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Nick Robinson

Why has Hasbro gained so much in the past 3 months?

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Hasbro (NASDAQ:HAS) has had three amazing months if we look at it from the perspective of the stock market. Shares of the company gained 25.5% during the past three months, while the industry managed to gain only 3.9% in the same period of time.

In order to see why the stock has risen in valuation, we have to take a look at the fundamentals. The company managed to ensure a profit in Q1 2019, reporting losses in the trailing three quarters. On top of that, Hasbro’s top and bottom lines improved greatly year-over-year. Not only that, but the results managed to surpass the Zacks Consensus Estimate as well. The solid performance can be attributed to expansion and gains of the US and Canada and the Entertainment, Licensing and Digital segments.

As far as the future plans go, Hasbro is looking to expand its international business into the emerging markets in Eastern Europe, Asia and Latin and South America.

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