Hasbro, Inc. (HAS) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Hasbro's stock has shown strong performance, with a 5.8% increase over the past month and a 43.7% gain since the start of the year, outperforming both the Zacks Consumer Discretionary sector and the Zacks Toys - Games - Hobbies industry [1] Financial Performance - Hasbro has consistently exceeded earnings expectations, reporting an EPS of $1.3 against a consensus estimate of $0.78 in its last earnings report [2] - For the current fiscal year, Hasbro is projected to achieve earnings of $4.79 per share on revenues of $4.37 billion, reflecting a 19.45% increase in EPS and a 5.67% increase in revenues [3] - The next fiscal year forecasts earnings of $5.14 per share on revenues of $4.58 billion, indicating a year-over-year change of 7.4% in EPS and 4.91% in revenues [3] Valuation Metrics - Hasbro's stock trades at 16.8 times current fiscal year EPS estimates, which is above the peer industry average of 11.3 times [7] - On a trailing cash flow basis, the stock trades at 14.5 times compared to the peer group's average of 7.7 times [7] - The stock has a PEG ratio of 1.06, which does not place it among the top tier of stocks from a value perspective [7] Zacks Rank - Hasbro holds a Zacks Rank of 1 (Strong Buy) due to a favorable earnings estimate revision trend [8] - The company meets the criteria for investors looking for stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, suggesting potential for further gains [8]