Hasbro, Inc (NASDAQ:HAS) shares, rose in value on Friday, January 24, with the stock price down by -0.21% to the previous day’s close as strong demand from buyers drove the stock to $57.42.
Actively observing the price movement in the last trading, the stock closed the session at $57.54, falling within a range of $57.21 and $57.82. The value of beta (5-year monthly) was 0.619. Referring to stock’s 52-week performance, its high was $73.46, and the low was $46.09. On the whole, HAS has fluctuated by -0.28% over the past month.
With the market capitalization of Hasbro, Inc currently standing at about $8.01 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.80, with its dividend yield at 4.88%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.06B, with a low estimate of 998.61M and a high estimate of 1.05B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.02B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HAS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of HAS currently trading nearly 0.80% and -5.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.91, while the 7-day volatility ratio is showing 1.64% which for the 30-day chart, stands at 2.00%. Furthermore, Hasbro, Inc (HAS)’s beta value is 0.63, and its average true range (ATR) is 1.26.
A comparison of Hasbro, Inc (HAS) with its peers suggests the former has fared considerably weaker in the market. HAS showed an intraday change of -0.21% in last session, and over the past year, it grew by 18.86%%.
Data on historical trading for Hasbro, Inc (NASDAQ:HAS) indicates that the trading volumes over the past 10 days have averaged 1.22 and over the past 3 months, they’ve averaged 1.59 million. According to company’s latest data on outstanding shares, there are 139.49 million shares outstanding.
Nearly 5.96% of Hasbro, Inc’s shares belong to company insiders and institutional investors own 86.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.48 million shares as on 2024-12-31, resulting in a short ratio of 2.59. According to the data, the short interest in Hasbro, Inc (HAS) stood at 473.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 4.41 million. The stock has risen by 2.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HAS stock heading into the next quarter.
