Sunday, February 26, 2017

Dividend Stock Buzz: Hasbro, Inc. (HAS)

Hasbro, Inc. (NASDAQ:HAS) share price jumped at US$ 98.98 before falling back to end the trade at US$ 97.05 a share. The dividend stock is -2.3% off a 52-week high stock price of US$ 99.33 but is up 35.32% since hitting the US$ 75.14. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 22.35.

After a -1.79% fall from previous close of US$ 98.82, Hasbro, Inc. (HAS) has a US$ 12.01 Billion market cap. The company pays a US$ 0.57-cent-per-share quarterly dividend, giving it a 2.35% yield. That brings its full year payout to US$ 2.28 and 45.2% annual payout ratio based on EPS. According to FT, Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 5.07% and 14.38%, respectively. The positive trend in dividend payments is noteworthy since very few companies in the Business Services industry pay a dividend. Additionally when measured on a five year annualized basis, dividend per share growth is below the industry average relative to its peers, while earnings per share growth is in-line with the industry average.

The HAS has soared 25.53% year-to-date. The equity has gained steam in recent weeks, with shares up about 14.04% in the past three months. It added -0.81%, climbed 14.28% and jumped 19.62% in the week, one month and six months, respectively. Revenue growth rate was recorded at 3.2% and net income per share was seen moving at a 9% rate in the past five years.

Hasbro, Inc. (NASDAQ:HAS) is over -4% below analysts’ consensus price target of US$ 95.5. The stock has blown through analysts’ low price target of US$ 90, but is still below the high US$ 110 target. On a price appreciation basis over the past 12 months, the stock returned 31.3%.

Financial Times data shows, In 2016, Hays PLC reported a dividend of 0.03 GBP, which represents a 5.07% increase over last year. The 20 analysts covering the company expect dividends of 0.04 GBP for the upcoming fiscal year, an increase of 44.83%. The most recent short interest data show 6.08% of the company’s stock are short sold. It would take about 3.85 days to cover all short positions. In terms of volatility, it has a beta coefficient of 0.86 and technical analysis volatility indicator called Average True Range or ATR around 1.86.

Hasbro, Inc. (NASDAQ:HAS) closed 17.31% above its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is 13.35% above another chart threshold, its 50-day moving average and 5.99% above its 20-day simple moving average.

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Dividend Stock Buzz: Hasbro, Inc. (HAS)

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