Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Hanesbrands Inc (NYSE: HBI) closed at $4.91 up 1.87% from its previous closing price of $4.82. In other words, the price has increased by $1.87 from its previous closing price. On the day, 3.17 million shares were traded.
Ratios:
For a deeper understanding of Hanesbrands Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 60.44 whereas as Long-Term Debt/Eq ratio is at 58.43.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 0.48 while its Price-to-Book (P/B) ratio in mrq is 39.96.
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 $4.02. The 50-Day Moving Average of the stock is -1.82%, while the 200-Day Moving Average is calculated to be -27.19%.
Shares Statistics:
A total of 353.64M shares are outstanding, with a floating share count of 347.58M. Insiders hold about 1.71% of the company’s shares, while institutions hold 94.99% stake in the company.
