Hasbro (HAS) closed the latest trading session at $58.55, showing a +0.45% increase from the previous day. The stock outperformed the S&P 500, which experienced a daily loss of 0.47%. Additionally, the Dow and Nasdaq saw declines of 0.31% and 0.51%, respectively.
Hasbro’s shares have surged by 4.26% in the last month, surpassing the Consumer Discretionary sector’s gain of 2.51% and the S&P 500’s gain of 1.67%.
Hasbro’s Earnings Report and Analyst Estimates
Investors are eagerly awaiting Hasbro’s upcoming earnings report scheduled for February 20, 2025. The company is expected to report an EPS of $0.36, a 5.26% decrease from the previous year. Revenue is anticipated to be $1.03 billion, marking a 20.39% decline year-over-year.
Analysts’ revisions to Hasbro’s estimates reflect changing business trends. Positive estimate adjustments indicate optimism about the company’s future performance.
Utilizing the Zacks Rank System
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), has a strong track record of outperforming the market. Stocks rated #1 have historically yielded an average annual return of +25% since 1988. Hasbro currently holds a Zacks Rank of #3 (Hold).
Valuation and Industry Comparison
Hasbro’s Forward P/E ratio stands at 13.49, indicating a premium compared to the industry average of 12.65. The stock also boasts a favorable PEG ratio of 0.5, lower than the industry average of 0.89.
The Toys – Games – Hobbies industry, to which Hasbro belongs, holds a Zacks Industry Rank of 40, placing it in the top 16% of industries analyzed.
Industry Performance and Zacks Industry Rank
The Zacks Industry Rank demonstrates industry strength based on individual stock ratings. Industries in the top 50% typically outperform the bottom half by a 2 to 1 margin.
For more insights on Hasbro’s performance, investors are encouraged to visit Zacks.com.
Discover Top Stock Picks
Explore the latest selection of elite stocks handpicked by experts for potential early price growth. The Zacks Rank #1 Strong Buys have historically outperformed the market, delivering an average annual gain of +24.3% since 1988.
Don’t miss out on these 7 top stock picks. See them now >>
