Back to top

Bear of the Day: Hasbro (HAS)

Read MoreHide Full Article

Picking a Bear of the Day after the blood bath we’ve seen in the market feels like kicking a dead horse. So many stocks were crushed in the aftermath of yesterday’s selloff that it’s easy to find one that’s down in the dumps. That’s not the purpose of the Bear of the Day. The purpose is to point out stocks that have seen earnings estimate revisions to the down side. While price is a fickle beast, earnings trends take a long time to develop. Today I’m pointing out one of those negative earnings stories for our Bear of the Day.

Today’s Bear of the Day is Hasbro (HAS - Free Report) . Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

Currently, Hasbro is a Zacks Rank #5 (Strong Sell). The reason for the unfavorable Zacks Rank is the series of negative revisions over the last sixty days. Seven analysts have cut their estimates for the current year and next year. The bearish moves have cut the Zacks Consensus Estimates for the current year from $4.72 to $4.22 while next year’s number has come down from $5.38 to $5.09. That negative pressure has put the stock under some serious stress.  

Hasbro, Inc. Price and Consensus

Hasbro, Inc. Price and Consensus | Hasbro, Inc. Quote

Hasbro is in the Toys/Games/Hobbies industry which ranks in the Bottom 33% of our Zacks Industry Rank. Investors looking for other names in the same industry should check out Zacks Rank #2 (Buy) Take-Two Interactive (TTWO - Free Report) or Zacks Rank #3 (Hold) Electronic Arts (EA - Free Report) .

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

 




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Take-Two Interactive Software, Inc. (TTWO) - free report >>

Hasbro, Inc. (HAS) - free report >>

Electronic Arts Inc. (EA) - free report >>

More from Zacks Bear of the Day

You May Like