Hasbro Inc. (HAS): Today's Featured Consumer Durables 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 Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Hasbro fell $0.51 (-1.1%) to $46.97 on average volume. Throughout the day, 1,343,692 shares of Hasbro exchanged hands as compared to its average daily volume of 1,321,500 shares. The stock ranged in price between $46.50-$47.21 after having opened the day at $47.06 as compared to the previous trading day's close of $47.48. Other companies within the Consumer Durables industry that declined today were: Kid Brands ( KID), down 5.3%, Fabrinet ( FN), down 4.7%, Entertainment Gaming Asia ( EGT), down 4.7% and Panasonic Corporation ( PC), down 4.4%.
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Hasbro, Inc., together with its subsidiaries, provides children's and family leisure time products and services worldwide. Hasbro has a market cap of $6.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 35.0% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Hasbro a buy, no analysts rate it a sell, and 6 rate it a hold.

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

On the positive front, Global-Tech Advanced Innovations ( GAI), down 4.0%, SGOCO Group ( SGOC), down 2.4%, Furniture Brands International ( FBN), down 2.1% and Leapfrog ( LF), down 2.0% , were all gainers within the consumer durables industry with VeriFone Systems ( PAY) being today's featured consumer durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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