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Hasbro, Inc. (HAS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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85.74+2.68 (+3.23%)
At close: 04:00PM EDT
84.44 -1.30 (-1.52%)
After hours: 07:39PM EDT
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  • R
    Rugged
    How many letters is this now, reminding us to save the current board's jobs? Imagine if they invested that level of energy and effort into creating value for shareholders.
  • A
    Anthony
    I don’t understand why this stock is still over 80.
  • S
    Sharbe
    Would love to see the stock break above $94.32, the 200 day moving average. That would mean the stock is entering into a bullish phase.
  • S
    Sharbe
    Love that the insiders are buying on the open market. Only means one thing. They think the stock is heaed higher.
  • F
    Freddy
    ceo bought nearly $1 million in shares on the 21st
  • S
    Sharbe
    Hasbro has had talks with several buyout firms. News out after the close.
  • S
    Sharbe
    I was wondering why they were buying all those calls the last few trading days. I should have jumped in, but have a nice position in the stock. Bacvk to $100?
  • S
    Soopa
    Earnings beat expectations... Not by huge amount, but respectably.

    Hasbro Reports Third Quarter 2020 Financial Results
    •Third quarter 2020 revenues were $1.78 billion, down 4% on a pro forma basis
    •Revenue grew 9% in the U.S. and Canada segment and 7% in the European region; revenue grew 50% in ecomm channels globally
    •eOne TV and Film revenue decline reflects entertainment delivery delays due to live-action production shutdowns and the ongoing, gradual return to production
    •Operating profit of $336.6 million or 18.9% of revenues; Net earnings of $220.9 million or $1.61 per diluted share
    •Adjusted operating profit of $367.2 million or 20.7% of revenues, an expansion of 230 basis points year-over-year
    •Adjusted net earnings of $258.9 million, or $1.88 per diluted share
    •Substantial liquidity and access to cash, including quarter ending cash of $1.13 billion and year-to-date operating cash flow of $494.3 million
  • E
    Errol
    I am surprised that the stocked reacted to the eps impact to 2020. The acq of eOne is a strategy you can best understand if you watch the episode re: Teenage Mutant Ninja Turtle on “They Toys that Made Us” available on Netflix. Having an entertainment production company is an engine for predictable and growing toy sales. Children see toys as avatars for something they can form an emotional connection and TV provides that through the story lines and character development. Ninja Turtles was an adult graphic comic, that a toy maker wanted to bring to life, but how to introduce it to children. They created the whole cartoon to sell the action figures. May have seemed organic but was engineered demand. Same with Paw Patrol today - a cartoon that is one long ad for toys. And it works. And is not a bad show, as a parent I like it, it’s better than most teaching positivity and I don’t knock it just because it’s trying to sell toys. Point is eOne is going to supercharge and make sales more predictable based on rating and market info. I bought based on the acq and am down big in a down market and I am a hold on this. Strong conviction in the model and management was trying to explain what a jewel eOne is going to make the new Hasbro. Analysts were concerned about slowing growth, not achieving as high return on investment - these questions show that they don’t understand how the landscape works and what Hasbro is planning on a holistic level.
  • T
    Turq
    With reprints of MTG cards, Hasbro is basically printing money... and not just money, but $20 and $50 bills in card-form! MTG and DND are massively recognized games, likely to grow and remain in popularity perpetually. This is an odd intersection of gambling, esports, nostalgia, fantasy... and entertainment. The characters, worlds, and stories have tremendous long-term potential. I see Hasbro's DND and MTG offerings as future Star Wars / Disney-type multigenerational entertainment.
  • n
    natashaS
    They surpassed their earnings report and showed growth from last year. This is despite lockdowns halting their typical kids movies to promote their toys.
    Bullish
  • L
    Liverdie
    Thinking about buying. Good dividend and down a lot. Good idea to buy? Seems like in recession it may be good
  • D
    Doctor
    Based on recent articles there’s a little over 6% now FOR the shakeup.
  • C
    Clay
    Hasbro news out! Good news that sale proceeds will be used to pay down debt and pay general expenses. Hasbro to focus on growth of core business. GLTA!

    Hasbro, Inc. (NASDAQ:HAS) announced today that it has entered into a definitive agreement to sell Entertainment One Music ("eOne Music") for an aggregate price of US$385 million in cash. 
  • F
    First
    I backed the truck up at $43/ share the day I saw the CEO interview on CNBC. It's now my number one holding. Great company, story, dividend, future. I'm looking for a big pop after ER. GLTA.
  • w
    wang
    haspro is a steady company with fair price and nice dividend. I'm adding more. yes.
    Bullish
  • R
    Raiyhan
    Hasbro subsidiary Wizards of the Coast is one of its greatest gems, great company.
  • D
    Doctor
    Rest In Peace Brian, you were a great CEO and you will be missed. I hope the team can make your life long dream of a entertainment giant come true.
  • L
    Lucky
    Report is out and great! Strong balance sheet
    Bullish
  • D
    Doctor
    I'll have to listen to the investor presentation at toy fair from this morning.

    This drop is bizarre with no news.
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