Hanesbrands Inc (NYSE:HBI) currently has a daily average trading volume of 7.50M but it saw 5185239 shares traded in last market. With a market cap of 1.78B USD, the company’s current market price of $5.04 came falling about -0.40 while comparing to the previous closing price of $5.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.10 and as low as $4.02.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which upgraded the stock as “Buy” in its note to investors issued on November 26, 2024, recommending a price target of between $9 and $11 for it. Credit Suisse downgraded its recommendation for the stock as a “Neutral” from “Outperform” on November 10, 2022 while assigning a price target range of $10-$7. Wells Fargo issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $13 and $5.
Over the week, HBI’s stock price is moving -3.82% down while it is 7.69% when we observe its performance for the past one month. Year-to-date it is -38.08% down and over the past year, the stock is showing an upside performance of 4.13%.
Currently, Hanesbrands Inc’s total number of outstanding shares is 353.64M with 1.69% of that held by the insiders while 93.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -8.62% and return on equity (ROE) at -23.24%. It has a 8.73 of forward P/E ratio. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 41.02 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is -0.94% on average.
