In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Hanesbrands Inc’s stock clocked out at $5.98, up 1.87% from its previous closing price of $5.87. In other words, the price has increased by $1.87 from its previous closing price. On the day, 7.6 million shares were traded.
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 9.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.33. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 61.99.
Stock Price History:
Over the past 52 weeks, HBI has reached a high of $9.10, while it has fallen to a 52-week low of $4.40. The 50-Day Moving Average of the stock is -21.34%, while the 200-Day Moving Average is calculated to be -11.49%.
Shares Statistics:
A total of 352.54M shares are outstanding, with a floating share count of 348.92M. Insiders hold about 1.19% of the company’s shares, while institutions hold 99.91% stake in the company.
