NEW YORK, Dec. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hasbro, Inc. (NASDAQ: HAS).Shareholders who purchased shares of HAS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/hasbro-inc-loss-submission-form/?id=118158&from=4CLASS PERIOD: February 7, 2022 to October 25, ...

Core Points - A class action lawsuit has been filed against Hasbro, Inc. for potential securities fraud and unlawful business practices [7] - Hasbro reported an 18% decline in Consumer Product revenues year-over-year for Q3 2023, along with a significant reduction in guidance for the remainder of the year [2] - The company is forecasting approximately $50 million in one-time costs related to inventory management and marketing efforts [2] - Following the announcement of financial results, Hasbro's stock price fell by $5.17 per share, or 8.1%, closing at $58.61 on January 27, 2023 [5] - In a prior announcement on January 26, 2023, Hasbro projected a 17% year-over-year revenue contraction for Q4 2022 and announced layoffs of 15% of its global workforce [8] - This earlier news led to a stock price drop of $6.38 per share, or 11.7%, closing at $48.37 on October 26, 2023 [9]

NEW YORK, Dec. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hasbro, Inc. (NASDAQ: HAS).Shareholders who purchased shares of HAS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/hasbro-inc-loss-submission-form/?id=117279&from=4CLASS PERIOD: February 7, 2022 to October 25, ...

Core Viewpoint - The article discusses the reliability of Wall Street analysts' recommendations, particularly focusing on Hasbro (HAS), and emphasizes the importance of using these recommendations in conjunction with other research tools like the Zacks Rank [1][4]. Group 1: Brokerage Recommendations - Hasbro has an average brokerage recommendation (ABR) of 1.59, indicating a consensus between Strong Buy and Buy, based on 11 brokerage firms [2]. - Of the 11 recommendations, seven are Strong Buy and one is Buy, which accounts for 63.6% and 9.1% of all recommendations respectively [2]. - Despite the positive ABR, relying solely on this information for investment decisions may not be advisable, as studies show brokerage recommendations often lack success in guiding investors towards stocks with high price appreciation potential [4]. Group 2: Analyst Bias and Limitations - Brokerage analysts tend to exhibit a strong positive bias in their ratings due to vested interests, with five "Strong Buy" recommendations for every "Strong Sell" [5]. - This bias leads to a misalignment of interests between brokerage firms and retail investors, often misleading rather than guiding them [6][9]. - The Zacks Rank, which is based on earnings estimate revisions, is presented as a more reliable indicator of a stock's near-term price performance compared to the ABR [7][10]. Group 3: Zacks Rank vs. ABR - The Zacks Rank is a quantitative model that utilizes earnings estimate revisions and is displayed in whole numbers, contrasting with the ABR which is calculated from brokerage recommendations and shown with decimals [8]. - The Zacks Rank is updated more frequently, reflecting timely changes in earnings estimates, while the ABR may not be current [11]. - For Hasbro, the Zacks Consensus Estimate for the current year remains unchanged at $3.93, indicating steady analyst views on the company's earnings prospects [12]. Group 4: Investment Outlook for Hasbro - The recent consensus estimate changes and other factors have resulted in a Zacks Rank 3 (Hold) for Hasbro, suggesting caution despite the Buy-equivalent ABR [13].

NEW YORK, Dec. 17, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Hasbro, Inc. (NASDAQ: HAS) between February 7, 2022 and October 25, 2023, both dates inclusive (the "Class Period"), of the important January 13, 2025 lead plaintiff deadline.So what: If you purchased Hasbro common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to d ...

NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Hasbro, Inc. ("Hasbro, Inc." or the "Company") (NASDAQ: HAS) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Hasbro, Inc. investors who were adversely affected by alleged securities fraud between February 7, 2022 and October 25, 2023. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/hasbro-inc-lawsuit-submiss ...

Investors in Hasbro, Inc. (HAS) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $110.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...

NEW YORK, Dec. 16, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hasbro, Inc. (NASDAQ: HAS).Shareholders who purchased shares of HAS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/hasbro-inc-loss-submission-form/?id=116400&from=4CLASS PERIOD: February 7, 2022 to October 25, ...

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Hasbro, Inc. (“Hasbro” or the “Company”) (NASDAQ:HAS) securities during the period of February 7, 2022 to October 25, 2023, inclusive (“the Class Period”). Investors have until January 13, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Click here to ...

WASHINGTON, Dec. 13, 2024 /PRNewswire/ -- The post-apocalyptic zombie strategy game, Puzzles & Survival, published by 37GAMES has announced its collaboration with the TRANSFORMERS brand, which will officially begin on December 15, 2024.Since its debut in 1984, the TRANSFORMERS brand has achieved critical acclaim, and has been a beloved franchise to multiple generations of fans. In this crossover, Optimus Prime and Megatron will join the game as a heroes, and assist players in defeating a dangerous new threa ...