Hanesbrands Inc (NYSE: HBI) on Monday, soared 2.41% from the previous trading day, before settling in for the closing price of $8.70. Within the past 52 weeks, HBI’s price has moved between $3.58 and $9.10.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Cyclical sector was -3.32%. The company achieved an average annual earnings per share of 560.13%. With a float of $348.27 million, this company’s outstanding shares have now reached $351.78 million.
Considering the fact that the conglomerate employs 48000 people, you should pay attention to its efficiency factor. 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
Observing investor behavior towards Apparel Manufacturing industry stocks is more important than anything else. The insider ownership of Hanesbrands Inc is 1.20%, while institutional ownership is 98.30%. The most recent insider transaction that took place on Nov 13 ’24, was worth 2,196,503.
Hanesbrands Inc (HBI) Recent Fiscal highlights
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
Hanesbrands Inc (HBI) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.71. Likewise, its price to free cash flow for the trailing twelve months is 7.26.
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 0.53 in one year’s time.
Technical Analysis of Hanesbrands Inc (HBI)
Compared to the last year’s volume of 7.71 million, its volume of 6.29 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.71%. Additionally, its Average True Range was 0.37.
During the past 100 days, Hanesbrands Inc’s (HBI) raw stochastic average was set at 95.50%, which indicates a significant increase from 85.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.23% in the past 14 days, which was lower than the 55.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.56, while its 200-day Moving Average is $5.90. Nevertheless, the first resistance level for the watch stands at $9.03 in the near term. At $9.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.31. If the price goes on to break the first support level at $8.75, it is likely to go to the next support level at $8.58. Now, if the price goes above the second support level, the third support stands at $8.47.
Hanesbrands Inc (NYSE: HBI) Key Stats
Market capitalization of the company is 3.13 billion based on 352,496K outstanding shares. Right now, sales total 5,637 M and income totals -17,730 K. The company made 937,100 K in profit during its latest quarter, and 29,950 K in sales during its previous quarter.
