Hasbro Stock Rides An 8-Day Winning Streak To A 21% Gain

HASYTD+49.1%SPYYTD+13.4%XLYYTD-2.3%
Analyze HAS →

Hasbro (HAS) stock has risen for 8 consecutive trading days, gaining 21.4% over that stretch. That added about $3.0 billion to the company’s market value, which now stands at about $16.9 billion. The stock closed at $119.57 on Thursday, October 29, its highest close of the past year.

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The Streak Next To The S&P 500

Returns for HAS and the S&P 500 over the streak and the periods around it, all ending Thursday, October 29 and including dividends:
 

Return Period HAS S&P 500
1 Day 0.7% -0.3%
8 Days (Current Streak) 21.4% 0.4%
1 Month (21 Trading Days) 36.4% 1.0%
3 Months (63 Trading Days) 28.2% 3.3%
Year To Date 49.1% 13.8%
1 Year (252 Trading Days) 58.4% 13.3%

How The Streak Compares With The Market

The market explains little of this: the S&P 500 gained 0.4% over the same 8 sessions, including dividends, against Hasbro’s +21.4%. 2 other S&P 500 stocks are currently on winning streaks of 8 days or longer. Over the past three months the stock is up 28.2%, a window that includes the streak; over the other 55 sessions of that window it was up 5.6%.

What The Numbers Say About The Rally

On the fundamentals, revenue grew 17.0% over the last twelve months, against a median of 7.4% for S&P 500 Consumer Discretionary stocks; its operating margin is 23.4%, versus a median of 15.1%; and the stock trades at 21.3 times trailing earnings against a median of 19.3. The business gives the rally real support, with revenue growth above the median and margins above the median.

A climb like this is worth respecting, and worth testing. Our Guidance Momentum screen tracks the stocks whose companies just raised their own forward numbers.

Streaks End. Discipline Compounds

A run like this is genuinely useful information: something about this business has the market’s full attention. But streaks are where discipline gets tested, because the urge to chase strength is strongest right before it pauses.

The Trefis High Quality (HQ) Portfolio channels that urge into a system: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules rather than excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Enjoy the streak; own the process.