Back to top

Analyst Blog

In order to enhance the brand’s gaming experiences, toy maker Hasbro Inc. (HAS - Analyst Report) recently signed a licensing agreement with Electronic Arts Inc.’s (EA - Analyst Report) operating unit PopCap Games. Financial terms and conditions of the deal have not been disclosed yet.

Under the terms of the agreement, Hasbro will launch a new line of physical gaming products based on PopCap’s popular virtual game brands. Hasbro will be engaged in designing, manufacturing and marketing of these analog games.

PopCap, a Seattle-based game developing company, is one of the largest social gaming companies accredited with over 150 million games that are played on various platforms of Facebook, Inc. (FB - Analyst Report), Renren Inc. (RENN - Snapshot Report), Google Inc. , and Apple Inc. (AAPL - Analyst Report). Electronic Arts bought PopCap Games for an estimated $1.3 billion in 2011.

The company’s two physical gaming products, BEJEWELED and BEJEWELED FRENZY will be available from spring 2013. These games will be based on PopCap’s renowned game series, Bejeweled. With the purchase of BEJEWELED game, the online players will have the access to download a virtual game named Bejeweled 3 for free.

Hasbro’s management believes that this deal will enhance its coverage in the analog gaming arena and restructure its portfolio of gaming products.

Hasbro has been highly active on gaming deals. In 2012, it launched a new line of gaming products in U.S., U.K., Australia and Canada in association with the world’s largest social game developer - Zynga, Inc. (ZNGA - Snapshot Report).

Given Hasbro’s strong product line up, including core brands as well as key licensed brands and lucrative product associations, the company remains well positioned for future growth.

Hasbro, which competes with Mattel Inc. (MAT - Analyst Report) and JAKKS Pacific Inc. (JAKK - Analyst Report), retains a Zacks Rank #3 (Hold). We currently have a long-term Neutral recommendation for Hasbro.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%