Witnessing the stock’s movement on the chart, on Wednesday Hanesbrands Inc (NYSE: HBI) had a quiet start as it plunged -0.82% to $4.86, before settling in for the price of $4.90 at the close. Taking a more long-term approach, HBI posted a 52-week range of $3.54-$5.86.
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It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of -3.32% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 620.32%. This publicly-traded company’s shares outstanding now amounts to $350.14 million, simultaneously with a float of $347.27 million. The organization now has a market capitalization sitting at $1.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.10, while the 200-day Moving Average is $4.60.
Hanesbrands Inc (HBI) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Apparel Manufacturing industry. Hanesbrands Inc’s current insider ownership accounts for 1.22%, in contrast to 86.54% institutional ownership.
Hanesbrands Inc (HBI) Earnings and Revenue Records
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported -0.06 earnings per share (EPS) for the period topping the consensus outlook (set at -0.07) by 0.01. 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 620.32% 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 0.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.30. Similarly, its price to free cash flow for trailing twelve months is now 3.30.
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)
Going through the that latest performance of [Hanesbrands Inc, HBI]. Its last 5-days volume of 7.85 million was inferior to the volume of 8.87 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 48.44% While, its Average True Range was 0.23.
Raw Stochastic average of Hanesbrands Inc (HBI) in the period of the previous 100 days is set at 56.14%, which indicates a major rise in contrast to 41.76% 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 44.81% that was lower than 55.34% volatility it exhibited in the past 100-days period.
