The price of Hanesbrands Inc. (NYSE: HBI) closed at $4.09 in the last session, down -2.39% from day before closing price of $4.19. In other words, the price has decreased by -$0.1000 from its previous closing price. On the day, 5295400 shares were traded. HBI stock price reached its highest trading level at $4.2550 during the session, while it also had its lowest trading level at $4.0100.
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We take a closer look at HBI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 11.22 whereas as Long-Term Debt/Eq ratio is at 10.57.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 12 when Preston Tracy M bought 3,000 shares for $9.36 per share. The transaction valued at 28,065 led to the insider holds 3,000 shares of the business.
Johnson James C bought 2,000 shares of HBI for $18,220 on Sep 09. The Director now owns 26,913 shares after completing the transaction at $9.11 per share. On Sep 07, another insider, MOISON FRANCK J, who serves as the Director of the company, bought 6,470 shares for $8.59 each. As a result, the insider paid 55,581 and bolstered with 49,187 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HBI now has a Market Capitalization of 1.72B and an Enterprise Value of 5.78B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 4.22. Its current Enterprise Value per Revenue stands at 0.96 whereas that against EBITDA is 11.86.
Stock Price History:
Over the past 52 weeks, HBI has reached a high of $12.12, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is 4.7582, while the 200-Day Moving Average is calculated to be 6.6972.
According to the various share statistics, HBI traded on average about 10.94M shares per day over the past 3-months and 7.02M shares per day over the past 10 days. A total of 350.44M shares are outstanding, with a floating share count of 345.65M. Insiders hold about 0.40% of the company’s shares, while institutions hold 87.00% stake in the company. Shares short for HBI as of Apr 27, 2023 were 56.59M with a Short Ratio of 56.59M, compared to 56.33M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 16.19% and a Short% of Float of 20.70%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.69.
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.05, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.21, with high estimates of $0.23 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.38 and $0.21 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.74, with 7 analysts recommending between $0.92 and $0.52.
According to 6 analysts, the current quarter’s revenue is expected to be $1.46B. It ranges from a high estimate of $1.47B to a low estimate of $1.44B. As of the current estimate, Hanesbrands Inc.’s year-ago sales were $1.51B, an estimated decrease of -3.60% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $1.68B, a decrease of -1.40% over than the figure of -$3.60% in the same quarter last year. There is a high estimate of $1.73B for the next quarter, whereas the lowest estimate is $1.63B.
A total of 8 analysts have provided revenue estimates for HBI’s current fiscal year. The highest revenue estimate was $6.14B, while the lowest revenue estimate was $5.91B, resulting in an average revenue estimate of $6.05B. In the same quarter a year ago, actual revenue was $6.23B, down -3.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $6.19B in the next fiscal year. The high estimate is $6.33B and the low estimate is $5.67B. The average revenue growth estimate for next year is up 2.30% from the average revenue estimate for this year.