Trump signs order raising Canada tariffs to 35% from 25%
Hasbro Inc . (NASDAQ:HAS) reached a significant milestone as its stock hit a 52-week high of $73.46. The $10.3 billion toy maker’s achievement reflects a notable upward trend, with impressive gains of 30.25% over the past six months and a 25.47% increase over the past year. InvestingPro analysis indicates the stock is currently trading at Fair Value, with a solid Financial Health Score of "GOOD." The rise in Hasbro’s stock price is indicative of positive investor sentiment and potentially strong performance in its business operations. The toy and entertainment company has been navigating the market dynamics effectively, maintaining 45 consecutive years of dividend payments with a current yield of 3.87%. Trading at a P/E ratio of 23.9, the company continues to demonstrate resilience in its core business segments.
In other recent news, Femto Technologies has released its unaudited financial statements for the first quarter ending March 31, 2025. These documents, filed with the U.S. Securities and Exchange Commission, provide insight into the company’s financial health and strategic direction. Meanwhile, Hasbro has renewed its multi-year agreement with Disney (NYSE:DIS) Consumer Products to continue producing toys and games for the Star Wars and Marvel franchises. This renewal allows Hasbro to maintain its diverse merchandise offerings, including action figures and collectibles, for both franchises.
Additionally, UBS has reiterated its Buy rating for Hasbro with a price target of $82, highlighting the strong performance of the Magic: The Gathering (MTG) division. The analyst noted that MTG’s recent sales volumes have surpassed previous benchmarks, driven in part by Marvel licensing. In another development, Molson Coors (NYSE:TAP) has nominated Hasbro CEO Chris Cocks to its Board of Directors, citing his extensive experience in brand management and digital transformation.
These recent developments underscore Hasbro’s strategic initiatives and partnerships, as well as its leadership’s broader influence in the industry.
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