On Friday, Hanesbrands Inc (NYSE: HBI) opened higher 4.18% from the last session, before settling in for the closing price of $7.89. Price fluctuations for HBI have ranged from $3.58 to $8.70 over the past 52 weeks.
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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -3.32%. Company’s average yearly earnings per share was noted 560.13% at the time writing. With a float of $348.27 million, this company’s outstanding shares have now reached $350.14 million.
Let’s determine the extent of company efficiency that accounts for 48000 employees. In terms of profitability, gross margin is 39.98%, operating margin of 10.49%, and the pretax margin is -1.92%.
Hanesbrands Inc (HBI) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Apparel Manufacturing industry is another important factor to consider. The insider ownership of Hanesbrands Inc is 1.17%, while institutional ownership is 98.24%. The most recent insider transaction that took place on Nov 13 ’24, was worth 2,196,503.
Hanesbrands Inc (HBI) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.03 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.09) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 560.13% per share during the next fiscal year.
Hanesbrands Inc (NYSE: HBI) Trading Performance Indicators
Check out the current performance indicators for Hanesbrands Inc (HBI). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 7.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.54 in one year’s time.
Technical Analysis of Hanesbrands Inc (HBI)
Looking closely at Hanesbrands Inc (NYSE: HBI), its last 5-days average volume was 6.47 million, which is a drop from its year-to-date volume of 7.8 million. As of the previous 9 days, the stock’s Stochastic %D was 59.50%. Additionally, its Average True Range was 0.37.
During the past 100 days, Hanesbrands Inc’s (HBI) raw stochastic average was set at 88.23%, which indicates a significant increase from 72.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.26% in the past 14 days, which was higher than the 56.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.17, while its 200-day Moving Average is $5.70. However, in the short run, Hanesbrands Inc’s stock first resistance to watch stands at $8.34. Second resistance stands at $8.47. The third major resistance level sits at $8.69. If the price goes on to break the first support level at $7.99, it is likely to go to the next support level at $7.77. Now, if the price goes above the second support level, the third support stands at $7.64.
Hanesbrands Inc (NYSE: HBI) Key Stats
There are currently 352,496K shares outstanding in the company with a market cap of 3.02 billion. Presently, the company’s annual sales total 5,637 M according to its annual income of -17,730 K. Last quarter, the company’s sales amounted to 937,100 K and its income totaled 29,950 K.
