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In the latest session, Hanesbrands Inc (NYSE: HBI) closed at $8.03 down -1.35% from its previous closing price of $8.14. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 3.41 million shares were traded. HBI stock price reached its highest trading level at $8.28 during the session, while it also had its lowest trading level at $8.03.
Ratios:
For a deeper understanding of Hanesbrands Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 23.93 whereas as Long-Term Debt/Eq ratio is at 23.05.
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, UBS on November 26, 2024, Upgraded its rating to Buy and sets its target price to $11 from $9 previously.
On November 10, 2022, Credit Suisse Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $10 to $7.
Wells Fargo Downgraded its Overweight to Underweight on October 31, 2022, whereas the target price for the stock was revised from $13 to $5.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 13 ’24 when VANESSA LEFEBVRE-ROBINSON bought 276,394 shares for $7.95 per share.
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 2830542848 and an Enterprise Value of 6091051520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 18.91. Its current Enterprise Value per Revenue stands at 1.114 whereas that against EBITDA is 10.147.
Stock Price History:
Over the past 52 weeks, HBI has reached a high of $9.10, while it has fallen to a 52-week low of $3.88. The 50-Day Moving Average of the stock is -0.33%, while the 200-Day Moving Average is calculated to be 28.79%.
Shares Statistics:
For the past three months, HBI has traded an average of 5.69M shares per day and 5726590 over the past ten days. A total of 351.78M shares are outstanding, with a floating share count of 348.27M. Insiders hold about 1.20% of the company’s shares, while institutions hold 98.34% stake in the company. Shares short for HBI as of 1734048000 were 48755463 with a Short Ratio of 8.57, compared to 1731628800 on 49373017. Therefore, it implies a Short% of Shares Outstanding of 48755463 and a Short% of Float of 19.1.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
