Hasbro's (HAS) stock has seen several fluctuations recently, both upward and downward trajectories were noted. Optimism surrounding the company’s Consumer Products segment has prompted Stifel to retain HAS in the Select List, boosting its target. Numerous entities like the Contravisory Investment Management Inc, Lombard Odier Asset Management USA Corp, USA Financial Formulas, and AQR Capital Management increased their positions in the company, offering a positive momentum. The company exhibited robust growth with its stocks hitting a 52-week high on several instances. It even showed potential to outperform the Dow. However, there were instances of decline amidst market improvement influencing investor sentiments. The five-year losses for shareholders stand at 26% and 33%. HAS also displayed strength in the digital gaming sector resulting in boosting quarterly results, despite an overall profit miss and downbeat sales outlook. It is significant that Bank of Montreal Can and Canada Pension Plan Investment Board sold their shares recently. Despite this, analysts recommend HAS as a strong growth stock, citing successful transformation, revenue, and earnings beats, weighted by its fair price with the ongoing turnaround game plan.
Hasbro Stocks HAS News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Fri, 11 Oct 2024 11:57:49 GMT -
Rating 3
- Innovation 4
- Information 8
- Rumor -5
