Hanesbrands Inc [NYSE: HBI] price surged by 1.45 percent to reach at $0.09.
A sum of 8990331 shares traded at recent session while its average daily volume was at 8.05M shares. Hanesbrands Inc shares reached a high of $6.33 and dropped to a low of $6.2 until finishing in the latest session at $6.31.
The one-year HBI stock forecast points to a potential downside of -13.08. The average equity rating for HBI stock is currently 2.88, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Hanesbrands Inc [HBI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HBI shares is $5.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HBI stock is a recommendation set at 2.88. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Hanesbrands Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 26, 2024. While these analysts kept the previous recommendation, Credit Suisse raised their target price from $10 to $7. The new note on the price target was released on November 10, 2022, representing the official price target for Hanesbrands Inc stock. Previously, the target price had yet another drop from $13 to $5, while Wells Fargo kept a Underweight rating on HBI stock.
The Price to Book ratio for the last quarter was 13.42, with the Price to Cash per share for the same quarter was set at 0.62. Price to Free Cash Flow for HBI in the course of the last twelve months was 38.71 with Quick ratio for the last quarter at 0.74.
HBI Stock Performance Analysis:
Hanesbrands Inc [HBI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.02. With this latest performance, HBI shares dropped by -2.17% in over the last four-week period, additionally plugging by 7.50% over the last 6 months – not to mention a drop of -22.48% in the past year of trading.
Insight into Hanesbrands Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Hanesbrands Inc [HBI] shares currently have an operating margin of 13.67% and a Gross Margin at 42.35%. Hanesbrands Inc’s Net Margin is presently recorded at 4.43%.
Hanesbrands Inc (HBI) Capital Structure & Debt Analysis
According to recent financial data for Hanesbrands Inc. ( HBI), the Return on Equity (ROE) stands at 154.00%, highlighting impressive shareholder gains. The Return on Assets (ROA) is 3.78%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Hanesbrands Inc’s Return on Invested Capital (ROIC) is 5.97%, showcasing its effectiveness in deploying capital for earnings.
Hanesbrands Inc (HBI) Efficiency & Liquidity Metrics
Based on Hanesbrands Inc’s (HBI) latest financial statements, the Debt-to-Equity Ratio is 15.54%, indicating its reliance on debt financing relative to shareholder equity.
Hanesbrands Inc (HBI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Hanesbrands Inc. (HBI) effectively leverages its workforce, generating an average of $3863.66 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.52% and a Quick Ratio of 0.74%, indicating strong ability to cover short-term liabilities.
HBI Stock EPS
With the latest financial reports released by the company, Hanesbrands Inc posted 0.15/share EPS, while the average EPS was predicted by analysts to be reported at 0.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HBI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hanesbrands Inc go to 21.51%.
Hanesbrands Inc [HBI] Institutonal Ownership Details
There are presently around $92.22%, or 93.81%% of HBI stock, in the hands of institutional investors. The top three institutional holders of HBI stocks are: BLACKROCK INC. with ownership of 53.91 million shares, which is approximately 15.3158%. VANGUARD GROUP INC, holding 40.45 million shares of the stock with an approximate value of $$199.44 million in HBI stocks shares; and VANGUARD GROUP INC, currently with $$174.2 million in HBI stock with ownership which is approximately 10.0386%.
