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The closing price of Hanesbrands Inc (NYSE: HBI) was $4.48 for the day, up 0.90% from the previous closing price of $4.44. In other words, the price has increased by $0.90 from its previous closing price. On the day, 4.44 million shares were traded. HBI stock price reached its highest trading level at $4.55 during the session, while it also had its lowest trading level at $4.43.
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 7.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.04. 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 1574975360 and an Enterprise Value of 5138601472. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 3.74. Its current Enterprise Value per Revenue stands at 0.912 whereas that against EBITDA is 10.976.
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 -12.21%, while the 200-Day Moving Average is calculated to be -2.50%.
Shares Statistics:
HBI traded an average of 9.50M shares per day over the past three months and 6666860 shares per day over the past ten 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 86.04% stake in the company. Shares short for HBI as of 1713139200 were 50989124 with a Short Ratio of 5.37, compared to 1710460800 on 49017425. Therefore, it implies a Short% of Shares Outstanding of 50989124 and a Short% of Float of 20.05.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.02.
