14.19 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||14.04 x 36900|
|Ask||14.51 x 1100|
|Day's Range||14.06 - 14.77|
|52 Week Range||12.21 - 19.21|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.35|
YTD (year-to-date), Hasbro (HAS) stock has risen 8.2% to $98.31 as of October 12. In comparison, Mattel (MAT) and Jakks Pacific (JAKK) stocks have fallen 6.8% and 0.4%, respectively. Hasbro has been developing product lines inspired by recent movies, including Deadpool Venom and the upcoming Spider-Man: Into the Spider-Verse.
As of October 12, Hasbro (HAS) was rated a “buy” by 63% of the 16 analysts covering the stock. There has been just one change to Hasbro’s price target in the last 15 days. The 12-month average target price for Hasbro stock is $110.36, which reflects a 12.3% upside as of October 12.
Hasbro (HAS) is slated to announce its third-quarter results on October 22. Wall Street expects adjusted EPS of $2.24, reflecting a growth of 7.2% YoY (year-over-year). A lower tax rate should cushion its bottom line. Hasbro’s management hasn’t provided any outlook for the third quarter.
- Mr. Laursen held a variety of leadership roles at The LEGO Group for more than 25 years, including serving as President of LEGO Systems for over a decade, and was most recently CEO of TOP-TOY, the largest ...
Mattel CEO Ynon Kreiz is hoping that a foray into movies and television will revitalize the struggling toy company.
EL SEGUNDO, Calif., Oct. 9, 2018 /PRNewswire/ -- (MAT) – Today, Barbie® announces the Dream Gap Project, a multi-year global initiative to raise awareness around limiting factors that prevent girls from reaching their full potential. Girls' belief in themselves is impacted by these limiting factors, so Barbie is dedicated to funding research, highlighting positive role models and rallying a community around supporting girls through The Dream Gap Project.
The singer, in an Instagram post, took the unusual step of endorsing the Democratic candidate for the U.S. Senate in her home state of Tennessee.
According to toy checks Stifel analysts conducted during the calendar-year third quarter, Hasbro Inc. and MGA Entertainment, a privately-held toy company, were the "clear winners." Hasbro got a boost from Jenga, Monopoly and Play Doh, while MGA's LOL Surprise, a line of collectible dolls, was popular. Lego also performed better than previous periods, according to analysts led by Drew Crum. Mattel Inc. was mixed, with bestsellers Polly Pocket and Barbie, but declines in China. In a Mattel note, Stifel also says the company is feeling a "lingering (albeit waning) impact from the Toys 'R' Us liquidation, partially offset by expected progress through the company's 'structural simplification' initiatives." Stifel rates Mattel stock hold with a $15.50 price target. Analysts rate Hasbro shares hold but raised its price target to $106 from $100. Stifel estimates that online toy sales are growing, totaling the mid-20% range in the U.S. at the end of 2017, up from NPD Group data showing 18% online sales in 2014. Hasbro shares have gained 11.6% for the year to date while Mattel stock has lost 5.6% for the period. The S&P 500 index is up 8.5% for 2018 so far.
Despite the departures of six high-profile women CEOs in 2018, there are now a record number leading some of the country's top companies, according to a new Conference Board report. This year, there are 27 women working as CEOs, the highest level recorded by the Conference Board, up one from 26 in 2017. Among Fortune 500 companies, the number of women CEOs has fallen by 25 percent to 24 after reaching an all-time high of 32 in 2017, Fortune reported.
EL SEGUNDO, Calif. , Oct. 4, 2018 /PRNewswire/ -- Mattel, Inc. (NASDAQ: MAT) today announced that it plans to release its third quarter 2018 financial results on Thursday, October 25, 2018 , at approximately ...
There may be a second act for Toys R Us, the retail wonderland for children that turned out the lights at hundreds of stores for what was thought to be the final time over the summer. The group, made up of secured lenders, said in a bankruptcy court filing Tuesday that it's scrapping an auction for Toys R Us assets despite receiving a number of qualified bids.
The leading provider of family-friendly entertainment and a struggling toy-making icon go head to head in a battle for your portfolio's playtime.
Amid an industry, plagued with soft demand and headwinds from Toys "R" Us liquidation, Hasbro (HAS) has greater chances of thriving on various innovative strategies compared with Mattel (MAT).
The U.S. administration will begin to levy new tariffs of 10 percent on about $200 billion of Chinese products on Sept. 24, with the tariffs to go up to 25 percent by the end of 2018. The following are comments made by U.S. companies after the Trump administration said on July 10 https://reut.rs/2m6Yu0r that it would slap tariffs on $200 billion of Chinese imports. ** Walmart Inc (WMT.N) warned that it may raise prices of products if the Trump administration imposes a tariff on Chinese imports.
This means that investors who seek to profit from falling equity prices are currently targeting MAT. Over the last month, growth of ETFs holding MAT is favorable, with net inflows of $30.85 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
While Toys R Us' bankruptcy helped fuel sales growth in the toy industry in the first half of the year, it won't do much to move the needle in the second half. Toy sales in July and August were down in the high-single digits, with September continuing that downward trend. Nostalgia over the loss of Toys R Us may have boosted toy sales in the beginning of the year, but it might not be enough to fuel holiday sales.
EL SEGUNDO, Calif., Sept. 18, 2018 /PRNewswire/ -- Today, Mattel, Inc. (MAT) announced its first-ever Global Day of Play, a companywide, global community service initiative that aims to bring the power of play to children around the world. More than 1,000 Mattel employees across offices in North America, Asia Pacific, Europe and Latin America will participate, directly supporting 27 non-profit organizations and impacting more than 5,500 children around the world. Kicking off at the company's El Segundo headquarters today, Mattel employees will gather to build play houses for families supported by Habitat for Humanity and, in partnership with Save the Children, volunteers will assemble hundreds of "play kits" – backpacks full of toys, games and activities – which will be distributed to kids impacted by devastating emergencies, such as Hurricane Florence.
Wall Street grew a bit concerned in some quarters as rising wages prompted inflation fears. Elsewhere, key man risk took its toll on the stocks of a couple of major companies.
With the aim of reviving sales and building solid business that is capable of driving future capacities, Mattel (MAT) makes efforts to enhance its board.
Mattel CEO Ynon Kreiz sits down with CNBC's Julia Boorstin at the Vanity Fair Summit to discuss the company's new film unit, the toy industry, the tariff impact on the industry and how they plan to reestablish Mattel as a toy company.