Hasbro (HAS) Upgraded to Strong Buy: What Does It Mean for the Stock?

Core Viewpoint - Hasbro (HAS) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook for its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates as a key driver of stock price movements, with a strong correlation observed between earnings estimate revisions and near-term stock performance [4][6]. - For the fiscal year ending December 2025, Hasbro is projected to earn $4.70 per share, which remains unchanged from the previous year, but the Zacks Consensus Estimate has increased by 7.2% over the past three months [8]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Hasbro to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].