Hanesbrands Inc (NYSE: HBI) is -27.40% 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 $6.04 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $5.91, the stock is -0.81% and -14.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.72 million and changing -2.15% at the moment leaves the stock -13.34% off its SMA200. HBI registered 11.93% gain for a year compared to 6-month loss of -15.33%. The firm has a 50-day simple moving average (SMA 50) of $6.9508 and a 200-day simple moving average (SMA200) of $6.8195.
The stock witnessed a -3.27% gain in the last 1 month and extending the period to 3 months gives it a -27.04%, and is 0.00% 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 3.53% over the week and 3.86% over the month.
Hanesbrands Inc (HBI) has around 41000 employees, a market worth around $2.09B and $3.98B in sales. Fwd P/E is 8.98. Profit margin for the company is -6.47%. Distance from 52-week low is 34.32% and -35.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.61%).
The EPS is expected to grow by 36.45% this year.
Hanesbrands Inc (HBI) Top Institutional Holders
533.0 institutions hold shares in Hanesbrands Inc (HBI), with institutional investors hold 100.09% of the company’s shares. The shares outstanding are 352.54M, and float is at 347.41M with Short Float at 8.96%. Institutions hold 98.34% of the Float.
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 15.3158% 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’s Director. 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.
