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The price of Hanesbrands Inc (NYSE: HBI) closed at $4.86 in the last session, down -0.82% from day before closing price of $4.90. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 5.9 million shares were traded. HBI stock price reached its highest trading level at $4.91 during the session, while it also had its lowest trading level at $4.775.
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 8.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.30. 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:
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 1722631936 and an Enterprise Value of 5272017408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 4.06. Its current Enterprise Value per Revenue stands at 0.935 whereas that against EBITDA is 11.261.
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. The 50-Day Moving Average of the stock is -4.74%, while the 200-Day Moving Average is calculated to be 5.66%.
Shares Statistics:
According to the various share statistics, HBI traded on average about 9.65M shares per day over the past 3-months and 7859110 shares per day over the past 10 days. A total of 350.14M shares are outstanding, with a floating share count of 347.27M. Insiders hold about 1.22% of the company’s shares, while institutions hold 86.54% stake in the company. Shares short for HBI as of 1711584000 were 51631181 with a Short Ratio of 5.35, compared to 1709164800 on 45568430. Therefore, it implies a Short% of Shares Outstanding of 51631181 and a Short% of Float of 20.3.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
Earnings Estimates
Its stock is currently analyzed by 6.0 different market analysts. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.1, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0.1, with high estimates of $0.13 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.46 and $0.39 for the fiscal current year, implying an average EPS of $0.43. EPS for the following year is $0.64, with 7.0 analysts recommending between $0.84 and $0.5.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $1.19B. It ranges from a high estimate of $1.24B to a low estimate of $1.17B. As of the current estimate, Hanesbrands Inc’s year-ago sales were $1.36BFor the next quarter, 6 analysts are estimating revenue of $1.34B. There is a high estimate of $1.36B for the next quarter, whereas the lowest estimate is $1.33B.
A total of 8 analysts have provided revenue estimates for HBI’s current fiscal year. The highest revenue estimate was $5.4B, while the lowest revenue estimate was $5.19B, resulting in an average revenue estimate of $5.33B. In the same quarter a year ago, actual revenue was $5.64BBased on 8 analysts’ estimates, the company’s revenue will be $5.45B in the next fiscal year. The high estimate is $5.59B and the low estimate is $4.99B.
