Hanesbrands Inc (NYSE: HBI): Analyst View Points To Future Growth

Hanesbrands Inc (HBI) concluded trading on Wednesday at a closing price of $4.59, with 9.27 million shares of worth about $42.56 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.96% during that period and on April 30, 2025 the price saw a loss of about -4.18%. Currently the company’s common shares owned by public are about 352.54M shares, out of which, 347.04M shares are available for trading.

Stock saw a price change of -1.92% in past 5 days and over the past one month there was a price change of -20.45%. Year-to-date (YTD), HBI shares are showing a performance of -43.61% which increased to 2.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.02 but also hit the highest price of $9.10 during that period. The average intraday trading volume for Hanesbrands Inc shares is 8.09 million. The stock is currently trading -1.39% below its 20-day simple moving average (SMA20), while that difference is down -15.73% for SMA50 and it goes to -32.61% lower than SMA200.

Hanesbrands Inc (NYSE: HBI) currently have 352.54M outstanding shares and institutions hold larger chunk of about 99.15% of that.

The stock has a current market capitalization of $1.62B and its 3Y-monthly beta is at 1.49. It has posted earnings per share of -$0.73 in the same period. It has Quick Ratio of 0.68 while making debt-to-equity ratio of 72.23. 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 2.61% while standing at 7.07% over the month.

Stock’s fiscal year EPS is expected to rise by 14.97% while it is estimated to increase by 13.89% 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.

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