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The closing price of Hanesbrands Inc (NYSE: HBI) was $8.61 for the day, up 0.35% from the previous closing price of $8.58. In other words, the price has increased by $0.35 from its previous closing price. On the day, 4.68 million shares were traded. HBI stock price reached its highest trading level at $8.69 during the session, while it also had its lowest trading level at $8.48.
Ratios:
Our analysis of HBI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.05. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3034990336 and an Enterprise Value of 6295499264. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 20.28. Its current Enterprise Value per Revenue stands at 1.152 whereas that against EBITDA is 10.488.
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 $3.70. The 50-Day Moving Average of the stock is 12.33%, while the 200-Day Moving Average is calculated to be 44.43%.
Shares Statistics:
HBI traded an average of 6.31M shares per day over the past three months and 6079690 shares per day 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 98.32% stake in the company. Shares short for HBI as of 1731628800 were 49373017 with a Short Ratio of 7.83, compared to 1728950400 on 46686455. Therefore, it implies a Short% of Shares Outstanding of 49373017 and a Short% of Float of 19.34.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
