Hanesbrands Stock Analysis
HBI Stock | USD 5.60 0.24 4.48% |
Hanesbrands is overvalued with Real Value of 4.59 and Target Price of 4.69. The main objective of Hanesbrands stock analysis is to determine its intrinsic value, which is an estimate of what Hanesbrands is worth, separate from its market price. There are two main types of Hanesbrands' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Hanesbrands' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Hanesbrands' stock to identify patterns and trends that may indicate its future price movements.
The Hanesbrands stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Hanesbrands is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Hanesbrands Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Hanesbrands' ongoing operational relationships across important fundamental and technical indicators.
Hanesbrands |
Hanesbrands Stock Analysis Notes
About 89.0% of the company shares are owned by institutional investors. The book value of Hanesbrands was currently reported as 1.2. The company has Price/Earnings To Growth (PEG) ratio of 0.14. Hanesbrands recorded a loss per share of 0.05. The entity last dividend was issued on the 21st of November 2022. The firm had 4:1 split on the 4th of March 2015. Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina. Hanesbrands operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 59000 people. To learn more about Hanesbrands call Richard Noll at 336 519 8080 or check out https://www.hanes.com.Hanesbrands Quarterly Total Revenue |
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Hanesbrands Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Hanesbrands' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Hanesbrands or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Hanesbrands had very high historical volatility over the last 90 days | |
The company reported the last year's revenue of 5.64 B. Reported Net Loss for the year was (17.73 M) with profit before taxes, overhead, and interest of 2.25 B. | |
Hanesbrands has a strong financial position based on the latest SEC filings | |
Over 89.0% of the company shares are owned by institutional investors | |
Latest headline from news.google.com: Hanesbrands Inc. Stock Do Analysts Think You Should Buy - InvestorsObserver |
Hanesbrands Upcoming and Recent Events
Earnings reports are used by Hanesbrands to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hanesbrands previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024 Upcoming Quarterly Report | View | |
1st of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
1st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Hanesbrands Largest EPS Surprises
Earnings surprises can significantly impact Hanesbrands' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2023-08-10 | 2023-06-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2023-05-03 | 2023-03-31 | -0.07 | -0.06 | 0.01 | 14 | ||
2012-04-19 | 2012-03-31 | -0.08 | -0.07 | 0.01 | 12 |
Hanesbrands Thematic Classifications
In addition to having Hanesbrands stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Macroaxis IndexMacroaxis power theme of selected equities with solid fundamentals |
Hanesbrands Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hanesbrands is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hanesbrands backward and forwards among themselves. Hanesbrands' institutional investor refers to the entity that pools money to purchase Hanesbrands' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Renaissance Technologies Corp | 2023-12-31 | 4.4 M | Brandes Investment Partners & Co | 2023-12-31 | 4.3 M | Morningstar Investment Services Llc | 2023-12-31 | 4.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4.1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 4 M | Northern Trust Corp | 2023-12-31 | 3.8 M | Bank Of New York Mellon Corp | 2023-12-31 | 2.9 M | Amvescap Plc. | 2023-12-31 | 2.7 M | Allianz Asset Management Ag | 2023-12-31 | 2.2 M | Blackrock Inc | 2023-12-31 | 56.7 M | Vanguard Group Inc | 2023-12-31 | 38.9 M |
Hanesbrands Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hanesbrands's market, we take the total number of its shares issued and multiply it by Hanesbrands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Hanesbrands Profitablity
Hanesbrands' profitability indicators refer to fundamental financial ratios that showcase Hanesbrands' ability to generate income relative to its revenue or operating costs. If, let's say, Hanesbrands is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hanesbrands' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hanesbrands' profitability requires more research than a typical breakdown of Hanesbrands' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.13 | 0.14 | |
Return On Assets | (0.02) | (0.02) | |
Return On Equity | (0.38) | (0.36) |
Management Efficiency
Hanesbrands has Return on Asset of 0.0374 % which means that on every $100 spent on assets, it made $0.0374 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0434) %, meaning that it generated no profit with money invested by stockholders. Hanesbrands' management efficiency ratios could be used to measure how well Hanesbrands manages its routine affairs as well as how well it operates its assets and liabilities. The Hanesbrands' current Return On Capital Employed is estimated to increase to 0.14, while Return On Assets are forecasted to increase to (0.02). As of now, Hanesbrands' Asset Turnover is increasing as compared to previous years.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 5.03 | 5.06 | |
Enterprise Value Multiple | 9.19 | 10.13 | |
Price Fair Value | 5.03 | 5.06 |
The analysis of Hanesbrands' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hanesbrands' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hanesbrands Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.581 |
Technical Drivers
As of the 28th of March, Hanesbrands retains the Downside Deviation of 3.64, market risk adjusted performance of 0.2487, and Risk Adjusted Performance of 0.0938. Hanesbrands technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed nineteen technical drivers for Hanesbrands, which can be compared to its competitors. Please check out Hanesbrands maximum drawdown, and the relationship between the information ratio and downside variance to decide if Hanesbrands is priced fairly, providing market reflects its last-minute price of 5.6 per share. Given that Hanesbrands has jensen alpha of 0.2348, we strongly advise you to confirm Hanesbrands's regular market performance to make sure the company can sustain itself at a future point.Hanesbrands Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hanesbrands middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hanesbrands. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Hanesbrands Outstanding Bonds
Hanesbrands issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hanesbrands uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hanesbrands bonds can be classified according to their maturity, which is the date when Hanesbrands has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
HBI 9 15 FEB 31 Corp BondUS410345AQ54 | View | |
Hanesbrands 4875 percent Corp BondUS410345AL67 | View |
Hanesbrands Predictive Daily Indicators
Hanesbrands intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hanesbrands stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 189133.0 | |||
Daily Balance Of Power | 1.263158 | |||
Rate Of Daily Change | 1.04 | |||
Day Median Price | 5.51 | |||
Day Typical Price | 5.54 | |||
Price Action Indicator | 0.21 | |||
Period Momentum Indicator | 0.24 |
Hanesbrands Corporate Filings
11th of March 2024 Other Reports | ViewVerify | |
F4 | 1st of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 16th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 15th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 14th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 6th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 31st of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Hanesbrands Forecast Models
Hanesbrands' time-series forecasting models are one of many Hanesbrands' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hanesbrands' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Hanesbrands Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Hanesbrands prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hanesbrands shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hanesbrands. By using and applying Hanesbrands Stock analysis, traders can create a robust methodology for identifying Hanesbrands entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.07 | 0.07 | |
Operating Profit Margin | 0.07 | 0.07 | |
Net Loss | (0.02) | (0.02) | |
Gross Profit Margin | 0.32 | 0.27 |
Current Hanesbrands Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hanesbrands analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hanesbrands analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
4.69 | Hold | 8 | Odds |
Most Hanesbrands analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hanesbrands stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hanesbrands, talking to its executives and customers, or listening to Hanesbrands conference calls.
Hanesbrands Stock Analysis Indicators
Hanesbrands stock analysis indicators help investors evaluate how Hanesbrands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hanesbrands shares will generate the highest return on investment. By understating and applying Hanesbrands stock analysis, traders can identify Hanesbrands position entry and exit signals to maximize returns.
Begin Period Cash Flow | 238.4 M | |
Long Term Debt | 3.2 B | |
Common Stock Shares Outstanding | 350.6 M | |
Total Stockholder Equity | 419.4 M | |
Tax Provision | 476.7 M | |
Quarterly Earnings Growth Y O Y | -0.466 | |
Property Plant And Equipment Net | 843.3 M | |
Cash And Short Term Investments | 205.5 M | |
Cash | 205.5 M | |
Accounts Payable | 736.3 M | |
Net Debt | 3.6 B | |
50 Day M A | 4.8892 | |
Total Current Liabilities | 1.4 B | |
Other Operating Expenses | 5.3 B | |
Non Current Assets Total | 3.4 B | |
Forward Price Earnings | 13.4048 | |
Non Currrent Assets Other | 150.4 M | |
Stock Based Compensation | 20.5 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.Note that the Hanesbrands information on this page should be used as a complementary analysis to other Hanesbrands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Hanesbrands Stock analysis
When running Hanesbrands' price analysis, check to measure Hanesbrands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanesbrands is operating at the current time. Most of Hanesbrands' value examination focuses on studying past and present price action to predict the probability of Hanesbrands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanesbrands' price. Additionally, you may evaluate how the addition of Hanesbrands to your portfolios can decrease your overall portfolio volatility.
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Is Hanesbrands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanesbrands. If investors know Hanesbrands will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanesbrands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Earnings Share (0.05) | Revenue Per Share 16.077 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0374 |
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.