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• HAS 67% Rate It

Toy maker Hasbro, Inc. ( HAS ) on Monday caught some further positive commentary from analysts at Needham & Company.

The firm maintained its "Buy" rating on HAS as well as its $42 price target, which suggests a 16% upside to the stock's Friday closing price of $36.18.

A Needham analyst commented, "The company has already cautioned that several factors this year would result in 1Q results being weaker than usual relative to the full year, including faster growth outside the US, where shipments occur later; greater royalty revenues, which lag actual product sales; and the fact that 1Q'12 will be a 14-week fiscal quarter, with the extra week adding more in expenses than in revenue. As a result of these factors, and currency exchange rate pressure, we would not be surprised to see 1Q results come in below our estimate. On the other hand, we believe that early shipments of products tied to The Avengers movie have begun, and we expect that they have been solid so far. Our current estimate is for sales to be up 1.5% to $682 mm and EPS to be $0.10, vs. $0.12 last year."

Hasbro shares fell $1.18, or -3.3%, in premarket trading Monday.

The Bottom Line
We have been recommending shares of Hasbro ( HAS ) since Feb.3, when the stock was trading at $36.18. The company has a 3.98% dividend yield, based on Friday's closing stock price of $36.18.

Hasbro, Inc. ( HAS ) is a "Recommended" dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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