be $49.67M for 55.60 P/E if the $0.40 EPS becomes a reality. After $2.30 actual earnings per share reported by Hasbro, Inc. for the previous quarter, Wall Street now forecasts -82.61 % negative EPS growth.

Hasbro, Inc. (NASDAQ:HAS) Ratings Coverage

Among 21 analysts covering Hasbro Inc. (NASDAQ:HAS), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. Hasbro Inc. had 65 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, July 13 by Stifel Nicolaus. As per Tuesday, July 21, the company rating was downgraded by Wells Fargo. The stock has “Buy” rating by Jefferies on Thursday, July 20. The rating was initiated by JP Morgan with “Neutral” on Thursday, April 7. The firm has “Overweight” rating given on Thursday, February 8 by KeyBanc Capital Markets. Stifel Nicolaus maintained Hasbro, Inc. (NASDAQ:HAS) on Tuesday, January 30 with “Hold” rating. The stock has “Neutral” rating by PiperJaffray on Monday, November 28. The rating was maintained by M Partners with “Neutral” on Tuesday, October 13. The company was initiated on Friday, December 4 by Jefferies. Piper Jaffray downgraded it to “Neutral” rating and $85 target in Tuesday, July 21 report.

More notable recent Hasbro, Inc. (NASDAQ:HAS) news were published by: Businesswire.com which released: “Let It Rip! at the 2018 BEYBLADE Burst World Championship” on March 13, 2018, also Finance.Yahoo.com with their article: “Hasbro, Inc. (HAS) Stock Rides the ‘Black Panther’ Wave” published on March 13, 2018, Usnews.com published: “Hasbro Stock Rides the ‘Black Panther’ Wave” on March 12, 2018. More interesting news about Hasbro, Inc. (NASDAQ:HAS) were released by: Seekingalpha.com and their article: “Toys ‘R’ Us prepares plan to liquidate” published on March 14, 2018 as well as Marketwatch.com‘s news article titled: “Mattel, Hasbro stocks sink after report of Toys ‘R’ Us store liquidation plans” with publication date: March 09, 2018.

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company has market cap of $11.05 billion. The firm operates through U.S. and Canada, International, and Entertainment and Licensing. It has a 28.51 P/E ratio. The U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

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