On Friday, Hanesbrands Inc (NYSE: HBI) was 4.27% up from the session before settling in for the closing price of $8.19. A 52-week range for HBI has been $3.58 – $8.70.
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A company in the Consumer Cyclical sector has dropped its sales by -3.32% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 560.13%. With a float of $348.27 million, this company’s outstanding shares have now reached $350.14 million.
In an organization with 48000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 39.98%, operating margin of 10.49%, and the pretax margin is -1.92%.
Hanesbrands Inc (HBI) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hanesbrands Inc stocks. The insider ownership of Hanesbrands Inc is 1.20%, while institutional ownership is 98.29%. The most recent insider transaction that took place on Nov 13 ’24, was worth 2,196,503.
Hanesbrands Inc (HBI) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.03 earnings per share (EPS) during the time that was less than consensus figure (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
You can see what Hanesbrands Inc (HBI) is doing with its current performance indicators. In the most recent 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 0.72. Likewise, its price to free cash flow for the trailing twelve months is 7.29.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 5.42 million. That was inferior than the volume of 7.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.83%. Additionally, its Average True Range was 0.37.
During the past 100 days, Hanesbrands Inc’s (HBI) raw stochastic average was set at 96.08%, which indicates a significant increase from 90.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.68% in the past 14 days, which was higher than the 56.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.37, while its 200-day Moving Average is $5.80. However, in the short run, Hanesbrands Inc’s stock first resistance to watch stands at $8.73. Second resistance stands at $8.92. The third major resistance level sits at $9.16. If the price goes on to break the first support level at $8.31, it is likely to go to the next support level at $8.07. The third support level lies at $7.88 if the price breaches the second support level.
Hanesbrands Inc (NYSE: HBI) Key Stats
There are 352,496K outstanding shares of the company, which has a market capitalization of 3.14 billion. As of now, sales total 5,637 M while income totals -17,730 K. Its latest quarter income was 937,100 K while its last quarter net income were 29,950 K.
