Added to YB: 2024-07-16
Pitch date: 2024-07-14
HAS [bullish]
Hasbro, Inc.
+60.71%
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. operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong.
Market Cap
$13.3B
Pitch Price
$56.05
Price Target
N/A
Dividend
2.98%
EV/EBITDA
12.45
P/E
-59.32
EV/Sales
3.29
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)