We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Hasbro (HAS - Free Report) closed the most recent trading day at $70.42, moving +0.9% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.2%.
Shares of the toy maker witnessed a gain of 5.22% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 2.35% and the S&P 500's gain of 1.54%.
The upcoming earnings release of Hasbro will be of great interest to investors. It is anticipated that the company will report an EPS of $1.30, marking a 20.73% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.31 billion, down 13.03% from the year-ago period.
HAS's full-year Zacks Consensus Estimates are calling for earnings of $3.93 per share and revenue of $4.17 billion. These results would represent year-over-year changes of +56.57% and -16.69%, respectively.
Investors might also notice recent changes to analyst estimates for Hasbro. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. As of now, Hasbro holds a Zacks Rank of #3 (Hold).
With respect to valuation, Hasbro is currently being traded at a Forward P/E ratio of 17.76. This signifies a premium in comparison to the average Forward P/E of 15.53 for its industry.
We can additionally observe that HAS currently boasts a PEG ratio of 0.54. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Toys - Games - Hobbies industry stood at 1.24 at the close of the market yesterday.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 210, putting it in the bottom 17% of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why Hasbro (HAS) Outpaced the Stock Market Today
Hasbro (HAS - Free Report) closed the most recent trading day at $70.42, moving +0.9% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.2%.
Shares of the toy maker witnessed a gain of 5.22% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 2.35% and the S&P 500's gain of 1.54%.
The upcoming earnings release of Hasbro will be of great interest to investors. It is anticipated that the company will report an EPS of $1.30, marking a 20.73% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.31 billion, down 13.03% from the year-ago period.
HAS's full-year Zacks Consensus Estimates are calling for earnings of $3.93 per share and revenue of $4.17 billion. These results would represent year-over-year changes of +56.57% and -16.69%, respectively.
Investors might also notice recent changes to analyst estimates for Hasbro. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. As of now, Hasbro holds a Zacks Rank of #3 (Hold).
With respect to valuation, Hasbro is currently being traded at a Forward P/E ratio of 17.76. This signifies a premium in comparison to the average Forward P/E of 15.53 for its industry.
We can additionally observe that HAS currently boasts a PEG ratio of 0.54. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Toys - Games - Hobbies industry stood at 1.24 at the close of the market yesterday.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 210, putting it in the bottom 17% of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.