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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Ratios:
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
Insider Transactions:
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.
Valuation Measures:
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.
Shares Statistics:
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.
Earnings Estimates
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.
Revenue Estimates
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.
