Hasbro Inc (HAS) Stock AnalysisHASHasbro Inc

Hasbro, Inc. is a game, intellectual property (IP) and toy company. The Company delivers play experiences to kids, families, and fans around the world, through physical and digital games, video games, and toys, among others. Its Consumer Products segment engages in the sourcing, marketing and sales of toy and game products around the world. Its Wizards of the Coast and Digital Gaming segment engages in the promotion of the Company's brands through the development of trading cards, role-playing and digital game experiences based on Hasbro and Wizards of the Coast games. Its Entertainment segment engages in the development and production of Hasbro-branded entertainment content, including film, television, children’s programming, digital content and live entertainment focused on Hasbro-owned properties. Its portfolio of brands includes MAGIC: THE GATHERING, DUNGEONS & DRAGONS, MONOPOLY, HASBRO GAMES, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner brands. It operates in the Consumer Cyclicals sector (GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICY industry).

Hasbro Inc is a good buy right now due to its current price of $98.76 being below the average analyst price target of $103.50, indicating potential upside. Additionally, the stock has a strong forward P/E ratio of 13.48, suggesting it is undervalued compared to its earnings potential. The RSI of 84.53 indicates the stock is overbought, which may be a risk for short-term investors, but the overall growth trend and positive earnings forecast of $1.86 for Q3 supports a long-term investment strategy.

14 analysts cover HAS: 7 rate it Buy, 7 Hold and 0 Sell. The average price target is 95.71.