Hanesbrands Inc. (NYSE:HBI) went up by 4.44% from its latest closing price compared to the recent 1-year high of $17.74. The company’s stock price has collected 11.11% of gains in the last five trading sessions. Press Release reported on 01/05/21 that HanesBrands Wins Infringement Case Against Six Defendants in China
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Is It Worth Investing in Hanesbrands Inc. (NYSE :HBI) Right Now?
Hanesbrands Inc. (NYSE:HBI) scored a price-to-earnings ratio above its average ratio, recording 13.09 x from its present earnings ratio. Plus, the 36-month beta value for HBI is at 1.47. Opinions of the stock are interesting as 5 analysts out of 14 who provided ratings for Hanesbrands Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 6 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $15.00, which is -$1.0 below the current price. HBI currently public float of 343.96M and currently shorts hold a 8.17% ratio of that float. Today, the average trading volume of HBI was 5.60M shares.
HBI’s Market Performance
HBI stocks went up by 11.11% for the week, with a monthly jump of 14.20% and a quarterly performance of -7.35%, while its annual performance rate touched 13.15%. The volatility ratio for the week stands at 4.27% while the volatility levels for the past 30 days are set at 3.31% for Hanesbrands Inc.. The simple moving average for the period of the last 20 days is 10.03% for HBI stocks with a simple moving average of 20.79% for the last 200 days.
Analysts’ Opinion of HBI
Many brokerage firms have already submitted their reports for HBI stocks, with Stifel repeating the rating for HBI by listing it as a “Hold.” The predicted price for HBI in the upcoming period, according to Stifel is $15 based on the research report published on December 14th of the previous year 2020.
Barclays, on the other hand, stated in their research note that they expect to see HBI reach a price target of $18, previously predicting the price at $15. The rating they have provided for HBI stocks is “Overweight” according to the report published on July 31st, 2020.
Raymond James gave a rating of “Strong Buy” to HBI, setting the target price at $20 in the report published on July 15th of the previous year.
HBI Trading at 11.78% from the 50-Day Moving Average
After a stumble in the market that brought HBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.78% of loss for the given period.
Volatility was left at 3.31%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares surge +14.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.09% lower at present.
During the last 5 trading sessions, HBI rose by +11.11%, which changed the moving average for the period of 200-days by +95.36% in comparison to the 20-day moving average, which settled at $14.64. In addition, Hanesbrands Inc. saw 9.74% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HBI starting from MOISON FRANCK J, who sale 2,175 shares at the price of $14.10 back on Dec 16. After this action, MOISON FRANCK J now owns 31,227 shares of Hanesbrands Inc., valued at $30,673 using the latest closing price.
Faircloth Michael E., the Group Pres, Global Ops of Hanesbrands Inc., sale 2,324 shares at $14.73 during a trade that took place back on Nov 24, which means that Faircloth Michael E. is holding 354,585 shares at $34,223 based on the most recent closing price.
Stock Fundamentals for HBI
Current profitability levels for the company are sitting at:
- +13.74 for the present operating margin
- +39.91 for the gross margin
The net margin for Hanesbrands Inc. stands at +8.62. The total capital return value is set at 18.98, while invested capital returns managed to touch 12.84. Equity return is now at value 40.20, with 5.50 for asset returns.
Based on Hanesbrands Inc. (HBI), the company’s capital structure generated 315.09 points at debt to equity in total, while total debt to capital is 75.91. Total debt to assets is 52.98, with long-term debt to equity ratio resting at 292.35. Finally, the long-term debt to capital ratio is 70.43.
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When we switch over and look at the enterprise to sales, we see a ratio of 1.29, with the company’s debt to enterprise value settled at 0.43. The receivables turnover for the company is 8.26 and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.82.
