Hanesbrands Inc (NYSE: HBI) is -24.57% lower on its value in year-to-date trading and has touched a low of $4.40 and a high of $9.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HBI stock was last observed hovering at around $6.16 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $6.14, the stock is -17.39% and -23.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.82 million and changing -0.32% at the moment leaves the stock -8.37% off its SMA200. HBI registered 35.24% gain for a year compared to 6-month gain of -2.69%.
The stock witnessed a -26.99% loss in the last 1 month and extending the period to 3 months gives it a -25.67%, and is -1.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.70% over the week and 4.59% over the month.
Hanesbrands Inc (HBI) has around 41000 employees, a market worth around $2.17B and $3.98B in sales. Fwd P/E is 9.33. Profit margin for the company is -6.47%. Distance from 52-week low is 39.55% and -32.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.61%).
with sales reaching $757.12M over the same period.The EPS is expected to grow by 36.45% this year, but quarterly earnings will post -0.24% year-over-year. Quarterly sales are estimated to shrink -34.52% in year-over-year returns.
Hanesbrands Inc (HBI) Top Institutional Holders
The shares outstanding are 352.54M, and float is at 348.92M with Short Float at 10.98%.
The top institutional shareholder in the company is BLACKROCK INC. with over 53.91 million shares valued at $265.78 million. The investor’s holdings represent 15.3338% of the HBI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 40.45 million shares valued at $$199.44 million to account for 11.5066 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 35.34 million shares representing 10.0386% and valued at over $174.2 million, while LOEWS CORP holds 8.2951 of the shares totaling 29.2 million with a market value of $143.95 million.
Hanesbrands Inc (HBI) Insider Activity
The most recent transaction is an insider purchase by MORAN ROBERT F,the company’sDirector. SEC filings show that MORAN ROBERT F bought 74,850 shares of the company’s common stock on Feb 18 ’25 at a price of $6.01 per share for a total of $0.45 million. Following the purchase, the insider now owns 0.22 million shares.
