Added to YB: 2024-07-16
Pitch date: 2024-07-14
HAS [bullish]
Hasbro, Inc.
+44.5%
current return
Author Info
Stock Pitckers Journey is the retired Director and COO of the Prudent Bear Funds. Sign up for the newsletter.
Company Info
Hasbro, Inc., together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong.
Market Cap
$11.1B
Pitch Price
$56.44
Price Target
N/A
Dividend
3.54%
EV/EBITDA
13.22
P/E
-19.86
EV/Sales
3.18
Sector
Leisure Products
Category
turnaround
Lessons Learned + Hasbro?
HAS: New mgmt revitalizing. Digital focus w/ Wizards of Coast. $1B EBITDA potential, 8-10x. 4.5% yield. Rationalizing old brands, big inventory cuts. Potential for multiple expansion towards EA's 17x. Q2 earnings key. Outperforms peers like MAT. Undervalued vs. other 4-5% yielders.
Read full article (4 min)