Hanesbrands Inc [NYSE: HBI] gained 3.17% or 0.14 points to close at $4.56 with a heavy trading volume of 4560628 shares.
It opened the trading session at $4.4, the shares rose to $4.57 and dropped to $4.4, the range by which the price of stock traded the whole day. The daily chart for HBI points out that the company has recorded -46.29% loss over the past six months.
If we look at the average trading volume of 5.11M shares, HBI reached to a volume of 4560628 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $4.92 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 3.00. 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 37.12, with the Price to Cash per share for the same quarter was set at 0.50. Price to Free Cash Flow for HBI in the course of the last twelve months was 15.96 with Quick ratio for the last quarter at 0.67.
Trading performance analysis for HBI stock
Hanesbrands Inc [HBI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.59. With this latest performance, HBI shares dropped by -2.77% in over the last four-week period, additionally sinking by -46.29% over the last 6 months – not to mention a drop of -43.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HBI stock in for the last two-week period is set at 45.81, with the RSI for the last a single of trading hit 0.17, and the three-weeks RSI is set at 0.18 for Hanesbrands Inc [HBI]. The present Moving Average for the last 50 days of trading for this stock 4.83, while it was recorded at 4.50 for the last single week of trading, and 6.47 for the last 200 days.
Hanesbrands Inc [HBI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Hanesbrands Inc [HBI] shares currently have an operating margin of 12.74% and a Gross Margin at 41.79%. Hanesbrands Inc’s Net Margin is presently recorded at -6.22%.
Hanesbrands Inc (HBI) Capital Structure & Debt Analysis
According to recent financial data for Hanesbrands Inc. ( HBI), the Return on Equity (ROE) stands at -23.24%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -0.94%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Hanesbrands Inc’s Return on Invested Capital (ROIC) is -8.62%, 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 60.44%, 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 -$5431.95 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.55% and a Quick Ratio of 0.67%, indicating strong ability to cover short-term liabilities.
Hanesbrands Inc [HBI]: An earnings per share (EPS) analysis
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 16.15%.
An analysis of Institutional ownership at Hanesbrands Inc [HBI]
There are presently around $93.30%, or 94.91% 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%.
