Hasbro is a global play and entertainment company known for its wide range of toys, games, and licensed products
The company develops and markets well-known brands such as Transformers, My Little Pony, and Monopoly, appealing to children and families around the world. In addition to physical toys and games, Hasbro has expanded its reach into digital gaming and entertainment, creating engaging experiences across various platforms. The company is also involved in storytelling and content creation, leveraging its extensive brand portfolio to deliver immersive narratives through films, television shows, and digital media.
Hasbro has been treading water for the past six months, recording a small return of 1.2% while holding steady at $57.50. The stock also fell short of the S&P 500’s 7% gain during that period.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the toys and electronics industry, including Hasbro (NASDAQHAS) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at toys and electronics stocks, starting with Mattel (NASDAQMAT).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how toys and electronics stocks fared in Q3, starting with Bark (NYSEBARK).
President-elect Donald Trump has proposed implementing significant tariffs, including 25% on imports from Mexico and Canada, and an additional 10% on goods from China.
GOP control of Congress under Trump could lead to a surge in M&A activity, especially in banks and biotech. Factors like equity market returns and rate cuts could fuel deals, with small-cap targets and large-cap acquirers seeing success. 10 potential M&A candidates identified by Bank of America.
Hasbro rerated by analysts after mixed quarterly print. JPMorgan maintains Overweight with a price forecast of $79, BofA Securities maintains Buy with $95 price target.
