Hasbro, Inc. [HAS] Stock Forecast

Investors interested in stocks from the Toys - Games - Hobbies sector have probably already heard of Mattel (MAT) and Hasbro (HAS). But which of these two stocks presents investors with the better value opportunity right now?

Hasbro's (HAS) performance benefits from strategic sales-boosting initiatives and improving gaming demand. However, declining trends in segmental performances and high costs hurt prospects.

PAWTUCKET, R.I.--(BUSINESS WIRE)---- $HAS #HAS--Hasbro, Inc. (NASDAQ: HAS) announced today that the company's first quarter financial results will be released before the market open on Wednesday, April 24, 2024. Hasbro will webcast its first quarter 2024 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at ht.

It's been decades since I last played Monopoly, but the board game comes to mind when contemplating the commentary of the members of the Monetarist School. Consider the play money that comes with the game.

Dividend investors seek stocks with the highest yields, solid earnings and cash flow to support them. However, not all stocks that offer high dividends have the financial performance to sustain them, and they may have to cut the return.

Hasbro (HAS) reported earnings 30 days ago. What's next for the stock?

Concentration and a dimming outlook for earnings growth (outside of tech) in 2024 have the S&P 500 NYSEARCA: SPY set up for a correction. It may not happen soon, but signs continue to grow, with investors flooding into market leaders like NVIDIA NASDAQ: NVDA, Advanced Micro Devices NASDAQ: AMD, Amazon NASDAQ: AMZN, and Meta Platforms NASDAQ: META, and expectations for rate cuts are receding.

Barron's seventh-annual (2/26/24) ranking of Sustainable companies started with 1,000 largest publicly-traded companies by market-value, then ranked each by performance for five-key-constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. As of 3/11/24 data from YCharts, the top-10 of 76 dividend-paying sustainable companies ranged 4.37%-11.78% by annual yield and ranged 15.72%-85.22% per broker-estimated target-price-upsides.

Overall, it's certainly great for investors that we've entered the phase of the bull market in which nearly everyone is becoming much more upbeat about stocks. After all, it's obviously much easier to make money now in the market than it was last year and many times easier than was the case in 2022.

Dividend stocks are a staple of many people's portfolios. The steady quarterly or monthly income is a great piece of an overall portfolio that can help people meet key financial challenges.

Hasbro, Inc. is a US stock , located in Pawtucket of Ri and trading under the symbol HAS

18 stock analysts have 18 predictions with a medium analyst target price of $91.39. The lowest prediction is $59 and the highest is $128

With a median analyst target price of $61.33, 3 stock analysts have made 3 forecasts in last 90 days. $59 is the lowest and $64 is the greatest projection.

Hasbro, Inc. stock price is $55.59 today.

Yes, Hasbro, Inc. is a publicly traded company.