Hasbro (HAS) closed at $94.02 in the latest trading session, marking a -1.59% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.04% for the day. Elsewhere, the Dow lost 0.57%, while the tech-heavy Nasdaq added 0.04%.
Heading into today, shares of the toy maker had gained 2.07% over the past month, lagging the Consumer Discretionary sector's gain of 3.86% and the S&P 500's gain of 12.24%.
The investment community will be closely monitoring the performance of Hasbro in its forthcoming earnings report. The company is scheduled to release its earnings on May 20, 2026. The company's earnings per share (EPS) are projected to be $1.09, reflecting a 4.81% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $984.2 million, up 10.95% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.74 per share and a revenue of $4.95 billion, demonstrating changes of +3.61% and +5.28%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Hasbro. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.45% rise in the Zacks Consensus EPS estimate. At present, Hasbro boasts a Zacks Rank of #2 (Buy).
From a valuation perspective, Hasbro is currently exchanging hands at a Forward P/E ratio of 16.64. This denotes a premium relative to the industry average Forward P/E of 11.41.
It's also important to note that HAS currently trades at a PEG ratio of 2.82. 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. As the market closed yesterday, the Toys - Games - Hobbies industry was having an average PEG ratio of 2.82.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 96, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them 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 Report
This article originally published on Zacks Investment Research (zacks.com).