We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Hasbro (HAS) Stock Outpacing Its Consumer Discretionary Peers This Year?
Read MoreHide Full Article
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Hasbro (HAS - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Hasbro is one of 249 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. HAS is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for HAS's full-year earnings has moved 4.17% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, HAS has returned 28.16% so far this year. In comparison, Consumer Discretionary companies have returned an average of 12.97%. This means that Hasbro is outperforming the sector as a whole this year.
Looking more specifically, HAS belongs to the Toys - Games - Hobbies industry, a group that includes 8 individual stocks and currently sits at #85 in the Zacks Industry Rank. Stocks in this group have gained about 9.84% so far this year, so HAS is performing better this group in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track HAS. The stock will be looking to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Hasbro (HAS) Stock Outpacing Its Consumer Discretionary Peers This Year?
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Hasbro (HAS - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Hasbro is one of 249 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. HAS is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for HAS's full-year earnings has moved 4.17% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, HAS has returned 28.16% so far this year. In comparison, Consumer Discretionary companies have returned an average of 12.97%. This means that Hasbro is outperforming the sector as a whole this year.
Looking more specifically, HAS belongs to the Toys - Games - Hobbies industry, a group that includes 8 individual stocks and currently sits at #85 in the Zacks Industry Rank. Stocks in this group have gained about 9.84% so far this year, so HAS is performing better this group in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track HAS. The stock will be looking to continue its solid performance.