Shares of Hasbro (HAS) have been strong performers lately, with the stock up 5.5% over the past month. The stock hit a new 52-week high of $86.51 in the previous session. Hasbro has gained 4.4% since the start of the year compared to the 2.5% move for the Zacks Consumer Discretionary sector and the 28.2% return for the Zacks Toys - Games - Hobbies industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 23, 2025, Hasbro reported EPS of $1.68 versus consensus estimate of $1.66 while it beat the consensus revenue estimate by 3.16%.
For the current fiscal year, Hasbro is expected to post earnings of $5.44 per share on $4.54 in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $5.89 per share on $4.81 in revenues. This represents a year-over-year change of 8.58% and 5.96%, respectively.
Valuation Metrics
Though Hasbro has recently hit a 52-week high, what is next for Hasbro? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Hasbro has a Value Score of C. The stock's Growth and Momentum Scores are B and C, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 15.7X current fiscal year EPS estimates, which is a premium to the peer industry average of 11.9X. On a trailing cash flow basis, the stock currently trades at 15.4X versus its peer group's average of 5.6X. Additionally, the stock has a PEG ratio of 1.53. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Hasbro currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Hasbro passes the test. Thus, it seems as though Hasbro shares could have a bit more room to run in the near term.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
