HasbroHAS
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 18 million digital tabletop players.
Employees: 5,502
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
24% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 83
18% more call options, than puts
Call options by funds: $196M | Put options by funds: $166M
4% more funds holding
Funds holding: 554 [Q1] → 574 (+20) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 200
4% less capital invested
Capital invested by funds: $7.3B [Q1] → $7B (-$293M) [Q2]
7.03% less ownership
Funds ownership: 93.03% [Q1] → 86.0% (-7.03%) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B of A Securities Jason Haas 76% 1-year accuracy 16 / 21 met price target | 32%upside $95 | Buy Maintained | 15 Oct 2024 |
Stifel Drew Crum 47% 1-year accuracy 16 / 34 met price target | 14%upside $82 | Buy Maintained | 8 Oct 2024 |
Jefferies Stephanie Wissink 50% 1-year accuracy 2 / 4 met price target | 16%upside $83 | Buy Maintained | 1 Oct 2024 |
B of A Securities Jason Haas 76% 1-year accuracy 16 / 21 met price target | 25%upside $90 | Buy Maintained | 16 Sept 2024 |
Morgan Stanley Megan Alexander 86% 1-year accuracy 12 / 14 met price target | 10%upside $79 | Overweight Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 14 articles about HAS published over the past 30 days