Hasbro (HAS) Shares...More Than Meets The Eye?
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Price: $94.49 -0.92%
Rating Summary:
17 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
17 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Shares of Hasbro (NYSE: HAS) are trading down less than 1% today, one day after the company reported Q4 earnings that topped estimates by $0.01. At first, investors sold off on the Q4 report, but the stock ended the day higher by $0.80. Today, shares have given back $0.33 (approx. 1%).
Current analyst comments include:
Barclays, which maintains an 'Equalweight' on Hasbro (NASDAQ: HAS), cut its price target cut from $40 to $36. Analyst, Felicia R. Hendrix, thinks that the overall 2011 trend (positives in Boys and Preschool vs. headwinds in Games, Puzzles and Girls) will see more pressure as comps become tougher. Hendrix did say that inventory levels are somewhat improved, but cut FY12 EPS estimate by $0.05 to $3.00 and FY13 by $0.10 to $3.25.
Canaccord Genuity was somewhat more positive, saying even Optimus Prime would be mildly impressed. Highlighting HAS's CEO comments, Canaccord felt that 2012 film releases (including G.I. Joe and toy sales tied to new Spider-Man) and possible Stretch Armstrong and Candy Land movies in the works, may offset tougher comps and headwinds in U.S. game sales. Canaccord also noted that the game and puzzle business in Asia Pacific and Europe remains robust.
For an analyst ratings summary and ratings history on Hasbro click here. For more ratings news on Hasbro click here.
Shares of Hasbro closed at $36.66 yesterday.
Current analyst comments include:
Barclays, which maintains an 'Equalweight' on Hasbro (NASDAQ: HAS), cut its price target cut from $40 to $36. Analyst, Felicia R. Hendrix, thinks that the overall 2011 trend (positives in Boys and Preschool vs. headwinds in Games, Puzzles and Girls) will see more pressure as comps become tougher. Hendrix did say that inventory levels are somewhat improved, but cut FY12 EPS estimate by $0.05 to $3.00 and FY13 by $0.10 to $3.25.
Canaccord Genuity was somewhat more positive, saying even Optimus Prime would be mildly impressed. Highlighting HAS's CEO comments, Canaccord felt that 2012 film releases (including G.I. Joe and toy sales tied to new Spider-Man) and possible Stretch Armstrong and Candy Land movies in the works, may offset tougher comps and headwinds in U.S. game sales. Canaccord also noted that the game and puzzle business in Asia Pacific and Europe remains robust.
For an analyst ratings summary and ratings history on Hasbro click here. For more ratings news on Hasbro click here.
Shares of Hasbro closed at $36.66 yesterday.
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