Hasbro Inc. (NASDAQ:HAS) has seen a significant increase in stock and outperformance in the market. This is indicated by substantial purchases by known companies like
Mirae Asset Global Investments Co. Ltd,
Nordea Investment Management AB, and
BNP Paribas Financial Markets. The first quarter earnings review show that toys and electronics stocks were dominated by Hasbro. Notably, the company's stock prices surged various times within the week.
An Average rating of 'Moderate Buy' was given by different analysts. Alternatively, sell-offs occured too, with Chevy Chase Trust Holdings and Sumitomo Mitsui Trust Holdings among those who offloaded their holdings. The company's first-quarter earnings have surpassed estimates, leading to an uptick in the stock value. There's also indication of long-term growth potential, despite fluctuations in stock performance.
However, it wasn't all positive news, there were some profit misses and declines in the company's stock, alongside some warnings of possible future declines. Despite this, several investment houses made additional purchases, while Bank of America estimates a 40% stock gain for Hasbro in the future.
Hasbro Stocks HAS News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 12:15:15 GMT -
Rating 3
- Innovation 4
- Information 7
- Rumor -2
