With a market cap of $10 billion, Hasbro, Inc. (HAS) is a game, intellectual property (IP), and toy company. Based in Pawtucket, Rhode Island, the company operates through four segments: Consumer Products, Wizards of the Coast, Digital Gaming, and Entertainment.
Companies worth $10 billion or more are generally described as “large-cap” stocks, and Hasbro fits this criterion perfectly. The company delivers play experiences to kids, families, and fans worldwide through a range of products, including physical and digital games, video games, and toys.
Hasbro stock has dropped 2.4% from its 52-week high of $73.46. Shares of HAS have gained 17.4% over the past three months, outperforming the S&P 500 Index’s ($SPX) 5.5% rise.
Longer term, HAS stock has climbed 28.2% on a YTD basis, whereas the SPX has risen 3.6%. Additionally, shares of Hasbro have surged 20.7% over the past 52 weeks, surpassing the SPX’s 11.4% return over the same time frame.
The stock has been trading above its 50-day moving average since late April. Also, it has climbed above its 200-day moving average since early May.
Shares of Hasbro jumped 14.6% following the release of its strong Q1 2025 results on Apr. 24. Quarterly Revenue rose 17.1% year-over-year to $887.1 million, surpassing Street expectations. The performance was driven by a 46% surge in the Wizards and Digital Gaming segment, which offset declines of 4% in the Consumer Products segment and 5% in the Entertainment segment. Its adjusted EPS came in at $1.04, marking a sharp 70.5% increase from the prior year quarter and exceeding analyst expectations by 55.2%.
In contrast, Planet Fitness, Inc. (PLNT) has underperformed HAS stock on a YTD basis, rising 6.7%. Although shares of PLNT have soared 43.8% over the past 52 weeks, outpacing HAS stock.
Due to Hasbro’s outperformance, analysts are strongly optimistic about its prospects. The stock has a consensus rating of “Strong Buy” from the 11 analysts covering it, and it is currently trading below the mean price target of $75.55.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
