>
shop.seibertron.com amazon.seibertron.com Facebook Twitter X YouTube Pinterest Instagram Myspace LinkedIn Patreon Podcast RSS
This page runs on affiliate links — your clicks may earn us a few Shanix. Want the full transmission? Roll out to our Affiliate Disclosure.

Analyst Raise Hasbro's Price Target

Transformers News: Analyst Raise Hasbro's Price Target

Tuesday, March 13th, 2007 10:05PM CDT

Categories: Movie News, Toy News, Company News, Media Vault
Posted by: Hotrod   Views: 23,350

Topic Options: View Discussion · Sign in or Join to reply

Hasbro has been making a lot of financial news lately. A large part of that has to do with the upcoming Transformers Movie and the other summer block buster films. As a result, stock analyst Sean McGowan of Wedbush Morgan Securities, has raised the cost of Hasbro's price target to $32 from $29, and lifted the earnings-per-share estimates to $1.75 from $1.50 for both 2007 and 2008. To read the entire article click here.
Credit(s): Yahoo.com

News Search

Got Transformers News? Let us know here!

Re: Analyst Raise Hasbro's Price Target (52679)
Posted by Prowl76 on March 13th, 2007 @ 10:13pm CDT
So does this mean we will have to shell out more $ for new transformers?
Re: Analyst Raise Hasbro's Price Target (52680)
Posted by Hotrod on March 13th, 2007 @ 10:14pm CDT
I do not thinks so.
Re: Analyst Raise Hasbro's Price Target (52683)
Posted by 1337W422102 on March 13th, 2007 @ 10:16pm CDT
Sounds good if you own stock in Hasbro, I think.
Re: Analyst Raise Hasbro's Price Target (52822)
Posted by Dr. Caelus on March 13th, 2007 @ 10:49pm CDT
Damn, where's a business major when you need one...
Re: Analyst Raise Hasbro's Price Target (52905)
Posted by emeraldbeacon on March 14th, 2007 @ 12:57am CDT
Basically, it means this:

According to this analyst, Hasbro stock has had a price target of $29 - meaning, it should be around $29, thus buy if it's lower, sell if it's higher. That price target has been raised to $32. This means that in his opinion, Hasbro stock is $3 more valuable (per share) than it previously was, in his estimation.

As for the second number, earnings-per-share, that refers to the total projected earnings for Hasbro over a given time period (usually 1-2 years) divided by the total number of shares. Hence, Hasbro is expected to make more money per share in the future than it has in the past.

What does this mean to the general consumer? Hasbro is expected to draw in more profit in the next year or so. Perhaps that means they will use that profit wisely, invest in R&D, and provide new and exciting things to us. Perhaps it means they'll squander it on fruitless projects like "Barbie Transformers", where Barbie's new pink convertible turns into Optimus Prime.

Basically, unless you're a stockbroker, this news is mostly irrelevant. And, it should also be taken with a grain of salt... this is one accounting firm's rating for Hasbro. One of many - and not all of the firm's ratings are always positive. Most of them say Hasbro is overperforming the industry (good for now, but it makes Hasbro a poor choice for buyers), and is generally rated as "don't buy it right now. If you have it, it might be time to sell soon."
Re: Analyst Raise Hasbro's Price Target (53093)
Posted by Black Bumblebee on March 14th, 2007 @ 8:39am CDT
I know you meant it as a joke... but it would be so funny to see a Barbie car turn into Optimus Prime... (heck, Hot Rod is basically pink in the movie... and this would be a good excuse to make an Arcee toy! lol)
Re: Analyst Raise Hasbro's Price Target (53137)
Posted by Kayevcee on March 14th, 2007 @ 9:37am CDT
I would say something about Barbie being a Mattel product and Hasbro getting sued impacting on their profit projections, but I won't bother.

I'm not surprised Hasbro's stock is being revalued higher. They're expected to have two highly successful (Spider-man III and TF) and two moderately successful (Ghost Rider and FF2) films coming out this year based on licenses they make toys for, and in the case of TF a license they own outright. Off the back of that alone they're looking at serious cash, without the Star Wars 30th anniversary stuff, MLP and their wide range of board games factored in.

-Nick

[ Incoming message. Source unknown. ] No Signal - Please Stand By [ Click to attempt signal recovery... ]


Transformers and More @ The Seibertron Store

Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #2 Cvr A Dynamite Comics 2021 APR211058 2A (CA) Conner"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #2 incv 1:15 Dynamite Comics 2021 APR211064 (CA) Conner"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #4 Cvr K Dynamite Comics 2021 4K 210914F (CA) Conner"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #5 Cvr I 1:25 Dynamite Comics 2021 JUL210983 5I (CA)Linsner"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #10 Cvr H 1:20 Dynamite Comics 2022 JAN220628 10H"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #9 Cvr C Dynamite Comics 2022 DEC210644 9C (CA) Celina"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "WALKING DEAD DLX #117 Cvr C Image Comics 2025 0525IM458 117C (CA) Wagner"
NEW!
WALKING DEAD DLX # ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #3 Cvr L 1:50 Dynamite Comics 2021 MAY210878 3L (CA)Linsner"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #8 Cvr G 1:15 Dynamite Comics 2022 NOV210586 8G (CA) Conner"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #9 Cvr M LTD Dynamite Comics 2022 DEC210654 9M (CA) Celina"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "WALKING DEAD DLX #117 Cvr A Image Comics 2025 0525IM456 117A (CA) Finch + McCaig"
NEW!
WALKING DEAD DLX # ...
Visit shop.seibertron.com to buy "WALKING DEAD DLX #117 Cvr B Image Comics 2025 0525IM457 117B (CA) Adlard +McCaig"
NEW!
WALKING DEAD DLX # ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #8 Cvr N FOC TMNT Dynamite Comics 2022 JAN228339 8N"
NEW!
INVINCIBLE RED SON ...
Visit shop.seibertron.com to buy "INVINCIBLE RED SONJA #2 incv 1:25 Dynamite Comics 2021 APR211066 (CA) Linsner"
NEW!
INVINCIBLE RED SON ...
These are affiliate links. We may earn a commission.
Details subject to change. See listing for latest price and availability.

Featured Products on Amazon.com

Buy "Transformers: Bumblebee -- Energon Igniters Nitro Series Barricade" on AMAZON
Buy "Transformers Authentics Bumblebee" on AMAZON
Buy "Transformers: Bumblebee Movie Toys, Energon Igniters Nitro Bumblebee Action Figure - Included Core Powers Driving Action - Toys for Kids 6 and Up, 7-inch" on AMAZON
Buy "Transformers: Bumblebee -- Energon Igniters Nitro Series Optimus Prime" on AMAZON
Buy "Transformers Generations Titans Return Deluxe Twin Twist and Flameout" on AMAZON
Buy "Transformers Generations Titans Return Deluxe Misfire and Aimless" on AMAZON
Buy "Transformers Studio Series 07 Leader Class Movie 4 Grimlock" on AMAZON
Buy "Cyberverse Warrior Class Acid Storm" on AMAZON
Buy "Transformers Generations Deluxe Titans Return Autobots Throttle and Breakaway Action Figure" on AMAZON
Buy "Potato Head Transformers Mixable Mashable Heroes as Optimus Prime and Grimlock Figures" on AMAZON
Buy "Transformers Generations Voyager Class Roadbuster Figure" on AMAZON
Buy "Transformers RID Combiner Force Warriors Class Starscream" on AMAZON
These are affiliate links. We may earn a commission.
Details subject to change. See listing for latest price and availability.