4 analysts have expressed a variety of opinions on Hanesbrands HBI over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 0 | 4 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 2 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Hanesbrands, presenting an average target of $5.12, a high estimate of $5.50, and a low estimate of $5.00. Witnessing a positive shift, the current average has risen by 13.78% from the previous average price target of $4.50.
Exploring Analyst Ratings: An In-Depth Overview
The perception of Hanesbrands by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Tom Nikic | Wedbush | Maintains | Neutral | $5.00 | $5.00 |
Adrienne Yih | Barclays | Raises | Equal-Weight | $5.00 | $4.00 |
Paul Lejuez | Citigroup | Raises | Neutral | $5.50 | $4.50 |
Tom Nikic | Wedbush | Raises | Neutral | $5.00 | $4.50 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hanesbrands. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hanesbrands compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Hanesbrands's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Hanesbrands's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Hanesbrands analyst ratings.
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About Hanesbrands
Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Champion, Playtex, Maidenform, Bali, Berlei, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers through stores and e-commerce. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas, Europe, and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.
Unraveling the Financial Story of Hanesbrands
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Hanesbrands's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -16.78% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -3.38%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Hanesbrands's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -10.33%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Hanesbrands's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.7%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Hanesbrands's debt-to-equity ratio surpasses industry norms, standing at 11.03. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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