Why Hasbro, Inc. (NASDAQ:HAS) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $88.00 on Hasbro, Inc. (NASDAQ:HAS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $4.04 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Hasbro, Inc. (NASDAQ:HAS) stands at 21.73.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Hasbro, Inc., the PEG ratio for coming 3-5 years is 1.63.

Technical Analysis

The technical analysis highlights that Hasbro, Inc. current is trading $1.49 points away or +1.83% from its 50-day moving average of $81.42. Further it is trading $0.83 or +1.02% away its 200-day moving average of $82.08.

The 52-week high of Hasbro, Inc. (NASDAQ:HAS) was $88.53 while lowest point recorded in 52-week was $64.91. It implies if stock price makes a movement of over $-5.62, it will record a new 52-week high. In the case of +27.73% drop, it will touch a new 52-week low.

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