In last trading session, Hanesbrands Inc (NYSE:HBI) saw 7.18 million shares changing hands with its beta currently measuring 1.53. Company’s recent per share price level of $4.68 trading at $0.2 or 4.46% at ring of the bell on the day assigns it a market valuation of $1.65B. That closing price of HBI’s stock is at a discount of -94.44% from its 52-week high price of $9.10 and is indicating a premium of 14.1% from its 52-week low price of $4.02. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.48 million shares which gives us an average trading volume of 8.06 million if we extend that period to 3-months.
For Hanesbrands Inc (HBI), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.02 in the current quarter.
Hanesbrands Inc (NYSE:HBI) trade information
Upright in the green during last session for gaining 4.46%, in the last five days HBI remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $4.68 price level, adding 4.1% to its value on the day. Hanesbrands Inc’s shares saw a change of -42.51% in year-to-date performance and have moved 5.41% in past 5-day. Hanesbrands Inc (NYSE:HBI) showed a performance of -22.52% in past 30-days. Number of shares sold short was 26.71 million shares which calculate 3.53 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 41.5% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -70.94% in reaching the projected high whereas dropping to the targeted low would mean a loss of -70.94% for stock’s current value.
Hanesbrands Inc (HBI) estimates and forecasts
This year revenue growth is estimated to fall -0.30% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 757.82M for the same. And 5 analysts are in estimates of company making revenue of 978.33M in the next quarter. Company posted 1.16B and 995.39M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 31.33% while estimates for its earnings growth in next 5 years are of 20.30%.
Hanesbrands Inc (NYSE:HBI)’s Major holders
Insiders are in possession of 1.70% of company’s total shares while institution are holding 98.79 percent of that, with stock having share float percentage of 100.49%. Investors also watch the number of corporate investors in a company very closely, which is 98.79% institutions for Hanesbrands Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at HBI for having 53.91 million shares of worth $265.78 million. And as of 2024-06-30, it was holding 15.3158 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 40.45 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.493 of outstanding shares, having a total worth of $199.44 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 21.83 shares of worth $102.18 million or 6.18% of the total outstanding shares. The later fund manager was in possession of 15.57 shares on Jan 31, 2025 , making its stake of worth around $72.89 million in the company or a holder of 4.41% of company’s stock.
