Hasbro missed earnings and revenue expectations in the fourth quarter, while cautioning of headwinds from consumer discretionary environment in 2023.
The toymaker’s adjusted earnings came in at $1.31 per share in the final three months of the year, below analysts’ expectations of $1.33 a share (FactSet survey).
Revenue dropped -17% from the year-ago quarter to $1.68 billion, vs. analysts’ estimates of $1.72 billion (FactSet survey ).
“We are capitalizing on a fantastic entertainment slate, including Dungeons & Dragons: Honor Among Thieves in March and exciting new product launches, while facing a challenging consumer discretionary environment and approximately $300 million in revenue headwinds from exited licenses, brands and markets as well as foreign exchange,” said CEO Chris Cocks.
Hasbro is expecting full-year 2023 profit of between $4.45 and $4.55 a share, below analysts’ expectation of $4.88. It is anticipating revenue decrease of low-single-digit percentage this year.
HAS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 36 cases where HAS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on March 27, 2025. You may want to consider a long position or call options on HAS as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for HAS just turned positive on April 01, 2025. Looking at past instances where HAS's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
HAS moved above its 50-day moving average on March 31, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for HAS crossed bullishly above the 50-day moving average on March 27, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HAS advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for HAS moved out of overbought territory on February 27, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HAS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for HAS entered a downward trend on April 01, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.353) is normal, around the industry mean (50.819). P/E Ratio (75.758) is within average values for comparable stocks, (56.945). Projected Growth (PEG Ratio) (0.787) is also within normal values, averaging (2.636). Dividend Yield (0.050) settles around the average of (0.053) among similar stocks. P/S Ratio (1.562) is also within normal values, averaging (5.269).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HAS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HAS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of games and toys
Industry RecreationalProducts