For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Hanesbrands Inc’s stock clocked out at $6.10, down -1.13% from its previous closing price of $6.17. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 7.02 million shares were traded. HBI stock price reached its highest trading level at $6.26 during the session, while it also had its lowest trading level at $5.94.
Ratios:
To gain a deeper understanding of HBI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.33. 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 2169891840 and an Enterprise Value of 5482510848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 33.31. Its current Enterprise Value per Revenue stands at 0.998 whereas that against EBITDA is 10.215.
Stock Price History:
Over the past 52 weeks, HBI has reached a high of $6.77, while it has fallen to a 52-week low of $3.54. The 50-Day Moving Average of the stock is 6.69%, while the 200-Day Moving Average is calculated to be 23.27%.
Shares Statistics:
It appears that HBI traded 8.56M shares on average per day over the past three months and 5647660 shares per day over the past ten days. 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 97.98% stake in the company. Shares short for HBI as of 1723680000 were 51570661 with a Short Ratio of 6.02, compared to 1721001600 on 51881069. Therefore, it implies a Short% of Shares Outstanding of 51570661 and a Short% of Float of 20.26.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
