Hanesbrands Inc (NYSE: HBI) closed the day trading at $4.69 down -3.30% from the previous closing price of $4.85. On the day, 8149665 shares were traded.
Ratios:
For a better understanding of HBI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 8.96 whereas as Long-Term Debt/Eq ratio is at 8.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Credit Suisse on November 10, 2022, Downgraded its rating to Neutral and sets its target price to $7 from $10 previously.
On October 31, 2022, Wells Fargo Downgraded its rating to Underweight which previously was Overweight and also lowered its target price recommendation from $13 to $5.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 3.92.
Stock Price History:
Over the past 52 weeks, HBI has reached a high of $5.86, while it has fallen to a 52-week low of $3.54.
Shares Statistics:
A total of 350.14M shares are outstanding, with a floating share count of 346.77M. Insiders hold about 1.36% of the company’s shares, while institutions hold 86.67% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from SPDR Series Trust SPDR S&P Bio analysts. The consensus estimate for the next quarter is $4.07, with high estimates of $193.73 and low estimates of $4.69.
Analysts are recommending an EPS of between $Industrials and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Industrials.
