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Hasbro (HAS) Shows Strength: Stock Adds 7.4% in Session

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Hasbro Inc. (HAS - Free Report) was a big mover last session, as its shares rose more than 7% on the day. The move came after the toy maker topped earnings forecasts to become the best-performing stock in the S&P 500 on Oct 17. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $76.16 to $80.54 in the past one-month time frame.

Over the last 30 days, the company witnessed one positive and two negative estimate revisions while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Hasbro currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the toys & games space is Electronic Arts Inc. (EA - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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