Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $4.42 in the prior trading day, Hanesbrands Inc (NYSE: HBI) closed at $4.44, up 0.45%. In other words, the price has increased by $0.45 from its previous closing price. On the day, 6.36 million shares were traded. HBI stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $4.41.
Ratios:
Our goal is to gain a better understanding of HBI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 72.23 whereas as Long-Term Debt/Eq ratio is at 70.34.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 18 ’25 when MORAN ROBERT F bought 74,850 shares for $6.01 per share. The transaction valued at 449,899 led to the insider holds 216,373 shares of the business.
VANESSA LEFEBVRE-ROBINSON bought 276,394 shares of HBI for $2,196,503 on Nov 13 ’24.
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 1567803904 and an Enterprise Value of 3904363520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 46.02. Its current Enterprise Value per Revenue stands at 1.113 whereas that against EBITDA is 7.634.
Stock Price History:
The Beta on a monthly basis for HBI is 1.53, which has changed by -0.057324827 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, HBI has reached a high of $9.10, while it has fallen to a 52-week low of $4.02. The 50-Day Moving Average of the stock is -25.70%, while the 200-Day Moving Average is calculated to be -34.94%.
Shares Statistics:
The stock has traded on average 7.97M shares per day over the past 3-months and 11011360 shares per day over the last 10 days, according to various share statistics. A total of 352.54M shares are outstanding, with a floating share count of 347.04M. Insiders hold about 1.72% of the company’s shares, while institutions hold 99.88% stake in the company. Shares short for HBI as of 1743379200 were 26714383 with a Short Ratio of 3.35, compared to 1740700800 on 31139513. Therefore, it implies a Short% of Shares Outstanding of 26714383 and a Short% of Float of 10.47.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 5.02.
