Here's Why Hasbro (HAS) Fell More Than Broader Market

Company Performance - Hasbro's stock closed at $52.49, reflecting a -1.61% change from the previous session, underperforming the S&P 500's loss of 0.17% [1] - Over the past month, Hasbro's shares have depreciated by 11.41%, compared to a 6.68% loss in the Consumer Discretionary sector and a 3.94% loss in the S&P 500 [1] Upcoming Earnings Report - Hasbro is scheduled to release its earnings on April 24, 2025, with projected earnings of$ 0.73 per share, indicating a year-over-year growth of 19.67% [2] - The consensus estimate for revenue is $769.7 million, representing a 1.64% increase compared to the same quarter of the previous year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of$ 4.16 per share and revenue of $4.15 billion for the year, reflecting changes of +3.74% and +0.38% respectively compared to the previous year [3] - Recent revisions to analyst forecasts are crucial as they reflect near-term business trends, with positive alterations indicating analyst optimism [3] Valuation Metrics - Hasbro's Forward P/E ratio is currently 12.84, which is a premium compared to the industry average Forward P/E of 8.95 [6] - The company has a PEG ratio of 1.91, while the average PEG ratio for Toys - Games - Hobbies stocks is 1.78 [7] Industry Context - The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 204, placing it in the bottom 18% of all industries [8] - The Zacks Industry Rank evaluates the performance of industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]