What’s The Story Behind Hanesbrands Inc. (NYSE:HBI)


Hanesbrands Inc. (NYSE:HBI) closed its last session at $21.14. The stock traded within a range of $19.78 and $21.22. The company operates in the Consumer Cyclical sector with a market capitalization of 7.83 Million. Trading volume for Hanesbrands Inc. was 16.3 Million in its previous trading session. Currently, Hanesbrands Inc. (NYSE:HBI) has an average volume of 7.12 Million.

Company Profile

Hanesbrands Inc. is a leading marketer of innerwear, outerwear and hosiery apparel under strong consumer brands, including Hanes, Champion, Playtex, Bali, Just My Size, barely there and Wonderbra. The company designs, manufactures, sources and sells T-shirts, bras, panties, men’s underwear, children’s underwear, socks, hosiery, casual wear and active wear. Hanesbrands Inc. is a world-class consumer goods company with more than a century of history and a portfolio of leading apparel essentials brands including Hanes, Champion, Playtex, Bali, L’eggs, Just My Size, Barely There and Wonderbra. Hanesbrands sells high-volume apparel essentials such as T-shirts, bras, panties, men’s underwear, kids’ underwear, socks, hosiery, casualwear and activewear.

Analyst Views

Hanesbrands Inc. (NYSE:HBI) received a Buy rating from 4 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Hanesbrands Inc. (NYSE:HBI) touched its 1-Year High price of $25.73 on 09/13/17 and its 1-Year Low price of $18.57 on 02/09/18.

EPS & Financials

Hanesbrands Inc. (NYSE:HBI) reported its EPS in the last quarter as $0.52/Share lagging the analyst estimate of $0.52/Share by a difference of $0. This showed a surprise of 0% in the last quarter earnings.

For the current quarter, 13 analysts are projecting a mean EPS of $0.24/share. According to their observations and findings, the stock could provide a high EPS of $0.25/share and a low EPS of $0.24/share.

Analysts believe that the company has the potential to earn average revenue of $1.43 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.45 Billion and 1.41 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Hanesbrands Inc. (NYSE:HBI) has a 20-Day average volume of 9.77 Million. According to today’s trading volume Hanesbrands Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.9 Percent and Institutional ownership of 100 Percent. The return on assets stands at 0.9%, Return on Equity currently is 6.3% and the Return on Investment value is 5.4%.

Hanesbrands Inc. (NYSE:HBI) gross margin percentage stands at 39.6% while its operating margin for the past trailing twelve month is 11.2 percent and its overall profit margin (ttm) is 1 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -2.41% with a 50-Day Simple Moving Average of -0.92 percent. As of today, the company has a SMA200 (200-day simple moving average) of -5.22 Percent. The Stock has YTD (year to date) performance of 1.1 percent.

The TTM operating margin for the company stands at 11.2%. The return on invested capital is at 5.4%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 22.45.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -5.22%, and has a solid year to date (YTD) performance of 1.1% which means that the stock is constantly adding to its value from the previous fiscal year end price.