Hanesbrands Inc (NYSE:HBI) has a beta value of 1.54 and has seen 0.83 million shares traded in the recent trading session. The company, currently valued at $1.54B, closed the recent trade at $4.38 per share which meant it lost -$0.02 on the day or -0.57% during that session. The HBI stock price is -107.76% off its 52-week high price of $9.10 and 8.22% above the 52-week low of $4.02. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.22 million shares traded. The 3-month trading volume is 8.03 million shares.
The consensus among analysts is that Hanesbrands Inc (HBI) is Hold stock at the moment, with a recommendation rating of 3.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 5 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.02.
Hanesbrands Inc (NYSE:HBI) trade information
Sporting -0.57% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HBI stock price touched $4.38 or saw a rise of 4.58%. Year-to-date, Hanesbrands Inc shares have moved -46.25%, while the 5-day performance has seen it change -0.57%. Over the past 30 days, the shares of Hanesbrands Inc (NYSE:HBI) have changed -27.20%. Short interest in the company has seen 26.71 million shares shorted with days to cover at 3.53.
Wall Street analysts have a consensus price target for the stock at $8, which means that the shares’ value could jump 45.25% from the levels at last check today.. The projected low price target is $8.0 while the price target rests at a high of $8.0. In that case, then, we find that the latest price level in today’s session is -82.65% off the targeted high while a plunge would see the stock gain -82.65% from the levels at last check today..
Hanesbrands Inc (HBI) estimates and forecasts
The company’s shares have lost -40.56% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -0.36%.
5 analysts offering their estimates for the company have set an average revenue estimate of 757.42M for the current quarter. 5 have an estimated revenue figure of 977.86M for the next ending quarter. Year-ago sales stood 1.16B and 995.39M respectively for this quarter and the next, and analysts expect sales will shrink by -34.49% for the current quarter and -0.36% for the next.
Earnings growth for 2025 is a modest 28.80% while over the next 5 years, the company’s earnings are expected to increase by 17.16%.
HBI Dividends
Hanesbrands Inc is expected to release its next earnings report on 2025-Feb-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Hanesbrands Inc (NYSE:HBI)’s Major holders
Insiders own 1.70% of the company shares, while shares held by institutions stand at 97.85% with a share float percentage of 99.54%. Investors are also buoyed by the number of investors in a company, with Hanesbrands Inc having a total of 529.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 53.91 million shares worth more than $265.78 million. As of 2024-06-30, BLACKROCK INC. held 15.3158% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 40.45 million shares as of 2024-06-30. The firm’s total holdings are worth over $199.44 million and represent 11.5066% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF . As of Mar 31, 2025 , the former fund manager holds about 6.18% shares in the company for having 21.83 shares of worth $95.63 million while later fund manager owns 15.57 shares of worth $68.22 million as of Jan 31, 2025 , which makes it owner of about 4.41% of company’s outstanding stock.
