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Hanesbrands (HBI)
NYSE:HBI
Holding HBI?
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HBI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.58 - $7.57
Previous Close$7.27
Volume3.90M
Average Volume (3M)6.96M
Market Cap
$2.44B
Enterprise Value$5.78B
Total Cash (Recent Filing)$213.77M
Total Debt (Recent Filing)$3.55B
Price to Earnings (P/E)―
Beta1.54
Next Earnings
Nov 07, 2024EPS Estimate
$0.12Last Dividend Ex-Date
Nov 21, 2022Dividend YieldN/A
Share Statistics
EPS (TTM)-0.85
Shares Outstanding351,684,726
10 Day Avg. Volume4,623,285
30 Day Avg. Volume6,958,550
Standard Deviation0.14
R-Squared0.35
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)40.39
Price to Sales (P/S)0.49
Price to Cash Flow (P/CF)7.80
P/FCF Ratio3.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.17
Enterprise Value/Gross Profit3.05
Enterprise Value/Ebitda40.27
Forecast
1Y Price Target
$5.63Price Target Upside-22.45% Downside
Rating ConsensusHold
Number of Analyst Covering4
Hanesbrands News
PremiumCompany Announcements
Hanesbrands Enhances Operations with Champion Sale and Debt ReductionPremiumCompany Announcements
Hanesbrands Sells Champion IP, Executive Vanessa LeFebvre Exits
PremiumCompany Announcements
Hanesbrands Updates Investors on Champion Sale, Outlet Changes
Bulls Say, Bears Say
Bulls Say
Debt ManagementThe sale will bring $900M in debt relief resulting in ~$75M in interest savings.
Financial PerformanceHBI delivered a better 2Q with innerwear and GM upside and raised their FY EBIT plan.
Operational EfficiencyHBI is focusing on optimizing its supply chain through automation and SKU management, reducing its manufacturing footprint and overhead costs.
Bears Say
Financial LeverageHBI still remains a levered asset at ~3.5x leverage, w/ lower future cash flows and 2026 refi risk.
Future Growth And ManagementThere remains concerns on HBI's ability to sustainably grow, manage the new cost structure, and continue to manage leverage.
Sales Performance2Q organic CC sales declined 1% as US and Australia weighed on the top line.
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Ownership Overview
1.17% Insiders
21.42% Mutual Funds
0.55% Other Institutional Investors
44.22% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HBI FAQ
What was Hanesbrands’s price range in the past 12 months?
Hanesbrands lowest stock price was $3.58 and its highest was $7.57 in the past 12 months.
What is Hanesbrands’s market cap?
Currently, no data Available
When is Hanesbrands’s upcoming earnings report date?
Hanesbrands’s upcoming earnings report date is Nov 07, 2024 which is in 9 days.
How were Hanesbrands’s earnings last quarter?
Hanesbrands released its earnings results on Aug 08, 2024. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.092 by $0.058.
Is Hanesbrands overvalued?
According to Wall Street analysts Hanesbrands’s price is currently Overvalued.
Does Hanesbrands pay dividends?
Hanesbrands pays a Quarterly dividend of $0.15 which represents an annual dividend yield of N/A. See more information on Hanesbrands dividends here
What is Hanesbrands’s EPS estimate?
Hanesbrands’s EPS estimate is $0.12.
How many shares outstanding does Hanesbrands have?
Hanesbrands has 351,684,720 shares outstanding.
What happened to Hanesbrands’s price movement after its last earnings report?
Hanesbrands reported an EPS of $0.15 in its last earnings report, beating expectations of $0.092. Following the earnings report the stock price went up 18.077%.
Which hedge fund is a major shareholder of Hanesbrands?
Among the largest hedge funds holding Hanesbrands’s share is Brandes Investment Partners LP. It holds Hanesbrands’s shares valued at 24M.
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Hanesbrands Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$5.63 (-22.45% Downside)
$5.63 (-22.45% Downside)
Blogger Sentiment
Bullish
HBI Sentiment 88%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 364.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
74.34%
12-Months-Change
Fundamentals
Return on Equity
-66.22%
Trailing 12-Months
Asset Growth
-14.32%
Trailing 12-Months
Company Description
Hanesbrands
Hanesbrands, Inc. is a consumer goods company, which engages in the design, manufacture, sourcing, and sale of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia Pacific. It operates through the following three segments: Innerwear, Activewear, and International. The Innerwear segment includes core apparel products, such as men's underwear, women's panties, children's underwear, socks and intimate apparel, sold in the United States (US). The Activewear segment consists of activewear products, such as T-shirts, fleece, performance apparel, sport shirts and thermals, sold in the US. The International segment composes of innerwear, activewear, hosiery and home goods products, sold outside of the US. Its brands include Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex, Bras N Things, Nur Die/Nur Der, Alternative, L'eggs, JMS/Just My Size, Lovable, Wonderbra, Berlei, and Gear for Sports. The company was founded by J. Wesley Hanes in 1901 and is headquartered in Winston-Salem, NC.
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HBI Earnings Call
Q2 2024
0:00 / 0:00
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HBI Net sales Breakdown
42.85% Innerwear
31.02% International
22.21% Activewear
3.92% Other
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HBI Stock 12 Month Forecast
Average Price Target
$5.63
▼(-22.45% Downside)
Technical Analysis
Best Analysts Covering HBI
1 Year
1 Year Success Rate
5/21 ratings generated profit
1 Year Average Return
-27.60%
assigned a sell rating 3 months ago
Copying Ike Boruchow's trades and holding each position for 1 Year would result in 23.81% of your transactions generating a profit, with an average return of -27.60% per trade.
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