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Hanesbrands Inc (NYSE: HBI) closed the day trading at $6.91 down -3.09% from the previous closing price of $7.13. In other words, the price has decreased by -$3.09 from its previous closing price. On the day, 4.33 million shares were traded. HBI stock price reached its highest trading level at $7.09 during the session, while it also had its lowest trading level at $6.8407.
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 11.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.90. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 55.14 whereas as Long-Term Debt/Eq ratio is at 53.44.
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:
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 2507514368 and an Enterprise Value of 5767375360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 37.73. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is 10.745.
Stock Price History:
Over the past 52 weeks, HBI has reached a high of $7.41, while it has fallen to a 52-week low of $3.58. The 50-Day Moving Average of the stock is 9.20%, while the 200-Day Moving Average is calculated to be 32.78%.
Shares Statistics:
Over the past 3-months, HBI traded about 8.83M shares per day on average, while over the past 10 days, HBI traded about 7682180 shares per day. A total of 350.14M shares are outstanding, with a floating share count of 347.48M. Insiders hold about 1.20% of the company’s shares, while institutions hold 95.31% stake in the company. Shares short for HBI as of 1726185600 were 52593749 with a Short Ratio of 5.96, compared to 1723680000 on 51570661. Therefore, it implies a Short% of Shares Outstanding of 52593749 and a Short% of Float of 20.669999999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
