Hasbro (HAS) Stock Moves -0.18%: What You Should Know

In the latest trading session, Hasbro (HAS) closed at $61.38, marking a -0.18% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.33%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.53%.The toy maker's shares have seen a decrease of 9.6% over the last month, not keeping up with the Consumer Discretionary sector's loss of 4.73% and the S&P 500's loss of 4.03%.Investors will be eagerly watching for the performance of Hasbro in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.70, marking a 14.75% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $769.7 million, up 1.64% from the year-ago period.Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.18 per share and revenue of $4.15 billion. These totals would mark changes of +4.24% and +0.38%, respectively, from last year.Investors should also pay attention to any latest changes in analyst estimates for Hasbro. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.25% downward. Currently, Hasbro is carrying a Zacks Rank of #3 (Hold).In the context of valuation, Hasbro is at present trading with a Forward P/E ratio of 14.72. For comparison, its industry has an average Forward P/E of 11.64, which means Hasbro is trading at a premium to the group.We can also see that HAS currently has a PEG ratio of 2.19. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Toys - Games - Hobbies industry had an average PEG ratio of 2.16 as trading concluded yesterday.The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 23, this industry ranks in the top 10% of all industries, numbering over 250.The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hasbro, Inc. (HAS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks