Hasbro (HAS) Ascends But Remains Behind Market: Some Facts to Note

Core Viewpoint - Hasbro is set to report earnings that indicate potential growth, but the stock has underperformed compared to broader market indices recently [1][2][3]. Group 1: Stock Performance - Hasbro's stock closed at $59.79, reflecting a +0.83% change from the previous day, which is lower than the S&P 500's gain of 2.13% [1]. - Over the past month, Hasbro's shares have decreased by 1.58%, which is less severe than the Consumer Discretionary sector's decline of 12.53% and the S&P 500's drop of 9.57% [1]. Group 2: Earnings Projections - Hasbro is projected to report earnings of $0.71 per share, representing a year-over-year growth of 16.39% [2]. - The consensus estimate for Hasbro's revenue is $775.46 million, indicating a 2.4% increase from the same quarter last year [2]. - Full-year estimates suggest earnings of $4.22 per share and revenue of $4.17 billion, reflecting year-over-year changes of +5.24% and +0.78%, respectively [3]. Group 3: Analyst Forecasts and Rankings - Recent revisions to analyst forecasts for Hasbro are crucial as they indicate changing business trends, with positive revisions suggesting confidence in the company's performance [4]. - The Zacks Rank system currently rates Hasbro at 4 (Sell), with a recent decline of 2.35% in the consensus EPS estimate over the past month [6]. Group 4: Valuation Metrics - Hasbro's Forward P/E ratio stands at 14.05, which is higher than the industry average of 11.58 [7]. - The company has a PEG ratio of 2.09, compared to the industry average PEG ratio of 2.11 [8]. Group 5: Industry Context - The Toys - Games - Hobbies industry, part of the Consumer Discretionary sector, ranks 190 out of over 250 industries, placing it in the bottom 25% [9].