Hasbro (HAS) Advances While Market Declines: Some Information for Investors

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Hasbro (HAS) Advances While Market Declines: Some Information for Investors

Hasbro (HAS) closed at $92.50 in the latest trading session, marking a +1.93% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.47%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 1.25%.

The toy maker's stock has climbed by 2% in the past month, exceeding the Consumer Discretionary sector's loss of 2.96% and the S&P 500's gain of 1.15%.

The upcoming earnings release of Hasbro will be of great interest to investors. The company's earnings report is expected on October 20, 2026. In that report, analysts expect Hasbro to post earnings of $1.88 per share. This would mark year-over-year growth of 11.9%. In the meantime, our current consensus estimate forecasts the revenue to be $1.47 billion, indicating a 6.2% growth compared to the corresponding quarter of the prior year.

HAS's full-year Zacks Consensus Estimates are calling for earnings of $6.16 per share and revenue of $5.04 billion. These results would represent year-over-year changes of +11.19% and +7.25%, respectively.

Investors should also note any recent changes to 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 business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.29% downward. As of now, Hasbro holds a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Hasbro has a Forward P/E ratio of 14.74 right now. Its industry sports an average Forward P/E of 12.55, so one might conclude that Hasbro is trading at a premium comparatively.

It's also important to note that HAS currently trades at a PEG ratio of 1.56. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Toys - Games - Hobbies industry had an average PEG ratio of 1.68 as trading concluded yesterday.

The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 239, positioning it in the bottom 3% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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