<p>儘管近期面臨挑戰，玩具和娛樂公司孩之寶（HAS）正在積極進行重大戰略轉變，並獲得可觀回報。公司向數字遊戲和娛樂領域轉型推動了增長，2024 年第三季度收益超出預期，這歸因於業務結構改善和成本降低。股價今年迄今上漲超過 34%，提供誘人的 4.5% 股息率。隨着持續的數字創新和將經典棋盤遊戲轉化為引人入勝的在線體驗的潛力，數字遊戲領域的未來前景看好，使得該股對以收入為導向的投資者而言成為一個吸引人的選擇。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/10/HAS-Stock-Chart-10-27-24-1024x585.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/10/HAS-Stock-Chart-10-27-24-1024x585.png"/></p>
<h2><strong>孩之寶的娛樂帝國</strong></h2>
<p>孩之寶是一家跨國玩具和遊戲公司，通過四個部門運營：消費品、海岸巫師與數字遊戲、娛樂以及其他部門。</p>
<p>消費品部門負責採購、營銷和銷售玩具和遊戲產品。海岸巫師與數字遊戲部門通過交易卡、角色扮演遊戲和數字遊戲體驗推廣其品牌。另一方面，娛樂部門開發、製作和銷售各種娛樂內容，如電影、電視、兒童節目、數字內容和現場娛樂。</p>
<p>產品銷售給各種零售商、分銷商、批發商和折扣店，以及通過幾個電子商務網站直接銷售給客户，品牌包括《魔法風雲》、孩之寶遊戲、橡皮泥、變形金剛、龍與地下城和小豬佩奇等。</p>
<h2><strong>孩之寶最近的財務業績</strong></h2>
<p>公司最近公佈了第三季度的業績。12.8 億美元的收入標誌着同比下降 15%，低於分析師預期的 2000 萬美元。儘管收入下降，公司在遊戲和許可領域的強勁表現突顯了其高利潤潛力。相比之下，數字化和許可增強以及產品創新等關鍵策略的積極結果表明公司在朝着運營扭虧為盈取得進展，預示着盈利能力和現金流的改善。運營利潤為 3.02 億美元，利潤率為 23.6%，非通用會計準則下的每股收益為 1.73 美元，超出預期 0.44 美元。</p>
<p>第三季度，公司向股東分配了 9800 萬美元的現金股利。此外，董事會宣佈每普通股 0.70 美元的現金股息，相當於 3.18% 的股息率。將於 2024 年 12 月 4 日支付。</p>
<p>孩之寶管理層已發佈了 2024 年的指引，預計消費品部門收入將下降 12-14%，調整後的營業利潤率為 4-6%。海岸巫師與數字遊戲部門預計保持穩定或略微下降 1%，營業利潤率約為 42%。預計 Pro-Forma 娛樂部門收入將減少 1500 萬美元，調整後的營業利潤率為 60%。公司全年的調整後息税折舊及攤銷前利潤預計在 9.75 億美元至 10.25 億美元之間。公司旨在在 2025 年底前實現 7.5 億美元的毛利節省。</p>
<h2><strong>HAS 股票的目標價格是多少？</strong></h2>
<p>股價一直呈上升趨勢，在過去一年中上漲超過 55%。它交易在 52 周價格範圍的高端，介於 42.66 美元至 73.46 美元之間，儘管它顯示出負面的價格動能，低於 20 日（70.52）和 50 日（69.14）移動平均線。以 2.15 倍的市銷率交易，與休閒行業平均值 1.8 倍相比，它略高。</p>
<p>跟蹤該公司的分析師大多對 HAS 股票持樂觀態度。例如，DA Davidson 將其股價目標從 59 美元提高到 73 美元，同時保持中性評級。另一方面，摩根大通將孩之寶的股價目標從 82 美元降至 79 美元，但仍保持超配評級。</p>
<p>根據十位分析師的最新推薦，孩之寶整體評級為強熱門。HAS 股票的平均目標價格為 82.50 美元，相較當前水平有 24.21% 的潛在上漲空間。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/10/image-673.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/10/image-673.png"/></p>
<p><strong>查看更多 HAS 分析師評級</strong></p>
<h2><strong>HAS 回顧</strong></h2>
<p>孩之寶通過戰略性轉向數字遊戲和娛樂展示了適應能力，取得了可觀回報。公司繼續在數字領域創新，探索將經典棋盤遊戲數字化的方式，這一舉措具有良好的前景。儘管同比收入下降 15%，孩之寶在遊戲和許可方面的強勁表現突顯了公司的高利潤潛力。</p>
<p>管理層的 2024 年預測表明各部門預計收入將發生變化，但堅定致力於在 2025 年前實現 7.5 億美元的毛利節省。股票的上漲潛力使其成為以收入為重點的投資者的吸引選擇。</p>
<p>披露</p>

孩之寶

<p>孩之寶（HAS）正在轉向數字遊戲，導致今年迄今股價上漲 34%，股息率為 4.5%。儘管 2024 年第三季度營收下降 15%，但遊戲和許可業務的強勁表現表明潛在盈利能力。分析師仍然看好，設定股價目標為 70.50 美元，顯示出 24.21% 的上漲空間。管理層預測各業務板塊的營收將下滑，但旨在通過 2025 年實現重大成本節約，使 HAS 股票對以收入為導向的投資者具有吸引力</p>

<p>Despite recent challenges, toy and entertainment company Hasbro (HAS) is embracing a significant strategic shift and garnering solid returns. The company’s pivot towards digital gaming and entertainment has propelled growth, with Q3 2024 earnings exceeding expectations due to improved business mix and lower costs. The stock is up over 34% year-to-date, offering an enticing dividend yield of 4.5%. With ongoing digital innovation and the potential for further conversion of its classic board games into engaging online experiences, future prospects in the digital gaming arena seem promising, making the stock an attractive option for income-oriented investors.</p>
<div class="lb-trans"><p>儘管近期面臨挑戰，玩具和娛樂公司孩之寶（HAS）正在積極進行重大戰略轉變，並獲得可觀回報。公司向數字遊戲和娛樂領域轉型推動了增長，2024 年第三季度收益超出預期，這歸因於業務結構改善和成本降低。股價今年迄今上漲超過 34%，提供誘人的 4.5% 股息率。隨着持續的數字創新和將經典棋盤遊戲轉化為引人入勝的在線體驗的潛力，數字遊戲領域的未來前景看好，使得該股對以收入為導向的投資者而言成為一個吸引人的選擇。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/10/HAS-Stock-Chart-10-27-24-1024x585.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/10/HAS-Stock-Chart-10-27-24-1024x585.png"/></p>
<h2><strong>Hasbro’s Entertainment Empire</strong></h2>
<div class="lb-trans"><h2><strong>孩之寶的娛樂帝國</strong></h2>
</div><p>Hasbro is a multinational toy and game corporation that operates through four segments: Consumer Products, Wizards of the Coast &amp; Digital Gaming, Entertainment, and Other segments.</p>
<div class="lb-trans"><p>孩之寶是一家跨國玩具和遊戲公司，通過四個部門運營：消費品、海岸巫師與數字遊戲、娛樂以及其他部門。</p>
</div><p>The Consumer Products division is responsible for sourcing, marketing, and selling toy and game products. The Wizards of the Coast and Digital Gaming division promotes its brands through trading cards, role-playing games, and digital game experiences. The Entertainment division, on the other hand, develops, produces, and sells a variety of entertainment content, such as films, television, children’s programming, digital content, and live entertainment.</p>
<div class="lb-trans"><p>消費品部門負責採購、營銷和銷售玩具和遊戲產品。海岸巫師與數字遊戲部門通過交易卡、角色扮演遊戲和數字遊戲體驗推廣其品牌。另一方面，娛樂部門開發、製作和銷售各種娛樂內容，如電影、電視、兒童節目、數字內容和現場娛樂。</p>
</div><p>Products are sold to various retailers, distributors, wholesalers, and discount stores, as well as directly to customers through several e-commerce websites under different brand names, including Magic: The Gathering, Hasbro Gaming, PLAY-DOH, Transformers, Dungeons &amp; Dragons, and Peppa Pig.</p>
<div class="lb-trans"><p>產品銷售給各種零售商、分銷商、批發商和折扣店，以及通過幾個電子商務網站直接銷售給客户，品牌包括《魔法風雲》、孩之寶遊戲、橡皮泥、變形金剛、龍與地下城和小豬佩奇等。</p>
</div><h2><strong>Hasbro’s Recent Financial Results</strong></h2>
<div class="lb-trans"><h2><strong>孩之寶最近的財務業績</strong></h2>
</div><p>The company recently reported results for the third quarter. Revenue of $1.28 billion marked a 15% year-over-year decline while falling short of analysts’ expectations by $20 million. Despite the decline in revenue, the company’s robust performance in the gaming and licensing sectors highlighted its high-profit potential. In contrast, positive results from key strategies, including digital and licensing enhancements and product innovation, suggest the company has made progress toward an operational turnaround, forecasting improved profitability and cash flow. Operating profit stood at $302 million with a margin of 23.6%, with the non-GAAP earnings per share (EPS) of $1.73 surpassing estimates by $0.44.</p>
<div class="lb-trans"><p>公司最近公佈了第三季度的業績。12.8 億美元的收入標誌着同比下降 15%，低於分析師預期的 2000 萬美元。儘管收入下降，公司在遊戲和許可領域的強勁表現突顯了其高利潤潛力。相比之下，數字化和許可增強以及產品創新等關鍵策略的積極結果表明公司在朝着運營扭虧為盈取得進展，預示着盈利能力和現金流的改善。運營利潤為 3.02 億美元，利潤率為 23.6%，非通用會計準則下的每股收益為 1.73 美元，超出預期 0.44 美元。</p>
</div><p>In Q3, the company distributed its shareholders $98 million as cash dividends. Moreover, the Board of Directors has declared a cash dividend of $0.70 per common share, which equates to a dividend yield of 3.18%. It will be payable on December 4, 2024.</p>
<div class="lb-trans"><p>第三季度，公司向股東分配了 9800 萬美元的現金股利。此外，董事會宣佈每普通股 0.70 美元的現金股息，相當於 3.18% 的股息率。將於 2024 年 12 月 4 日支付。</p>
</div><p>HAS’ management has issued guidance for 2024, anticipating a decrease in Consumer Products Segment revenue by 12-14% with an adjusted operating margin of 4-6%. The Wizards of the Coast and Digital Gaming Segment is expected to remain steady or decrease slightly by 1%, with an operating margin of about 42%. The Pro-Forma Entertainment segment revenue is forecasted to drop by $15 million with an adjusted operating margin of 60%. The total adjusted EBITDA of the company for the year is projected to be between $975 million and $1.025 billion. The company aims for gross savings of $750 million by the end of 2025.</p>
<div class="lb-trans"><p>孩之寶管理層已發佈了 2024 年的指引，預計消費品部門收入將下降 12-14%，調整後的營業利潤率為 4-6%。海岸巫師與數字遊戲部門預計保持穩定或略微下降 1%，營業利潤率約為 42%。預計 Pro-Forma 娛樂部門收入將減少 1500 萬美元，調整後的營業利潤率為 60%。公司全年的調整後息税折舊及攤銷前利潤預計在 9.75 億美元至 10.25 億美元之間。公司旨在在 2025 年底前實現 7.5 億美元的毛利節省。</p>
</div><h2><strong>What Is the Price Target for HAS Stock?</strong></h2>
<div class="lb-trans"><h2><strong>HAS 股票的目標價格是多少？</strong></h2>
</div><p>The stock has been trending upward, climbing over 55% in the past year. It trades in the upper end of its 52-week price range of $42.66 – $73.46, though it shows negative price momentum by trading below the 20-day (70.52) and 50-day (69.14) moving averages. With a P/S ratio of 2.15x, it trades at a slight premium compared to the Leisure industry average of 1.8x.</p>
<div class="lb-trans"><p>股價一直呈上升趨勢，在過去一年中上漲超過 55%。它交易在 52 周價格範圍的高端，介於 42.66 美元至 73.46 美元之間，儘管它顯示出負面的價格動能，低於 20 日（70.52）和 50 日（69.14）移動平均線。以 2.15 倍的市銷率交易，與休閒行業平均值 1.8 倍相比，它略高。</p>
</div><p>Analysts following the company have mostly been bullish on HAS stock. For example, DA Davidson has increased its share price target from $59 to $73 while maintaining a Neutral rating. On the other hand, JPMorgan (JPM) has decreased Hasbro’s price target from $82 to $79 while still keeping an Overweight rating.</p>
<div class="lb-trans"><p>跟蹤該公司的分析師大多對 HAS 股票持樂觀態度。例如，DA Davidson 將其股價目標從 59 美元提高到 73 美元，同時保持中性評級。另一方面，摩根大通將孩之寶的股價目標從 82 美元降至 79 美元，但仍保持超配評級。</p>
</div><p>Based on ten analysts ‘ recent recommendations, Hasbro is rated a Strong Buy overall. The average price target for HAS stock is $82.50, representing a potential upside of 24.21% from current levels.</p>
<div class="lb-trans"><p>根據十位分析師的最新推薦，孩之寶整體評級為強熱門。HAS 股票的平均目標價格為 82.50 美元，相較當前水平有 24.21% 的潛在上漲空間。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/10/image-673.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/10/image-673.png"/></p>
<p><strong>See more HAS analyst ratings</strong></p>
<div class="lb-trans"><p><strong>查看更多 HAS 分析師評級</strong></p>
</div><h2><strong>HAS in Review</strong></h2>
<div class="lb-trans"><h2><strong>HAS 回顧</strong></h2>
</div><p>Hasbro has demonstrated adaptability by strategically shifting towards digital gaming and entertainment, yielding solid returns. The company continues to innovate in the digital realm and explore ways to digitize its classic board games, a move that holds promising prospects. Despite a 15% year-over-year revenue drop, Hasbro’s robust performance in gaming and licensing underlines the company’s high profit potential.</p>
<div class="lb-trans"><p>孩之寶通過戰略性轉向數字遊戲和娛樂展示了適應能力，取得了可觀回報。公司繼續在數字領域創新，探索將經典棋盤遊戲數字化的方式，這一舉措具有良好的前景。儘管同比收入下降 15%，孩之寶在遊戲和許可方面的強勁表現突顯了公司的高利潤潛力。</p>
</div><p>Management’s 2024 forecasts indicate expected revenue shifts across segments but a firm commitment to achieving gross savings of $750 million by 2025. The stock’s upside potential makes it an appealing choice for income-focused investors.</p>
<div class="lb-trans"><p>管理層的 2024 年預測表明各部門預計收入將發生變化，但堅定致力於在 2025 年前實現 7.5 億美元的毛利節省。股票的上漲潛力使其成為以收入為重點的投資者的吸引選擇。</p>
</div><p>Disclosure</p>
<div class="lb-trans"><p>披露</p>
</div>

孩之寶（HAS）通過數字遊戲推動增長，並提供具有吸引力的股息收益率