|Bid||93.50 x 1200|
|Ask||100.00 x 800|
|Day's Range||98.12 - 99.13|
|52 Week Range||79.00 - 107.58|
|PE Ratio (TTM)||59.86|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||2.52 (2.58%)|
|1y Target Est||109.79|
There are plenty of reasons to like the leading toy maker, and one analyst believes the long-term outlook is especially bright.
Discover • DFS-NYSE Buy• Price $75.71 on Aug. 14 by Sandler O’Neill & Partners This morning, Discover filed an 8-K with July metrics for its total credit-card portfolio (this is more comprehensive than the master trust subset). Note that total loan growth is broader than credit card [growth] as it includes credit card, private student, and personal loans. Credit-card loans make up roughly 80% of total loans.
Shares of Hasbro (HAS) have outperformed the market this year, and MKM Partners thinks the stock can keep winning. Where we were: While Hasbro and fellow toymaker Mattel (MAT) took a hit following the Toys 'R' Us bankruptcy, Hasbro has come back strong in 2018. Where we're headed: MKM Partners argues that the shares have a strong 2019 ahead.
While 2018 has proven a difficult year for the toy industry , Hasbro, Inc. (NASDAQ: HAS ) is well-positioned for a material fundamental recovery over the coming years, according to MKM Partners. The ...
Haven’t heard of Funko (NASDAQ:FNKO) before? Plenty of readers are coming by InvestorPlace just trying to figure out what the heck this company is and why FNKO stock is up 213% this year and more than 50% in the past month. Revenue of roughly $139 million grew 32% year-over-year and beat estimates by more than $16 million (13% above estimates).
Red-hot toymaker Funko (NASDAQ:FNKO) is set to report second-quarter earnings after the bell on Thursday, August 9, and I think the numbers will be pretty good. FNKO stock should be able to rally on those numbers considering the recent momentum in the stock, as well as the fact that the company has multiple growth catalysts yet to materialize in the back-half of 2018. Also, FNKO stock has jumped from under $10 to nearly $20 since the last earnings report. All together, there is little doubt that Funko’s Q2 numbers will be really good.
Funko (NASDAQ:FNKO) had a rough ride following its November initial public offering. Now, however, FNKO stock is on a tear after striking a couple key licensing deals. It seems Wall Street just doesn’t have a feel for the finer points of pop culture.
Companies that discuss President Donald Trump – either positively or negatively – are far more likely to win backlash for their brands than find support from customers.
Hasbro, Inc. (HAS) today announced the Board of Directors has extended the employment agreement of Hasbro’s Chairman and CEO, Brian Goldner, two additional years through December 31, 2022. In addition, John Frascotti’s duties were expanded to add Chief Operating Officer to his current role as Company President and Mr. Frascotti was appointed to Hasbro’s Board of Directors.
Things are looking up for the toy industry as parents and grandparents, sad over the bankruptcy of Toys R Us, fueled massive sales in the first half of the year.
Toy sales are up 7% to $7.9 billion for the first half of 2018, benefiting from the Toys 'R'Us liquidation, according to the latest data from The NPD Group. "I am also convinced that the strong toy industry growth so far this year has been at least partially supported by the empathy that people felt towards losing a store like Toys 'R' Us," said Juli Lennett, senior vice president and industry advisor for toys at NPD.
Hasbro, Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.63 per common share. The dividend will be payable on November 15, 2018 to shareholders of record at the close of business on November 1, 2018.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 30. Index (PMI) data, output in the Consumer Goods sector is rising.
If you want access to our free earnings report on Hasbro, Inc. (NASDAQ: HAS), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=HAS. The Company reported its second quarter fiscal 2018 operating and financial results on July 23, 2018. The toy Company's revenues and earnings declined on a y-o-y basis, primarily impacted by the liquidation of Toys“R”Us.
As of July 26, Mattel’s (MAT) stock price had fallen 4.2% since reporting its second-quarter results on July 25. The company continues to suffer from the aftereffects of the Toys “R” Us liquidation. Mattel also hasn’t seen any respite in the weakness that has plagued the sales of its American Girl, Fisher-Price, Thomas & Friends, and Toy Box owned and partner brands.
Employers say they are abandoning preferences for college degrees and specific skill sets to speed up hiring and broaden the pool of job candidates. Many companies added requirements to job postings after the recession, when millions were out of work and human-resources departments were stacked with résumés. Across incomes and industries, the lower bar to getting hired is helping self-taught programmers attain software engineering roles at Intel Corp. and GitHub Inc., the coding platform, and improving the odds for high-school graduates who aspire to be branch managers at Bank of America Corp. and Terminix pest control.
With 40% of S&P 500 companies reporting earnings and continued fallout from the Trump administration’s saber-rattling on trade, it was bound to be an eventful week. Shares of Whirlpool Corp. and General Motors Co. fell after rising materials costs caused both companies to miss earnings forecasts and lower their guidance for the rest of the year. Harley-Davidson Inc. and Coca-Cola Inc., however, notched gains after announcing proactive measures to offset pricier aluminum and steel.
Its recent earnings report surprised to the upside and it does have a great collection of classic brands. Toy sales are also declining due to the rise in computer and mobile gaming. Until this all shakes out, it’s best to avoid even the best of the old-school toy companies.
Currently, analysts’ 12-month average target price for MAT stock is $15.46, which reflects a 0.9% downside to its stock price on July 26. In comparison, 53% of the 15 analysts covering Hasbro (HAS) have recommended “buys” on its stock, while 40% have rated it as a “hold.” Following its earnings announcement on July 23, several analysts, including BMO and D.A. Davidson, raised their price targets for HAS.
Mattel (MAT) reported its second-quarter results on July 25. On a reported basis, its EPS fell to -$0.70, over four times lower than its EPS of -$0.16 in the corresponding quarter last year. Lower sales and reduced profit margins, along with a provision for taxes of $6.9 million, marred the company’s bottom line numbers.