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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.6%. By the end of trading, Hasbro fell $0.74 (-1.4%) to $52.98 on average volume. Throughout the day, 1,750,159 shares of Hasbro exchanged hands as compared to its average daily volume of 1,560,300 shares. The stock ranged in price between $52.66-$53.89 after having opened the day at $53.83 as compared to the previous trading day's close of $53.72. Other companies within the Consumer Durables industry that declined today were: Escalade ( ESCA), down 6.7%, Ethan Allen Interiors ( ETH), down 5.6%, Mattress Firm ( MFRM), down 4.6% and Select Comfort Corporation ( SCSS), down 3.7%.

Hasbro, Inc., together with its subsidiaries, provides children's and family leisure time products and services worldwide. Hasbro has a market cap of $7.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 24.7, above the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Hasbro a buy, no analysts rate it a sell, and 5 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 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, Koss Corporation ( KOSS), up 14.0%, Harman International Industries ( HAR), up 3.0%, Gaming Partners International Corporation ( GPIC), up 2.4% and Herman Miller ( MLHR), up 2.3% , were all gainers within the consumer durables industry with Fossil Group ( FOSL) 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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