In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Hanesbrands Inc (NYSE: HBI) closed at $8.39 in the last session, up 0.48% from day before closing price of $8.35. In other words, the price has increased by $0.48 from its previous closing price. On the day, 3.48 million shares were traded. HBI stock price reached its highest trading level at $8.41 during the session, while it also had its lowest trading level at $8.222.
Ratios:
We take a closer look at HBI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.87. 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:
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 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 2957441536 and an Enterprise Value of 6161550848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 19.76. Its current Enterprise Value per Revenue stands at 1.127 whereas that against EBITDA is 10.264.
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 4.92%, while the 200-Day Moving Average is calculated to be 35.71%.
Shares Statistics:
According to the various share statistics, HBI traded on average about 5.90M shares per day over the past 3-months and 6602300 shares per day over the past 10 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 98.31% stake in the company. Shares short for HBI as of 1732838400 were 47246329 with a Short Ratio of 8.27, compared to 1730332800 on 46686449. Therefore, it implies a Short% of Shares Outstanding of 47246329 and a Short% of Float of 18.509999999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
