Centre Asset Management LLC has significantly invested in
Hasbro, Inc. and the company's stock has been given a fact-based forecast to moderately buy by brokerages. Despite some drops,
Hasbro's market performance generally outpaces the Consumer Cyclical Sector and also often surges above the overall stock market.
Franklin Resources Inc. and
American Trust have offloaded Hasbro shares while
Wellington Management Group LLP and the
National Bank of Canada FI acquired positions. Brokerages recommend investing in Hasbro but caution about the firm going ex-dividend soon.
Elon Musk hinted at acquiring Hasbro, causing the stock price to rise. Hasbro's Q3 earnings exceeded estimates, contradicting some analyst predictions expecting a decline. Hasbro's
stock hits marked high points amid robust growth, but some decline was noted due to legal issues. Hasbro's financial performance is generally good, with rising relative strength indicators, turnarounds led by their CFO and sneak peeks at Q3 earnings which anticipate strong performance.
Hasbro's strategy to leverage digital gaming for growth is praised, even as concern is noted about the company's use of debt. A possible acquisition offer made the stocks rally and Hasbro is flagged as a top mover. Moreover,
Elon Musk has sparked the likely future growth in
Hasbro's stock.
Hasbro Stocks HAS News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Fri, 03 Jan 2025 18:00:35 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 2
