Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Hasbro Earns IBD Stock Rating Upgrade

Hasbro saw its IBD SmartSelect Composite Rating jump to 97 Wednesday, up from 94 the day before.

Looking For The Best Stocks To Buy And Watch? Start Here

The new score indicates the company is now outperforming 97% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

Hasbro has now climbed above a proper buy zone after clearing the 70.04 buy point in a double bottom.

The stock sports an 83 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 83% of all stocks.

Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.

In Q1, the company reported 70% earnings growth. It has now posted accelerating EPS growth for two consecutive quarters. Sales growth climbed 17%, up from -15% in the prior quarter. That marks one quarter of rising revenue growth.

Hasbro holds the No. 1 rank among its peers in the Leisure-Toys/Games/Hobby industry group. Mattel and JAKKS Pacific are also among the group's highest-rated stocks.

This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.