Hanesbrands Inc. (NYSE: HBI) open the trading on May 24, 2023, with a bit cautious approach as it glided -2.39% to $4.09. During the day, the stock rose to $4.255 and sunk to $4.01 before settling in for the price of $4.19 at the close. Taking a more long-term approach, HBI posted a 52-week range of $3.85-$12.12.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was -0.70%. Meanwhile, its Annual Earning per share during the time was -30.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -125.60%. This publicly-traded company’s shares outstanding now amounts to $350.44 million, simultaneously with a float of $345.65 million. The organization now has a market capitalization sitting at $1.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.76, while the 200-day Moving Average is $6.70.
Hanesbrands Inc. (HBI) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Apparel Manufacturing industry. Hanesbrands Inc.’s current insider ownership accounts for 0.40%, in contrast to 87.00% institutional ownership. According to the most recent insider trade that took place on Sep 12, this organization’s GC, Corp Sec and CCO bought 3,000 shares at the rate of 9.36, making the entire transaction reach 28,065 in total value, affecting insider ownership by 3,000. Preceding that transaction, on Sep 09, Company’s Director bought 2,000 for 9.11, making the whole transaction’s value amount to 18,220. This particular insider is now the holder of 26,913 in total.
Hanesbrands Inc. (HBI) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 3/30/2023 suggests? It has posted -$0.06 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.07) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
Hanesbrands Inc.’s EPS decrease for this current 12-month fiscal period is -125.60% and is forecasted to reach 0.74 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 0.80% through the next 5 years, which can be compared against the -30.80% growth it accomplished over the previous five years trading on the market.
Hanesbrands Inc. (NYSE: HBI) Trading Performance Indicators
Let’s observe the current performance indicators for Hanesbrands Inc. (HBI). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.25.
In the same vein, HBI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.80, a figure that is expected to reach -0.02 in the next quarter, and analysts are predicting that it will be 0.74 at the market close of one year from today.
Technical Analysis of Hanesbrands Inc. (HBI)
[Hanesbrands Inc., HBI] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 59.21% While, its Average True Range was 0.21.
Raw Stochastic average of Hanesbrands Inc. (HBI) in the period of the previous 100 days is set at 4.85%, which indicates a major fall in contrast to 34.78% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 48.78% that was lower than 69.82% volatility it exhibited in the past 100-days period.
