Tonix Pharmaceuticals stock halted ahead of FDA approval news
Hasbro Inc’s stock reached a 52-week high, touching 78.92 USD, signaling a strong upward trajectory over the past year. The $11.08B market cap company has delivered impressive returns, with a 42.94% gain year-to-date and 32.65% over the past six months. According to InvestingPro analysis, the stock is currently trading near its Fair Value. The company’s performance has been buoyed by strategic initiatives and market confidence, contributing to its robust growth. With a healthy current ratio of 1.66 and a 45-year track record of consistent dividend payments, Hasbro demonstrates strong financial stability. InvestingPro analysis reveals 8 additional key insights about Hasbro’s financial health and growth potential, available to subscribers.
In other recent news, Hasbro reported a strong performance for the second quarter of 2025, surpassing both earnings and revenue forecasts. The company achieved an earnings per share (EPS) of $1.30, significantly higher than the anticipated $0.78, and reported revenue of $980.8 million, which exceeded expectations by 12.14%. Following these results, UBS raised its price target for Hasbro to $88 from $82, maintaining a Buy rating, and highlighted an implied 10% upside to Wizard estimates for the second half of the year. Citi also increased its price target to $91, citing strength in Hasbro’s Wizards of the Coast division and projecting a potential 22% return for investors. DA Davidson raised its price target to $80, noting improvements in Hasbro’s tariff situation due to recent trade deals, although they maintained a Neutral rating. The strong quarterly performance was attributed to the gaming portfolio’s outperformance, with the consumer products business declining less than previously guided. Despite these positive developments, Hasbro’s stock experienced a dip in pre-market trading.
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