On Tuesday, Hanesbrands Inc (NYSE: HBI) opened higher 0.91% from the last session, before settling in for the closing price of $6.56. Price fluctuations for HBI have ranged from $3.96 to $9.10 over the past 52 weeks.
Company’s average yearly earnings per share was noted 63.77% at the time writing. With a float of $347.88 million, this company’s outstanding shares have now reached $353.80 million.
Hanesbrands Inc (HBI) Insider Updates
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 1.67%, while institutional ownership is 87.45%. The most recent insider transaction that took place on Feb 18 ’25, was worth 449,899. In this transaction Director of this company bought 74,850 shares at a rate of $6.01, taking the stock ownership to the 216,373 shares.
Hanesbrands Inc (HBI) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.17 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.14) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.77% 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 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.66 in one year’s time.
Technical Analysis of Hanesbrands Inc (HBI)
Hanesbrands Inc (NYSE: HBI) saw its 5-day average volume 11.45 million, a positive change from its year-to-date volume of 7.15 million. As of the previous 9 days, the stock’s Stochastic %D was 57.88%.
During the past 100 days, Hanesbrands Inc’s (HBI) raw stochastic average was set at 86.08%, which indicates a significant increase from 77.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.17 in the past 14 days, which was higher than the 0.17 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.66, while its 200-day Moving Average is $5.64. Nevertheless, the first resistance level for the watch stands at $6.71 in the near term. At $6.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.91. If the price goes on to break the first support level at $6.51, it is likely to go to the next support level at $6.39. Assuming the price breaks the second support level, the third support level stands at $6.31.
Hanesbrands Inc (NYSE: HBI) Key Stats
There are currently 353,802K shares outstanding in the company with a market cap of 2.34 billion. Presently, the company’s annual sales total 3,507 M according to its annual income of -320,430 K. Last quarter, the company’s sales amounted to 891,680 K and its income totaled 270,740 K.
