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As of close of business last night, Hanesbrands Inc’s stock clocked out at $6.09, up 1.16% from its previous closing price of $6.02. In other words, the price has increased by $1.16 from its previous closing price. On the day, 12.46 million shares were traded. HBI stock price reached its highest trading level at $6.18 during the session, while it also had its lowest trading level at $5.982.
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 11.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 11.03 whereas as Long-Term Debt/Eq ratio is at 10.54.
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 2141018752 and an Enterprise Value of 5656357888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 6.33. Its current Enterprise Value per Revenue stands at 1.047 whereas that against EBITDA is 11.515.
Stock Price History:
Over the past 52 weeks, HBI has reached a high of $6.15, while it has fallen to a 52-week low of $3.54. The 50-Day Moving Average of the stock is 19.75%, while the 200-Day Moving Average is calculated to be 30.26%.
Shares Statistics:
It appears that HBI traded 7.52M shares on average per day over the past three months and 14557870 shares per day over the past ten days. A total of 350.14M shares are outstanding, with a floating share count of 347.26M. Insiders hold about 1.22% of the company’s shares, while institutions hold 99.50% stake in the company. Shares short for HBI as of 1721001600 were 51881069 with a Short Ratio of 6.90, compared to 1718323200 on 51643950. Therefore, it implies a Short% of Shares Outstanding of 51881069 and a Short% of Float of 20.4.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
