Hasbro (HAS) Stock Moves -0.53%: What You Should Know

In the latest market close, Hasbro (HAS) reached $56.70, with a -0.53% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 1.11%. On the other hand, the Dow registered a loss of 0.77%, and the technology-centric Nasdaq decreased by 1.49%.The toy maker's stock has dropped by 10.78% in the past month, falling short of the Consumer Discretionary sector's loss of 0.11% and the S&P 500's gain of 0.4%.Analysts and investors alike will be keeping a close eye on the performance of Hasbro in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.37, showcasing a 2.63% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.03 billion, indicating a 20.28% decline compared to the corresponding quarter of the prior year.For the full year, the Zacks Consensus Estimates are projecting earnings of $3.93 per share and revenue of $4.06 billion, which would represent changes of +56.57% and -18.82%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Hasbro. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Hasbro is holding a Zacks Rank of #3 (Hold) right now.Looking at valuation, Hasbro is presently trading at a Forward P/E ratio of 14.5. This represents a premium compared to its industry's average Forward P/E of 13.44.Also, we should mention that HAS has a PEG ratio of 0.53. 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 average PEG ratio for the Toys - Games - Hobbies industry stood at 0.93 at the close of the market yesterday.The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 13, this industry ranks in the top 6% 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.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>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 ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks