Hanesbrands Inc (HBI) concluded trading on Wednesday at a closing price of $8.07, with 5.06 million shares of worth about $40.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.05% during that period and on January 29, 2025 the price saw a loss of about -3.00%. Currently the company’s common shares owned by public are about 351.78M shares, out of which, 348.27M shares are available for trading.
Stock saw a price change of -4.04% in past 5 days and over the past one month there was a price change of -3.81%. Year-to-date (YTD), HBI shares are showing a performance of -0.86% which increased to 76.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.06 but also hit the highest price of $9.10 during that period. The average intraday trading volume for Hanesbrands Inc shares is 5.67 million. The stock is currently trading -2.81% below its 20-day simple moving average (SMA20), while that difference is down -3.81% for SMA50 and it goes to 24.25% higher than SMA200.
Hanesbrands Inc (NYSE: HBI) currently have 351.78M outstanding shares and institutions hold larger chunk of about 97.87% of that.
The stock has a current market capitalization of $2.84B and its 3Y-monthly beta is at 1.64. It has posted earnings per share of -$0.66 in the same period. It has Quick Ratio of 0.90 while making debt-to-equity ratio of 23.93. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HBI, volatility over the week remained 3.42% while standing at 3.29% over the month.
Stock’s fiscal year EPS is expected to rise by 559.04% while it is estimated to increase by 33.69% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on November 26, 2024 offering a Buy rating for the stock and assigned a target price range of between $9 and $11 to it. Coverage by Credit Suisse stated Hanesbrands Inc (HBI) stock as a Neutral in their note to investors on November 10, 2022, suggesting a price target of $7 for the stock. Stock get an Equal weight rating from Barclays on June 08, 2022.
