Hasbro (HAS) closed the most recent trading day at $70.42, moving +0.9% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.2%.

Shares of the toy maker witnessed a gain of 5.22% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 2.35% and the S&P 500's gain of 1.54%.

The upcoming earnings release of Hasbro will be of great interest to investors. It is anticipated that the company will report an EPS of $1.30, marking a 20.73% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.31 billion, down 13.03% from the year-ago period.

HAS's full-year Zacks Consensus Estimates are calling for earnings of $3.93 per share and revenue of $4.17 billion. These results would represent year-over-year changes of +56.57% and -16.69%, respectively.

Investors might also notice recent changes to analyst estimates for Hasbro. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. As of now, Hasbro holds a Zacks Rank of #3 (Hold).

With respect to valuation, Hasbro is currently being traded at a Forward P/E ratio of 17.76. This signifies a premium in comparison to the average Forward P/E of 15.53 for its industry.

We can additionally observe that HAS currently boasts a PEG ratio of 0.54. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Toys - Games - Hobbies industry stood at 1.24 at the close of the market yesterday.

The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 210, putting it in the bottom 17% of all 250+ industries.