NYSE:HBIHanesbrands Stock Price, Forecast & News

$10.39

+0.10 (+0.97 %)

(As of 06/2/2020 10:14 AM ET)

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Today's Range

$10.33

Now: $10.39▼

$10.58

50-Day Range

$8.25

MA: $9.32▼

$11.30

52-Week Range

$6.96

Now: $10.39▼

$17.69

Volume430,900 shs

Average Volume8.59 million shs

Market Capitalization$3.62 billion

P/E Ratio7.32

Dividend Yield6.09%

Beta1.5

Hanesbrands, Inc. is a consumer goods company, which engages in the design, manufacture, sourcing, and sale of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia Pacific. It operates through the following three segments: Innerwear, Activewear and International. The Innerwear segment includes core apparel products, such as men's underwear, women's panties, children's underwear, socks and intimate apparel, sold in the United States (US). The Activewear segment includes activewear products, such as T-shirts, fleece, performance apparel, sport shirts and thermals, sold in the US. The International segment includes innerwear, activewear, hosiery and home goods products, sold outside of the US. Its brands include Hanes, Champion, Bonds, Maidenform, DIM, Bali, Playtex, Bras N Things, Nur Die/Nur Der, Alternative, L'eggs, JMS/Just My Size, Lovable, Wonderbra, Berlei and Gear for Sports. The company was founded by J. Wesley Hanes in 1901 and is headquartered in Winston Salem, NC.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Hanesbrands has received a consensus rating of Hold. The company's average rating score is 1.91, and is based on 2 buy ratings, 6 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.85, Hanesbrands has a potential upside of 23.7% from its current price of $10.39.
Amount of Analyst Coverage
Hanesbrands has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Hanesbrands has received 743 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Hanesbrands has received 504 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Hanesbrands has received 59.58% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Hanesbrands and other stocks. Vote “Outperform” if you believe HBI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HBI will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Hanesbrands is a leading dividend payer. It pays a dividend yield of 6.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Hanesbrands does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Hanesbrands is 34.09 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Hanesbrands will have a dividend payout ratio of 42.55 % next year. This indicates that Hanesbrands will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hanesbrands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.77% of the stock of Hanesbrands is held by insiders.
Percentage Held by Institutions
98.57% of the stock of Hanesbrands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Hanesbrands are expected to grow by 135.00% in the coming year, from $0.60 to $1.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hanesbrands is 7.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hanesbrands is 7.32, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 28.05.
Price to Earnings Growth Ratio
Hanesbrands has a PEG Ratio of 4.98. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Hanesbrands has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.68 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Apparel & accessory stores

Sub-IndustryApparel Accessories & Luxury Goods

SectorConsumer Discretionary

Current SymbolNYSE:HBI

Previous Symbol

CUSIP41034510

CIK1359841

Webwww.hanes.com

Phone336-519-8080

Debt

Debt-to-Equity Ratio5.26

Current Ratio2.21

Quick Ratio1.11

Price-To-Earnings

Trailing P/E Ratio7.32

Forward P/E Ratio17.32

P/E Growth4.98

Sales & Book Value

Annual Sales$6.97 billion

Price / Sales0.52

Cash Flow$2.28 per share

Price / Cash Flow4.55

Book Value$3.42 per share

Price / Book3.04

Profitability

EPS (Most Recent Fiscal Year)$1.76

Net Income$600.72 million

Net Margins7.75%

Return on Equity50.63%

Return on Assets7.32%

Miscellaneous

Employees63,000

Outstanding Shares348,040,000

Market Cap$3.62 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Hanesbrands (NYSE:HBI) Frequently Asked Questions

How has Hanesbrands' stock been impacted by COVID-19 (Coronavirus)?

Hanesbrands' stock was trading at $10.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HBI stock has increased by 2.2% and is now trading at $10.39. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Hanesbrands?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last year. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hanesbrands.

When is Hanesbrands' next earnings date?

Hanesbrands is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Hanesbrands.

How were Hanesbrands' earnings last quarter?

Hanesbrands Inc. (NYSE:HBI) released its earnings results on Thursday, April, 30th. The textile maker reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.06. The textile maker had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.33 billion. Hanesbrands had a return on equity of 50.63% and a net margin of 7.75%. The business's quarterly revenue was down 17.2% on a year-over-year basis. During the same period last year, the business posted $0.27 EPS. View Hanesbrands' earnings history.

How often does Hanesbrands pay dividends? What is the dividend yield for Hanesbrands?

Hanesbrands declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Tuesday, May 19th will be paid a dividend of $0.15 per share on Tuesday, June 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date of this dividend is Monday, May 18th. View Hanesbrands' dividend history.

When did Hanesbrands' stock split? How did Hanesbrands' stock split work?

Hanesbrands shares split before market open on Wednesday, March 4th 2015. The 4-1 split was announced on Wednesday, January 28th 2015. The newly issued shares were distributed to shareholders after the closing bell on Tuesday, March 3rd 2015. An investor that had 100 shares of Hanesbrands stock prior to the split would have 400 shares after the split.

What price target have analysts set for HBI?

11 analysts have issued 12 month price targets for Hanesbrands' stock. Their forecasts range from $8.00 to $20.00. On average, they anticipate Hanesbrands' stock price to reach $12.85 in the next year. This suggests a possible upside of 23.7% from the stock's current price. View analysts' price targets for Hanesbrands.

Has Hanesbrands been receiving favorable news coverage?

News coverage about HBI stock has trended very positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hanesbrands earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave headlines about the textile maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutHanesbrands.

Are investors shorting Hanesbrands?

Hanesbrands saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 59,900,000 shares, an increase of 6.6% from the April 30th total of 56,180,000 shares. Based on an average daily volume of 9,750,000 shares, the days-to-cover ratio is currently 6.1 days. Approximately 17.5% of the shares of the company are sold short. View Hanesbrands' Current Options Chain.

Who are some of Hanesbrands' key competitors?

Some companies that are related to Hanesbrands include VF (VFC), Ralph Lauren (RL), Columbia Sportswear (COLM), Tapestry (TPR), Carter's (CRI), PVH (PVH), Michael Kors (KORS), Oxford Industries (OXM), G-III Apparel Group (GIII), Movado Group (MOV), Vera Bradley (VRA), Fossil Group (FOSL), Delta Apparel (DLA), Iconix Brand Group (ICON) and Quiksilver (ZQKSQ). View all competitors.

What other stocks do shareholders of Hanesbrands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hanesbrands investors own include AT&T (T), Intel (INTC), Bank of America (BAC), Pfizer (PFE), Walt Disney (DIS), Verizon Communications (VZ), General Electric (GE), Gilead Sciences (GILD), Ford Motor (F) and CVS Health (CVS).

Who are Hanesbrands' key executives?

Hanesbrands' management team includes the following people:

Gerald W. Evans, Chief Executive Officer & Director
Barry A. Hytinen, Chief Financial Officer
Joia M. Johnson, Secretary, CAO & General Counsel
Sidney Falken, Chief Branding Officer
W. Howard Upchurch, President-Innerwear Americas

What is Hanesbrands' stock symbol?

Hanesbrands trades on the New York Stock Exchange (NYSE) under the ticker symbol "HBI."

Who are Hanesbrands' major shareholders?

Hanesbrands' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.38%), State Street Corp (6.21%), Diamond Hill Capital Management Inc. (5.98%), ArrowMark Colorado Holdings LLC (4.60%), Lyrical Asset Management LP (3.90%) and Parnassus Investments CA (2.93%). Company insiders that own Hanesbrands stock include Barry Hytinen, Gerald Evans, Jessica Tuchman Mathews, Joia M Johnson, Michael E Faircloth, Ronald L Nelson and W Howard Upchurch Jr. View institutional ownership trends for Hanesbrands.

Which institutional investors are selling Hanesbrands stock?

HBI stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Squarepoint Ops LLC, Morgan Stanley, Morgan Stanley, Nuveen Asset Management LLC, Lyrical Asset Management LP, New South Capital Management Inc., and Howe & Rusling Inc.. View insider buying and selling activity for Hanesbrands.

Which institutional investors are buying Hanesbrands stock?

HBI stock was acquired by a variety of institutional investors in the last quarter, including Prudential PLC, Diamond Hill Capital Management Inc., Bank of New York Mellon Corp, Korea Investment CORP, Country Trust Bank, Maverick Capital Ltd., Maverick Capital Ltd., and BlackRock Inc.. Company insiders that have bought Hanesbrands stock in the last two years include Barry Hytinen, Gerald Evans, Joia M Johnson, and Ronald L Nelson. View insider buying and selling activity for Hanesbrands.

How do I buy shares of Hanesbrands?

Shares of HBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Hanesbrands' stock price today?

One share of HBI stock can currently be purchased for approximately $10.39.

How big of a company is Hanesbrands?

Hanesbrands has a market capitalization of $3.62 billion and generates $6.97 billion in revenue each year. The textile maker earns $600.72 million in net income (profit) each year or $1.76 on an earnings per share basis. Hanesbrands employs 63,000 workers across the globe.

What is Hanesbrands' official website?

The official website for Hanesbrands is www.hanes.com.

How can I contact Hanesbrands?

Hanesbrands' mailing address is 1000 EAST HANES MILL ROAD, WINSTON-SALEM NC, 27105. The textile maker can be reached via phone at 336-519-8080 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff