Hasbro, Inc.’s Stock Price Soars to $69.06, Marking a Remarkable 12.95% Uptick

Hasbro, Inc. (HAS)

69.06 USD +7.92 (+12.95%) Volume: 5.53M

Hasbro, Inc.’s stock price soars to 69.06 USD, marking an impressive trading session increase of +12.95% and a commendable YTD growth of +23.52%. The strong performance, driven by a high trading volume of 5.53M, showcases the robust potential of HAS stock.

Latest developments on Hasbro, Inc.

Hasbro Inc has been making waves in the stock market recently, with a series of key events leading up to today’s stock price movements. The toymaker unveiled a new growth plan and strategic direction, including a collaboration with Mattel for PLAY-DOH Barbie Playsets. Despite a lower-than-expected 2025 revenue forecast, Hasbro reported impressive Q4 2024 financial results, with earnings per share beating estimates and revenue surpassing expectations at $1.10 billion. The company also announced cost-cutting measures and a plan to reduce Chinese production to offset tariff effects. Investors reacted positively to these developments, with Hasbro shares jumping after the fiscal Q4 beat and strategic plan unveiling. With a focus on ‘Playing to Win’, Hasbro is aiming for a dramatic turnaround and expects $1 billion in savings by 2027.

Hasbro, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have published a research report on Hasbro Inc, analyzing the company’s recent diversification and innovation in product lines. The report, titled “Hasbro Inc.: Will The Recent Diversification and Innovation in Product Lines Catalyze Growth? – Major Drivers”, leans towards a bullish sentiment. Hasbro’s third quarter 2024 earnings showed a mixed bag of results, with strong performance in gaming and licensing. MAGIC: THE GATHERING and Dungeons and Dragons segments were highlighted for their resilience and high profitability margins in tentpole releases and digital platforms.

A look at Hasbro, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Hasbro Inc, a company that designs and markets toys and games, has received a mixed outlook based on Smartkarma Smart Scores. While the company scored well in the Dividend category with a score of 4, indicating a strong dividend payout, it scored lower in Value, Growth, Resilience, and Momentum. This suggests that while Hasbro may be a good option for investors looking for steady dividends, there may be some concerns in terms of the company’s overall performance and growth potential.

Despite its lower scores in Value, Growth, Resilience, and Momentum, Hasbro Inc continues to be a prominent player in the toy and game industry. The company’s diverse range of products, including games, interactive software, puzzles, and infant products, has helped establish its presence both in the United States and internationally. With a focus on innovation and creativity, Hasbro remains a key player in the market, despite the mixed outlook provided by Smartkarma Smart Scores.

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