A share price of Hanesbrands Inc [HBI] is currently trading at $4.89, up 2.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The HBI shares have gain 6.54% over the last week, with a monthly amount glided 8.43%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hanesbrands Inc [NYSE: HBI] stock has seen the most recent analyst activity on November 26, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $11 from $9. Previously, Credit Suisse downgraded its rating to Neutral on November 10, 2022, and dropped its price target to $7. On October 31, 2022, downgrade downgraded it’s rating to Underweight and revised its price target to $5 on the stock. Evercore ISI downgraded its rating to a In-line. Barclays downgraded its rating to a Equal Weight and reduced its price target to $13 on June 08, 2022. Stifel downgraded its rating to Hold for this stock on May 06, 2022, and downed its price target to $13. In a note dated October 05, 2021, Wedbush initiated an Neutral rating and provided a target price of $18 on this stock.
Hanesbrands Inc experienced fluctuations in its stock price throughout the past year between $4.02 and $9.10. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Hanesbrands Inc [NYSE: HBI] shares were valued at $4.89 at the most recent close of the market. An investor can expect a potential return of 43.15% based on the average HBI price forecast.
Analyzing the HBI fundamentals
Trailing Twelve Months sales for Hanesbrands Inc [NYSE:HBI] were 3.98B which represents -31.49% decline. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -2.19 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of75.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.82 points at the first support level, and at 4.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.95, and for the 2nd resistance point, it is at 5.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hanesbrands Inc [NYSE:HBI] is 1.37. On the other hand, the Quick Ratio is 0.68, and the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.43, the price to book ratio is 50.69.
Transactions by insiders
Recent insider trading involved MORAN ROBERT F, Director, that happened on Feb 18 ’25 when 74850.0 shares were purchased. Officer, VANESSA LEFEBVRE-ROBINSON completed a deal on Nov 13 ’24 to buy 0.28 million shares.
