Hanesbrands Stock Today

HBI
 Stock
  

USD 10.64  0.16  1.48%   

Market Performance
0 of 100
Odds Of Distress
Less than 46
Hanesbrands is trading at 10.64 as of the 18th of August 2022. This is a -1.48 percent decrease since the beginning of the trading day. The stock's open price was 10.8. Hanesbrands has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Hanesbrands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of June 2022 and ending today, the 18th of August 2022. Click here to learn more.
CUSIP
410345102
Fiscal Year End
December
Business Domain
Consumer Durables & Apparel
IPO Date
6th of September 2006
Category
Consumer Cyclical
Classification
Consumer Discretionary
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina. Hanesbrands operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. The company has 348.78 M outstanding shares of which 36.64 M shares are currently shorted by investors with about 7.27 days to cover. More on Hanesbrands
Follow Valuation Options Odds of Bankruptcy
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Hanesbrands Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Hanesbrands' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hanesbrands or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Hanesbrands generated a negative expected return over the last 90 days
Hanesbrands has about 247.92 M in cash with (29.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71.
Hanesbrands has a strong financial position based on the latest SEC filings
Over 96.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: Hanesbrands Lags Q2 Earnings Sales Estimates, Cuts View - Nasdaq
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Hanesbrands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hanesbrands' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOGerald Evans
SEC FilingsHanesbrands Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Hanesbrands report their recommendations after researching Hanesbrands' financial statements, talking to executives and customers, or listening in on Hanesbrands' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hanesbrands. The Hanesbrands consensus assessment is calculated by taking the average forecast from all of the analysts covering Hanesbrands.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Hanesbrands based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Hanesbrands financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares382.7 M349.2 M
Significantly Up
Decreasing
Very volatile
Weighted Average Shares Diluted355.2 M357.3 M
Slightly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations646.9 M623.4 M
Sufficiently Up
Increasing
Slightly volatile
Total Assets7.4 B7.1 B
Sufficiently Up
Increasing
Slightly volatile
Total Liabilities6.4 B6.4 B
Slightly Down
Increasing
Slightly volatile
Current Assets3.6 B3.5 B
Fairly Up
Increasing
Slightly volatile
Current Liabilities2.1 B2.3 B
Moderately Down
Increasing
Stable
Total Debt3.9 B3.7 B
Sufficiently Up
Increasing
Slightly volatile
Return on Average Assets0.04840.011
Way Up
Decreasing
Very volatile
Gross Margin0.410.39
Sufficiently Up
Increasing
Slightly volatile
Asset Turnover0.970.945
Fairly Up
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Hanesbrands' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Hanesbrands' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hanesbrands' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Hanesbrands' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Hanesbrands' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hanesbrands' financial leverage. It provides some insight into what part of Hanesbrands' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hanesbrands' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hanesbrands deploys its capital and how much of that capital is borrowed.
Liquidity
Hanesbrands cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.13 B in debt with debt to equity (D/E) ratio of 5.8, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Hanesbrands has a current ratio of 1.67, which is typical for the industry and considered as normal. Debt can assist Hanesbrands until it has trouble settling it off, either with new capital or with free cash flow. So, Hanesbrands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hanesbrands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hanesbrands to invest in growth at high rates of return. When we think about Hanesbrands' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

646.85 Million
Hanesbrands (HBI) is traded on New York Stock Exchange in USA. It is located in 1000 East Hanes Mill Road, Winston-Salem, NC 27105, United States and employs 59,000 people. Hanesbrands is listed under Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 3.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hanesbrands's market, we take the total number of its shares issued and multiply it by Hanesbrands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Hanesbrands runs under Consumer Cyclical sector within Apparel Manufacturing industry. The entity has 348.78 M outstanding shares of which 36.64 M shares are currently shorted by investors with about 7.27 days to cover. Hanesbrands has about 247.92 M in cash with (29.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71.
Check Hanesbrands Probability Of Bankruptcy
Ownership
Hanesbrands has a total of three hundred fourty-eight million seven hundred eighty thousand outstanding shares. The majority of Hanesbrands outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hanesbrands to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hanesbrands. Please pay attention to any change in the institutional holdings of Hanesbrands as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Hanesbrands Ownership Details

Hanesbrands Stock Price Odds Analysis

What are Hanesbrands' target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Hanesbrands jumping above the current price in 90 days from now is about 73.52%. The Hanesbrands probability density function shows the probability of Hanesbrands stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5839. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hanesbrands will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Hanesbrands is significantly underperforming DOW.
  Odds Below 10.64HorizonTargetOdds Above 10.64
26.32%90 days
 10.64 
73.52%
Based on a normal probability distribution, the odds of Hanesbrands to move above the current price in 90 days from now is about 73.52 (This Hanesbrands probability density function shows the probability of Hanesbrands Stock to fall within a particular range of prices over 90 days) .

Hanesbrands Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hanesbrands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hanesbrands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hanesbrands' value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares38.2 M393.3 M
Vanguard Group IncCommon Shares33.9 M348.4 M
View Hanesbrands Diagnostics

Hanesbrands Historical Income Statement

Hanesbrands Income Statement is one of the three primary financial statements used for reporting Hanesbrands's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hanesbrands revenue and expense. Hanesbrands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Hanesbrands Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 4.15 Billion. The current Earning Before Interest and Taxes EBIT is estimated to increase to about 540.4 M, while Gross Profit is projected to decrease to roughly 2.6 B. View More Fundamentals

Hanesbrands Stock Against Markets

Picking the right benchmark for Hanesbrands stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hanesbrands stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hanesbrands is critical whether you are bullish or bearish towards Hanesbrands at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hanesbrands without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hanesbrands Corporate Directors

Hanesbrands corporate directors refer to members of a Hanesbrands board of directors. The board of directors generally takes responsibility for the Hanesbrands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hanesbrands' board members must vote for the resolution. The Hanesbrands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Patrick Mulcahy - Lead Independent DirectorProfile
Robert Moran - Independent DirectorProfile
Jessica Mathews - Independent DirectorProfile
James Johnson - Independent DirectorProfile

Invested in Hanesbrands?

You need to understand the risk of investing before taking a position in Hanesbrands. The danger of trading Hanesbrands is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hanesbrands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hanesbrands. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hanesbrands is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the Hanesbrands information on this page should be used as a complementary analysis to other Hanesbrands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Hanesbrands price analysis, check to measure Hanesbrands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanesbrands is operating at the current time. Most of Hanesbrands' value examination focuses on studying past and present price action to predict the probability of Hanesbrands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hanesbrands' price. Additionally, you may evaluate how the addition of Hanesbrands to your portfolios can decrease your overall portfolio volatility.
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Is Hanesbrands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanesbrands. If investors know Hanesbrands will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanesbrands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.29
Market Capitalization
3.8 B
Quarterly Revenue Growth YOY
-0.14
Return On Assets
0.0728
Return On Equity
0.71
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine Hanesbrands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.