Hanesbrands Stock Today

HBI Stock  USD 8.74  0.10  1.13%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 26

 
High
 
Low
Below Average
Hanesbrands is trading at 8.74 as of the 28th of November 2024. This is a 1.13 percent decrease since the beginning of the trading day. The stock's open price was 8.84. Hanesbrands has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Hanesbrands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
6th of September 2006
Category
Consumer Cyclical
Classification
Consumer Discretionary
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina. Hanesbrands operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. The company has 352.5 M outstanding shares of which 46.69 M shares are currently shorted by investors with about 10.12 days to cover. More on Hanesbrands

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Hanesbrands Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOGerald Evans
Thematic IdeaMacroaxis Index (View all Themes)
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Macroaxis Index, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Apparel Manufacturing, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.191.1
Significantly Up
Very volatile
Gross Profit Margin0.270.32
Fairly Down
Pretty Stable
Total Current Liabilities1.6 B1.4 B
Fairly Up
Slightly volatile
Non Current Liabilities Total2.6 B3.8 B
Way Down
Slightly volatile
Total Assets5.6 B5.6 B
Slightly Down
Slightly volatile
Total Current Assets2.9 B2.3 B
Significantly Up
Slightly volatile
Debt Levels
Hanesbrands can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hanesbrands' financial leverage. It provides some insight into what part of Hanesbrands' total assets is financed by creditors.
Liquidity
Hanesbrands has 3.77 B in debt with debt to equity (D/E) ratio of 6.31, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Hanesbrands has a current ratio of 1.68, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Hanesbrands to invest in growth at high rates of return.

Change In Working Capital

542.83 Million
Hanesbrands (HBI) is traded on New York Stock Exchange in USA. It is located in 1000 East Hanes Mill Road, Winston-Salem, NC, United States, 27105 and employs 47,000 people. Hanesbrands is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.12 B. Hanesbrands runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 352.5 M outstanding shares of which 46.69 M shares are currently shorted by investors with about 10.12 days to cover. Hanesbrands has about 238.41 M in cash with 561.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.73.
Check Hanesbrands Probability Of Bankruptcy
Ownership Allocation
Hanesbrands has a total of 352.5 Million outstanding shares. The majority of Hanesbrands outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hanesbrands to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hanesbrands. Please pay attention to any change in the institutional holdings of Hanesbrands as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hanesbrands Ownership Details

Hanesbrands Stock Institutional Holders

InstituionRecorded OnShares
Ameriprise Financial Inc2024-06-30
5.8 M
Citadel Advisors Llc2024-09-30
5.3 M
Brandes Investment Partners & Co2024-09-30
M
Charles Schwab Investment Management Inc2024-09-30
4.4 M
Allianz Asset Management Ag2024-06-30
4.3 M
Goldman Sachs Group Inc2024-06-30
3.7 M
Northern Trust Corp2024-09-30
3.6 M
Bank Of New York Mellon Corp2024-06-30
2.8 M
Amvescap Plc.2024-06-30
2.2 M
Blackrock Inc2024-06-30
53.9 M
Vanguard Group Inc2024-09-30
39.6 M
View Hanesbrands Diagnostics

Hanesbrands Historical Income Statement

As of now, Hanesbrands' EBIT is increasing as compared to previous years. The Hanesbrands' current EBITDA is estimated to increase to about 661.5 M, while Interest Expense is projected to decrease to under 149.6 M. View More Fundamentals

Hanesbrands Stock Against Markets

Hanesbrands Corporate Directors

Robert MoranIndependent DirectorProfile
James JohnsonIndependent DirectorProfile
Cheryl BeebeIndependent DirectorProfile
Geralyn BreigIndependent DirectorProfile
When determining whether Hanesbrands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanesbrands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanesbrands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanesbrands Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanesbrands. If investors know Hanesbrands will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanesbrands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Earnings Share
(0.24)
Revenue Per Share
15.548
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0539
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.