Hasbro's performance over the past years has been marked by
both highs and lows. Despite a
decline of around 26% in shareholder value over the past five years, the stock has shown considerable resilience, reaching a
52-week high of $72.26 twice, buoyed by robust growth and market optimism. Over the past six months, the stock has also seen an
appreciable increase, shooting up by 27% and 35% respectively at different points, suggesting a positive trajectory against the odds. However, the stock has also faced some challenges, with a decrease amid market upticks warranting investor attention. Major players, including
AQR Capital and the Canada Pension Plan Investment Board, have increased and decreased their holdings respectively, revealing mixed confidence levels in Hasbro's momentum. Notably, Hasbro recently topped the Q2 Toys and Electronics Earnings and its shares surged on a profit beat alongside strong digital gaming performance, implying a success in its transformation efforts. Contrarily,
losses were incurred by shareholders as the stock declined 3.3% over one week. While certain analysts point to a bright outlook based on Hasbro's 'Magic: The Gathering' franchise, others have flagged potential future stock drops due to declining sales, necessitating potential cost cut measures.
Hasbro Stocks HAS News Analytics from Mon, 18 Dec 2023 08:00:00 GMT to Sun, 29 Sep 2024 14:32:45 GMT -
Rating -2
- Innovation 2
- Information 6
- Rumor 5
