Hanesbrands Inc (NYSE: HBI) started the day on Wednesday, with a price decrease of -2.71% at $5.02, before settling in for the price of $5.16 at the close. Taking a more long-term approach, HBI posted a 52-week range of $3.54-$5.86.
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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been -3.32% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 619.24%. This publicly-traded company’s shares outstanding now amounts to $350.14 million, simultaneously with a float of $346.77 million. The organization now has a market capitalization sitting at $1.76 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.07, while the 200-day Moving Average is $4.59.
Hanesbrands Inc (HBI) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Apparel Manufacturing Industry. Hanesbrands Inc’s current insider ownership accounts for 1.36%, in contrast to 86.72% institutional ownership.
Hanesbrands Inc (HBI) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.03 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.09) by -$0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
Hanesbrands Inc’s EPS increase for this current 12-month fiscal period is 619.24% and is forecasted to reach 0.61 in the upcoming year.
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 0.65. The Stock has managed to achieve an average true range (ATR) of 0.26. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.31. Similarly, its price to free cash flow for trailing twelve months is now 3.41.
In the same vein, HBI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.05, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be 0.61 at the market close of one year from today.
Technical Analysis of Hanesbrands Inc (HBI)
If we take a close look at the recent performances of Hanesbrands Inc (NYSE: HBI), its last 5-days Average volume was 8.17 million that shows plunge from its year to date volume of 9.02 million. During the previous 9 days, stock’s Stochastic %D was recorded 19.34% While, its Average True Range was 0.26.
Raw Stochastic average of Hanesbrands Inc (HBI) in the period of the previous 100 days is set at 63.16%, which indicates a major rise in contrast to 12.04% 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 64.62% that was higher than 56.03% volatility it exhibited in the past 100-days period.
