HAS - Hasbro, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+0.39 (+0.40%)
At close: 4:00PM EDT
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Previous Close97.93
Bid97.00 x 800
Ask98.35 x 800
Day's Range98.03 - 99.43
52 Week Range76.84 - 109.60
Avg. Volume1,154,285
Market Cap12.374B
Beta (3Y Monthly)1.26
PE Ratio (TTM)34.78
EPS (TTM)2.83
Earnings DateJul 23, 2019
Forward Dividend & Yield2.72 (2.67%)
Ex-Dividend Date2019-07-31
1y Target Est106.79
  • Mattel and Warner Bros Extend Global Licensing Agreement

    Mattel and Warner Bros Extend Global Licensing Agreement

    Mattel (MAT) announces the extension of its global licensing agreement with Warner Bros. Consumer Products.

  • Business Wire2 days ago

    Hasbro to Present at the Bernstein 35th Annual Strategic Decisions Conference

    Hasbro, Inc. (HAS) today announced that its Chairman and Chief Executive Officer, Brian Goldner, will present at the Bernstein 35th Annual Strategic Decisions Conference in New York at 2:00 p.m. Eastern time on Thursday, May 30, 2019. Please contact the conference host firm for additional details. The webcast will be available on Hasbro's Investor Relations home page at https://investor.hasbro.com.

  • Hasbro (HAS) Down 4% Since Last Earnings Report: Can It Rebound?
    Zacks2 days ago

    Hasbro (HAS) Down 4% Since Last Earnings Report: Can It Rebound?

    Hasbro (HAS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Reuters4 days ago

    Exclusive: Walmart to make first direct pitch to big corporate ad buyers at New York event

    Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world's largest retailer aims to rev up its website and stores as a platform for other companies to reach customers. The event marks Walmart's first effort to grow its nascent advertising business and heralds the retailer's rising challenge to online ad leaders Alphabet Inc's Google, Facebook Inc and Amazon.com Inc. The event, called "5260," is named after a Walmart store near the retailer's hometown of Bentonville, Arkansas, which is known for being a test lab for retail innovation, Walmart told Reuters.

  • Is Hasbro's Magic: The Gathering More Important Than Transformers?
    Motley Fool5 days ago

    Is Hasbro's Magic: The Gathering More Important Than Transformers?

    The potential for this fantasy role-playing game is only just now being realized.

  • The 6 Most Famous Failed Video Game Makers (KING, ZNGA)
    Investopedia7 days ago

    The 6 Most Famous Failed Video Game Makers (KING, ZNGA)

    The video-game industry pulls in $100 billion in revenue annually. Failed companies offer a cautionary tale.

  • Dungeons & Dragons Gets Down with D&D Live 2019: The Descent
    PR Newswire8 days ago

    Dungeons & Dragons Gets Down with D&D Live 2019: The Descent

    Watch LIVE D&D Play from Popular Performers, Intriguing Interviews, Creative Cosplay & a Fantasy-Themed Rock Concert - All Happening May 17-19 in Hollywood! LOS ANGELES , May 17, 2019 /PRNewswire/ -- Starting ...

  • Business Wire9 days ago

    Hasbro Announces Quarterly Cash Dividend on Common Shares

    Hasbro, Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.68 per common share. The dividend will be payable on August 15, 2019 to shareholders of record at the close of business on August 1, 2019.

  • Business Wire10 days ago

    Hasbro Ranks at No. 13 on CR Magazine’s Annual “100 Best Corporate Citizens” List

    Corporate Responsibility Magazine (CR Magazine) has named Hasbro, Inc. (HAS) to its 20th annual 100 Best Corporate Citizens ranking. The list recognizes the standout environmental, social and governance (ESG) performance of the 1,000 largest U.S. public companies. This is the eighth consecutive year Hasbro has ranked in the top 25, due to its commitments to climate change, environmental sustainability, human rights, diversity and inclusion, and transparency.

  • Should You Be Excited About Hasbro, Inc.'s (NASDAQ:HAS) 22% Return On Equity?
    Simply Wall St.12 days ago

    Should You Be Excited About Hasbro, Inc.'s (NASDAQ:HAS) 22% Return On Equity?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • JAKKS Pacific (JAKK) Reports Wider-Than-Expected Q1 Loss
    Zacks15 days ago

    JAKKS Pacific (JAKK) Reports Wider-Than-Expected Q1 Loss

    The Toys 'R' Us liquidation affects JAKKS Pacific's (JAKK) top line in first-quarter 2019. The company expects sales to increase nearly 5% in 2019.

  • 5 Reasons to Buy Funko After Its Post-Earnings Pop
    Motley Fool17 days ago

    5 Reasons to Buy Funko After Its Post-Earnings Pop

    This small-cap pop culture collectibles maker could still have lots of room to run.

  • Why Hasbro Stock Soared 19.8% in April
    Motley Fool17 days ago

    Why Hasbro Stock Soared 19.8% in April

    The toy and board-game leader surprised investors with a return to growth.

  • Markit18 days ago

    See what the IHS Markit Score report has to say about Hasbro Inc.

    Hasbro Inc NASDAQ/NGS:HASView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate Bearish sentimentShort interest | NeutralShort interest is moderate for HAS with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding HAS totaled $3.25 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. HAS credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GuruFocus.com22 days ago

    Hasbro Inc (HAS) Chairman & CEO Brian Goldner Sold $32.5 million of Shares

    Chairman & CEO of Hasbro Inc (NASDAQ:HAS) Brian Goldner sold 317,306 shares of HAS on 05/02/2019 at an average price of $102.55 a share.

  • American City Business Journals22 days ago

    Outstanding Voices honorees include Cone + Steiner founder, T-Mobile VP

    We're honoring 13 LGBTQ business leaders, advocates and allies for their support of diversity, equality and inclusion within the business community.

  • Disney's Pixar Could Become a New Growth Engine for Mattel
    Motley Fool23 days ago

    Disney's Pixar Could Become a New Growth Engine for Mattel

    Mattel lands licenses for Pixar’s old and new films.

  • Hasbro's Shares March Higher, Can It Continue?
    Zacks23 days ago

    Hasbro's Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in Hasbro.

  • Barrons.com24 days ago

    Mattel Adds ‘Nemo,’ ‘Incredibles’ to Its Toy Chest With Disney Deal

    Hasbro has been raking in sales from Disney’s Marvel superhero craze for years. Now Mattel is making a similar play with a deal to sell toys based on several popular Disney Pixar films.

  • History Will Repeat for Mattel Stock
    InvestorPlace24 days ago

    History Will Repeat for Mattel Stock

    Investors initially saw first-quarter earnings from Mattel (NASDAQ:MAT) as a blowout win. MAT stock gained more than 10% in after-hours trading. It opened the following day up over 8%. Yet Mattel stock would eventually close down over 1%.Source: Shutterstock Looking closer at the headline beat, investors didn't like what they saw quite as much. And it's hard not to see an echo of what happened after last year's first quarter. As I wrote at the time, Mattel stock opened the day after Q1 2018 earnings up 9%. By the end of that trading day, the gains were mostly erased. Less than eight months later, MAT stock would hit a 17-year low.To be sure, it's not guaranteed -- or even likely -- that Mattel stock will tank in 2019 as well. And there was some good news in Q1. But the toymaker still has very serious problems. These headwinds sunk MAT stock last year. This year, they're likely to at best keep a lid on the recent rally.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Mattel EarningsFrom a broad standpoint, there are two ways to look at Mattel stock. Bears see a business in long-term decline. Products like Barbie and Matchbox cars will likely see future sales decreases. That implies falling profits, potentially adding to Mattel's debt load of over $2.8 billion. * 7 Stocks to Buy That Ought to Buy Back Shares To bulls, it's an attractive turnaround play. Cost-cutting should help margins. One-time headwinds, most notably the 2017 bankruptcy of Toys "R" Us, will fade. Real value remains in the company's intellectual property. New franchises from Disney (NYSE:DIS) and other content creators will create new merchandising opportunities for Mattel and rival Hasbro (NASDAQ:HAS). And both companies are among potential buyers of Mattel for that IP, particularly if the company can drive margin improvement in coming years.Both sides probably see Mattel earnings as supporting their respective cases. Mattel revenue was much stronger than expected, dropping just 2.7% against consensus expectations for an 8% decline. Net revenue actually rose 1% in constant currency, per the Q1 release.Additionally, Barbie sales rose 13% after a 24% rise the year before. Hot Wheels revenue climbed 9%. Adjusted gross margins expanded 670 basis points to 38%. Operating loss in Q1 -- Mattel's smallest and least profitable quarter -- narrowed by nearly $150 million.However, the critics would argue it's simply not enough. Mattel still posted an adjusted operating loss over $100 million. The recall of Fisher-Price sleepers will lead to a loss of $30 million-$35 million in full-year revenue. Cost-cutting is driving the gains: management said the company achieved $610 million of annual run-rate savings.Those savings should have driven $155 million in earnings improvement in the quarter, which is basically what we saw. There's only about $40 million more to go. Theoretically, once those savings are exhausted, so too is a key tailwind for MAT earnings. What Now for Mattel Stock?So, the obvious question coming around of earnings is, what now? Mattel didn't raise full-year guidance, keeping its range at $350 million-$450 million in adjusted EBITDA. Revenue is expected to be flat. The company is planning for more savings in 2020 and beyond thanks to a new "capital light" model. But even with some help, Mattel stock remains a long way from cheap.For example, the high end of EBITDA guidance suggests minimal profits and light free cash flow. That's hardly enough to support a current $4.4 billion market capitalization. Net debt still is over 6x EBITDA, a concerning figure. As a result, Mattel's long-term bonds (due 2040 and 2041) trade at "junk" levels.In other words, Mattel still is pricing in growth from here that goes beyond cost savings alone. And even with the optimism toward Q1 sales, it remains exceedingly difficult to see from where that growth will come. Video games still are attracting more children than toys. Future licensing opportunities won't come cheap.Meanwhile, the company's handling of the Fisher-Price sleeper -- which is reportedly linked to a shocking 32 deaths -- seems questionable at best. So does the assertion from management that the recall would have no impact on the long-trusted Fisher-Price brand.Aside from the tragic human cost, the handling highlights long-running management concerns, as Bronte Capital pointed out in a scathing blog post. To summarize, Mattel spent billions buying back MAT stock, and shareholders now are paying the price. Risks to MAT StockAgain, I'm not arguing that Mattel stock will repeat recent history and lose over a third of its value. But further declines do seem likely.MAT stock isn't cheap from an earnings basis. Management concerns persist. And it's worth noting that video game companies like Electronic Arts (NASDAQ:EA) and Activision Blizzard (NASDAQ:ATVI) -- which enjoy higher demand from American kids -- are much cheaper than they were a year ago.More broadly, Mattel stock has been going in the wrong direction for years now. Sure, we've seen some sharp bounce-backs from spike lows. But MAT is fading again, as it has for years now. Not enough exists in the Q1 results, even with a consensus beat, to argue convincingly that this time will be different.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 3 Scorching Hot Bank Stocks to Consider Now * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Stocks to Buy That Ought to Buy Back Shares Compare Brokers The post History Will Repeat for Mattel Stock appeared first on InvestorPlace.

  • 7 Stocks That Are Soaring This Earnings Season
    InvestorPlace25 days ago

    7 Stocks That Are Soaring This Earnings Season

    First-quarter earnings season is now in full swing. Broadly speaking, the results have been much better than expected, and these better-than-expected numbers are providing a lift to the whole stock market.Context is important here. This was supposed to be the "bad earnings season," weighed by slowing economic growth, recession fears and a consumer slowdown. But, this earnings season hasn't been all that bad. In fact, it hasn't been bad at all. Most companies are reporting sizable revenue and earnings beats -- and delivering healthy guides, too. Stocks are rallying in response. * 7 Stocks to Buy That Ought to Buy Back Shares Which stocks have been the brightest stars this earnings season? Let's take a closer look at seven hot stocks that are flying high on strong first-quarter numbers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hot Stocks After Earnings: Facebook (FB)Source: Shutterstock Shares of digital ad giant Facebook (NASDAQ:FB) popped this earnings season after the company reported first-quarter numbers that not only topped expectations but broadly confirmed that 2018 data privacy headwinds are in the rearview mirror. It seems like Facebook is back to being good old Facebook again.The report was very good. The numbers beat everywhere. Full year 2019 guidance was also healthy, and the call had a very bullish tone. Overall, the quarter confirmed that Facebook has moved on from its biggest headwind in company history, continues to grow revenues at a 20%-plus pace, and is positioned for margin stabilization and eventual expansion soon.Meanwhile, the stock is still pretty cheap for a secular growth giant, with the forward P/E multiple hovering around 22. That is still below the forward multiple over at Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). As such, the fundamentals here are improving, and the stock remains cheap. That's a winning combination for further share price gains. Microsoft (MSFT)Source: Shutterstock Cloud computing giant Microsoft (NASDAQ:MSFT) leveraged reinvigorated cloud tailwinds to report blowout numbers this earnings season. Indeed, the numbers were so good that not only did Microsoft stock pop, but it popped into $1 trillion valuation territory for the first time ever.In a nutshell, the entire growth narrative at Microsoft is centered around the cloud. As goes the cloud, so goes Microsoft. The cloud business slowed in late 2018 against the backdrop of an economy that likewise slowed, as corporations paused spend amid concerns of a looming recession. But in early 2019, economic activity has picked back up, and corporations have resumed robust spending. As such, the cloud market came back to life and provided a big lift to Microsoft's early 2019 numbers. * 7 A-Rated Stocks That Are Under $10 The big thing here is that only 20% of enterprise workloads have migrated to the cloud. Essentially, that means the the cloud growth narrative is only 20% complete. That means that the secular growth cloud tailwinds which have propelled MSFT stock higher over the past several years will stick around for the next several years, too. Ultimately, those tailwinds should keep MSFT stock on a winning trajectory. Twitter (TWTR)Source: Shutterstock Shares of social media giant Twitter (NYSE:TWTR) soared this earnings season after the company reported strong first quarter numbers that beat across the board.There are really three big things here. One, user growth came back into the picture in the first quarter, with Twitter broadly reporting its best user growth rates in two years. Two, revenue growth remained robust against a tough lap, somewhat proving that big revenue growth is here to stay for the foreseeable future. Three, margins continued to expand, illustrating that this company's robust profit growth narrative is far from over.Overall, these three big positive developments sparked a huge post-earnings rally in Twitter stock. Ultimately, these trends persisting will push Twitter stock higher long term. But, in the near term, the valuation appears maxed out, and fundamentals and technicals both imply that it's time for the stock to take a breather. Hasbro (HAS)Source: Shutterstock As it turns out, toys aren't dead after all, and Hasbro (NASDAQ:HAS) proved that with strong first-quarter numbers that sparked a big rally in HAS stock.The quarter was very good for Hasbro. Revenue growth came in above expectations at a very healthy 6% rate. Gross margins expanded. Operating margins expanded even more. And, of most importance, the company reported a surprise profit in the quarter of 21 cents per share, when analysts were expecting a loss of 11 cents per share. * 7 Cloud Stocks to Buy Now Overall, Hasbro basically exclaimed with solid first-quarter numbers that the traditional toy market isn't dead, and that the company can perform at a high level even in the face of secular demand headwinds from the widespread proliferation of consumer tech products. If the company can continue to execute despite these headwinds, then the stock will continue to head higher. But, the valuation is rich, and execution concerns remain, so this stock also isn't without its fair share of risks here. Domino's Pizza (DPZ)Source: Shutterstock Fast-casual pizza chain Domino's Pizza (NYSE:DPZ) has been the hottest game in the pizza world for a long time, and remained so this earnings season.Despite reporting largely mixed numbers this quarter -- profits beat expectations, but revenues and comparable sales came up shy -- DPZ stock soared after the Q1 print. Why? Because the stock was priced for much worse. Last quarter, the numbers weren't so good, with comps missing by over 150 basis points. Investors were worried that the miss might be the beginning of the end of a golden era for Domino's. Thus, the stock dropped and didn't recover.Until now.First-quarter comps didn't top expectations, but they only missed by 30 basis points, and they remained broadly healthy in the 4% range. As such, investors were pleased that the surprise was less negative than before, and the stock popped. In the big picture, though, DPZ stock is now rubbing up against some valuation friction, and growth trends are slowing amid rising competition. As such, it looks like the best of the DPZ rally is behind the stock. ServiceNow (NOW)Cloud giant ServiceNow (NYSE:NOW) has been one of Wall Street's favorite stocks over the past several quarters, and that remained true this earnings season.The digitization and automation company reported a clean double-beat-and-raise first-quarter earnings report that comprised 40% subscription revenue growth (which is up from last quarter and the exact same rate from the year ago quarter), 33% large customer growth (only one point below last quarter's rate), a sky-high 98% customer renewal rate and 100 basis points of operating margin expansion. * 7 Dividend Stocks That Could Double Over the Next Five Years In other words, ServiceNow continues to prove that it's one of the best growth stocks in the market, with a sky-high revenue growth rate that simply refuses to come down, and a profitability profile that continues to improve with scale. So long as these two things remain true -- and they should given secular tailwinds in the digitization and automation market -- then NOW stock will remain on a healthy long-term uptrend. Ford (F)Source: Shutterstock Shares of beaten up automotive giant Ford (NYSE:F) popped this earnings season after the company reported much-better-than expected numbers which pave the way for 2019 to be a lot better than 2018.Broadly speaking, it was margin strength that propped up Ford this quarter. Revenues remained weak, and the company largely continued to lose market share in the quarter, but margins improved dramatically. Specifically, adjusted EBIT margins in North America expanded 90 basis points year-over-year, and the company reported adjusted EBIT growth for the first time in six quarters. Management expects this new growth trend to persist in 2019, and broadly called for 2019 results to improve across the board relative to 2018 results.Zooming out, this bounce-back in Ford is long overdue. This stock has been beaten up for a long time, and was priced for death below $10. Now, though, the stock is much more reasonably valued, and headwinds remain in terms of the EV shift and falling automotive demand. As such, further upside in the stock may ultimately be capped.As of this writing, Luke Lango was long FB, GOOG, and NOW. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 3 Scorching Hot Bank Stocks to Consider Now * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Stocks to Buy That Ought to Buy Back Shares Compare Brokers The post 7 Stocks That Are Soaring This Earnings Season appeared first on InvestorPlace.

  • Mattel Looks Like It's Back in the Game
    Motley Fool25 days ago

    Mattel Looks Like It's Back in the Game

    The toy maker finds its footing in classic brands, while a brighter future seems to await it on the big screen.

  • Dungeons & Dragons maker to open Austin office with video game veteran at helm
    American City Business Journals26 days ago

    Dungeons & Dragons maker to open Austin office with video game veteran at helm

    Wizards of the Coast, a subsidiary of Hasbro, is the company behind popular games such as Magic: The Gathering and Dungeons & Dragons. James Ohlen, the new boss here, was previously with BioWare, where he worked on celebrated video games including Baldur’s Gate, Baldur’s Gate 2 and Neverwinter Nights.