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Barchart
Barchart
Neharika Jain

Hasbro Stock: Is Wall Street Bullish or Bearish?

Pawtucket, Rhode Island-based Hasbro, Inc. (HAS) designs, manufactures, and markets games and toys. Valued at a market cap of $8.6 billion, the company offers traditional, high-tech, and digital toys, games, and licensed products under various well-known brands and is renowned for its fantasy franchises like Magic: The Gathering and Dungeons & Dragons.

Shares of this toy company have outperformed the broader market over the past 52 weeks. HAS has rallied 38.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 30.1%. However, on a YTD basis, the stock is up 21.1%, lagging behind SPX’s nearly 24.1% increase.

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