Hanesbrands Inc [HBI] stock prices are up 2.38% to $6.44 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HBI shares have gain 3.54% over the last week, with a monthly amount glided 3.21%, 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 a Neutral rating and provided a target price of $18 on this stock.
The stock price of Hanesbrands Inc [HBI] has been fluctuating between $3.96 and $9.10 over the past year. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Hanesbrands Inc [NYSE: HBI] shares were valued at $6.44 at the most recent close of the market. An investor can expect a potential return of 8.7% based on the average HBI price forecast.
Analyzing the HBI fundamentals
The Hanesbrands Inc [NYSE:HBI] reported sales of 3.58B for trailing twelve months, representing a drop of -0.41%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.91 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 16.0.
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Ratios To Look Out For
It’s worth pointing out that Hanesbrands Inc [NYSE:HBI]’s Current Ratio is 1.52. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 13.69 and price to earnings (TTM) ratio is 14.48.
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.
