3 Things Hasbro Management Wants You to Know
While FANG stocks have been all the rage over the past half-decade or so, leading toy company Hasbro (NASDAQ: HAS) has managed to fly under the radar for many investors. However, the company's stellar performance is no secret to the toy maker's shareholders. With returns approaching 200% over the past five years, Hasbro is easily outperforming Apple and Google over the same period while crushing the broad S&P 500 as well.
Image source: Hasbro.
The company did take a brief pause from its upward march after announcing second quarter earnings on July 24. Hasbro stock fell over 9%, despite beating Wall Street earnings estimates and meeting revenue expectations. With the stock up almost 50% year to date going into the earnings call, market expectations were just too high. However, investors would still be wise to listen to management to get proper insight into the state of the business. Here are some important highlights from the latest conference call.
Source: Fool.com
Hasbro Inc. Stock
With 17 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 69 € there is a slightly positive potential of 11.89% for Hasbro Inc. compared to the current price of 61.67 €.
