Hasbro Inc. (HAS): Today's Featured Consumer Goods Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Hasbro ( HAS) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Hasbro fell $1.14 (-3%) to $37.31 on heavy volume. Throughout the day, 7.3 million shares of Hasbro exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $36.60-$37.66 after having opened the day at $37.42 as compared to the previous trading day's close of $38.45. Other companies within the Consumer Goods sector that declined today were: Select Comfort Corporation ( SCSS), down 17.9%, Fuwei Films Company ( FFHL), down 16.4%, Global-Tech Advanced Innovations ( GAI), down 15%, and Bridgford Foods Corporation ( BRID), down 7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Hasbro, Inc., together with its subsidiaries, engages in the provision of children's and family leisure time products and services worldwide. Hasbro has a market cap of $4.95 billion and is part of the consumer durables industry. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Hasbro a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Hasbro as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Oshkosh Corporation ( OSK), up 18.8%, Key Technology ( KTEC), up 9.6%, Furniture Brands International ( FBN), up 8.9%, and Deckers Outdoor Corporation ( DECK), up 7.5%, were all gainers within the consumer goods sector with Delphi Automotive ( DLPH) being today's featured consumer goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

Cramer: How to Avoid Being Amazon Roadkill

Hasbro Has Reached a Tipping Point on the Game Board

Why I Love Apple, Alphabet, Nvidia and These Other Stocks for September

Lego Posts First Sales Decline in 13 Years but Remains a Big Dog in Toyland

Corning, Hasbro, Procter & Gamble: 'Mad Money' Lightning Round