In the last trading session, 3.87 million Hanesbrands Inc (NYSE:HBI) shares changed hands as the company’s beta touched 1.50. With the company’s per share price at $4.85 changed hands at $0.02 or 0.41% during last session, the market valuation stood at $1.71B. HBI’s last price was a discount, traded about -87.63% off its 52-week high of $9.10. The share price had its 52-week low at $4.02, which suggests the last value was 17.11% up since then. When we look at Hanesbrands Inc’s average trading volume, we note the 10-day average is 5.34 million shares, with the 3-month average coming to 8.03 million.
Analysts gave the Hanesbrands Inc (HBI) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended HBI as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Hanesbrands Inc’s EPS for the current quarter is expected to be 0.02.
Hanesbrands Inc (NYSE:HBI) trade information
Instantly HBI was in green as seen at the end of in last trading. With action 11.75%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -40.42%, with the 5-day performance at 11.75% in the green. However, in the 30-day time frame, Hanesbrands Inc (NYSE:HBI) is -17.38% down. Looking at the short shares, we see there were 31.21 million shares sold at short interest cover period of 3.37 days.
The consensus price target for the stock as assigned by Wall Street analysts is 8, meaning bulls need an upside of 39.38% from its current market value. According to analyst projections, HBI’s forecast low is 5 with 8 as the target high. To hit the forecast high, the stock’s price needs a -64.95% plunge from its current level, while the stock would need to soar -3.09% for it to hit the projected low.
Hanesbrands Inc (HBI) estimates and forecasts
Year-over-year growth is forecast to reach -0.30% down from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 757.82M. 5 analysts are of the opinion that Hanesbrands Inc’s revenue for the current quarter will be 978.33M. The company’s revenue for the corresponding quarters a year ago was 1.16B and 995.39M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -34.46%. The estimates for the next quarter sales put growth at -1.71%.
The 2025 estimates are for Hanesbrands Inc earnings to increase by 29.33%, but the outlook for the next 5-year period is at 16.13% per year.
HBI Dividends
Hanesbrands Inc is expected to release its next quarterly earnings report on 2025-Feb-12. During the past 5 years, the average dividend yield was 5.02 per year.
Hanesbrands Inc (NYSE:HBI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.70% of Hanesbrands Inc shares while 98.48% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 100.18%. There are 98.48% institutions holding the Hanesbrands Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 15.3158% of the shares, roughly 53.91 million HBI shares worth $265.78 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.493% or 40.45 million shares worth $199.44 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF . With 21.83 shares estimated at $105.89 million under it, the former controlled 6.18% of total outstanding shares. On the other hand, Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF held about 4.41% of the shares, roughly 15.57 shares worth around $75.54 million.
