Alert: Negative Investment/Fundamental Signals (12/1/23)-Hasbro Inc. (NASDAQ: HAS)

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Significant negative changes in investment behavior have recently occurred for Hasbro Inc. (NASDAQ: HAS): negative upside/downside volume developed.

Hasbro Inc. (NASDAQ: HAS). Notable negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, HAS is expected to continue to be a major Value Builder.

Hasbro has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Hasbro has a neutral Power Rating of 47 but a poor Appreciation Score of 23, producing the Negative Value Trend Rating.

Recent Price Action

Hasbro Inc. (NASDAQ: HAS) stock enjoyed a large increase of 4.4% on 12/1/23. The stock closed at $48.46. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 6.2% during the last week.

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