Hasbro (HAS)

• Market cap: $7.9B
• 1 day: -1.36%
• 5 days: -0.72%
• 1 month: -6.91%
• 3 months: -20.89%
• 6 months: -4.86%
• Year to date: 0.34%
• 1 year: 20.19%
• 5 years: -46.20%
• 10 years: 8.47%
• Sector: Consumer Discretionary
• Industry: Games, Toys & Children’s Vehicles, Except Dolls & Bicycles

About: Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities has helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and since has pruned noncore lines from the tie-up. Furthermore, the addition of Dungeons & Dragons Beyond in 2022, offers the firm access to 19 million digital tabletop players.

Employees: 5,502

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

37% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 60

13% more capital invested

Capital invested by funds: $7.4B [Q2] → $8.36B (+$962M) [Q3]

3% more funds holding

Funds holding: 578 [Q2] → 594 (+16) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 205 | Existing positions reduced: 210

7.15% less ownership

Funds ownership: 90.83% [Q2] → 83.68% (-7.15%) [Q3]

14% less call options, than puts

Call options by funds: $170M | Put options by funds: $197M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $73 29% upside
• Avg. target: $83 47% upside
• High target: $95 68% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Stifel Drew Crum 41% 1-year accuracy 13 / 32 met price target	36% upside $77	Buy Maintained	3 Jan 2025
DA Davidson Linda Bolton Weiser 32% 1-year accuracy 34 / 105 met price target	29% upside $73	Neutral Maintained	25 Oct 2024
JP Morgan Christopher Horvers 53% 1-year accuracy 16 / 30 met price target	40% upside $79	Overweight Maintained	25 Oct 2024
Morgan Stanley Megan Alexander 45% 1-year accuracy 5 / 11 met price target	62% upside $92	Overweight Maintained	25 Oct 2024
B of A Securities Alexander Perry 25% 1-year accuracy 2 / 8 met price target	68% upside $95	Buy Maintained	15 Oct 2024