Hanesbrands (NYSE:HBI) Stock, Quote.Headers.trade-ideas

Hanesbrands

Hanesbrands manufactures basic and athletic apparel under brands including Hanes, 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 and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.

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J.M. Smucker Posts Upbeat Earnings, Joins LexinFintech, Semtech, Arrowhead Pharmaceuticals And Other Big Stocks Moving Higher On Tuesday

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This Eastman Chemical Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

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HubSpot Posts Better-Than-Expected Results, Joins Under Armour, Lyft, Wolverine World Wide, Zillow And Other Big Stocks Moving Higher On Thursday

Hanesbrands Inc

HILLS BANCORP OF IOWA by Hills Bancorporation

Hills Bancorp

HAI JIA INTERNATIONAL LLC by Hai Jia International Limited Company

Hai Jia International Ltd Co

Harvard Bioscience Inc

Home Bistro Inc

WIIM

Hanesbrands shares are trading higher after UBS upgraded the stock from Neutral to Buy and raised its price target from $9 to $11.

U.S. stocks were mixed, with the Dow Jones index falling more than 200 points on Tuesday.
Shares of The J. M. Smucker Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) rose sharply during Tuesday's session after the company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance with its <a href="https://www.benzinga.com/news/earnings/24/11/42189572/j-m-smucker-q2-earnings-beat-17-sales-surge-fy25-eps-outlook-boost-more">midpoint above estimates.</a>
Smucker shares surged 6.2% to $120.60 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) shares jumped 59% to $7.55 after the company reported better-than-expected third-quarter sales results.</li>
<li>Embecta Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) gained 30.2% to $18.76 after the company reported better-than-expected fourth-quarter financial results and issued FY25 adjusted EPS guidance above estimates.</li>
<li>LexinFintech Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LX#NASDAQ">LX</a>) surged 22.8% to $4.1750 after the company announced its board approved an amendment for a dividend policy to increase the payout ratio. Also, the company reported third-quarter financial results.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) gained 20.3% to $64.32 as the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance with its midpoint above estimates.</li>
<li>Arrowhead Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARWR#NASDAQ">ARWR</a>) gained 18.1% to $22.17 after the company entered into a global licensing and collaboration agreement with Sarepta Therapeutics for multiple clinical and preclinical siRNA programs.</li>
<li>Neurogene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGNE#NASDAQ">NGNE</a>) shares rose 15% to $25.65.</li>
<li>SmartRent, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMRT#NYSE">SMRT</a>) gained 13.8% to $1.8450.</li>
<li>Sangamo Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) gained 12.6% to $2.1850.</li>
<li>POET Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POET#NASDAQ">POET</a>) surged 12.2% to $4.77. POET Technologies recently announced plans to expand its capacity.</li>
<li>Sarepta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) shares gained 9.1% to $125.10 after the company announced a global licensing and collaboration agreement with Arrowhead Pharmaceuticals for multiple clinical and preclinical siRNA programs.</li>
<li>NRG Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) gained 8% to $99.21 after Jefferies upgraded the stock from Hold to Buy and raised its price target from $93 to $113.</li>
<li>Exact Sciences Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAS#NASDAQ">EXAS</a>) surged 7.8% to $59.45. The company announced it will present 10 abstracts at SABCS.</li>
<li>Woodward, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WWD#NASDAQ">WWD</a>) surged 7.4% to $192.62 after the company reported better-than-expected fourth-quarter EPS and sales.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gained 7.3% to $25.82.</li>
<li>Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) gained 5.8% to $8.94. UBS analyst Jay Sole upgraded Hanesbrands from Neutral to Buy and raised the price target from $9 to $11.</li>
</ul>
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Wells Fargo analyst Michael Sison upgraded the rating for Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>) from Equal-Weight to Overweight and boosted the price target from $110 to $125. Eastman Chemical shares closed at $105.84 on Monday. <a href="https://www.benzinga.com/quote/EMN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson analyst Jeff Rulis upgraded the rating for First Interstate BancSystem, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) from Neutral to Buy and raised the price target from $32 to $42. First Interstate BancSys shares closed at $35.47 on Monday. <a href="https://www.benzinga.com/quote/FIBK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS analyst Jay Sole upgraded Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) from Neutral to Buy and increased the price target from $9 to $11. Hanesbrands Bank shares closed at $8.45 on Monday. <a href="https://www.benzinga.com/quote/HBI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo analyst Matthew Akers upgraded Science Applications International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) from Equal-Weight to Overweight but lowered the price target from $157 to $147. Science Applications shares closed at $122.22 on Monday. <a href="https://www.benzinga.com/quote/SAIC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Guggenheim analyst Robert Drbul upgraded Capri Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) from Neutral to Buy and announced a $30 price target. Capri shares closed at $21.54 on Monday. <a href="https://www.benzinga.com/quote/CPRI/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying EMN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="572" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-1024x572.png" alt="" class="wp-image-665275" style="width:519px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-1024x572.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-300x168.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278-768x429.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26080232/image-278.png 1136w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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UBS analyst Jay Sole upgrades Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) from Neutral to Buy and raises the price target from $9 to $11.

Price Target

UBS Upgrades Hanesbrands to Buy, Raises Price Target to $11

Barclays analyst Adrienne Yih maintains Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) with a Equal-Weight and raises the price target from $6 to $7.

Barclays Maintains Equal-Weight on Hanesbrands, Raises Price Target to $7

Hanesbrands shares are trading higher after the company reported better-than-expected Q3 adjusted EPS results and issued Q4 sales guidance above estimates.

U.S. stocks were higher, with the Nasdaq Composite gaining around 200 points on Thursday.
Shares of HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) rose sharply during Thursday's session after the company reported better-than-expected third-quarter financial results and issued FY24 <a href="https://www.benzinga.com/news/earnings/24/11/41790530/hubspot-shares-climb-after-strong-q3-results-eps-beat-revenues-beat">guidance above estimates</a>.
HubSpot reported quarterly earnings of $2.22 per share, which beat the analyst consensus estimate of $1.91. Quarterly revenue clocked in at $669.7 million which beat the analyst consensus estimate of $646.9 million and is an increase over sales of $557.55 million from the same period last year.
HubSpot shares jumped 7.9% to $645.11 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares jumped 47% to $247.63 after the company reported better-than-expected third-quarter financial results.</li>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) surged 39% to $48.57 following third-quarter earnings.</li>
<li>Emergent BioSolutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) gained 34.8% to $12.40 after the company announced it evaluated the safety and efficacy of its new clinical trial of Brincidofovir in treating Mpox across Africa. PANTHER will conduct a clinical trial under The Leadership of Africa Centres for Disease Control and Prevention.</li>
<li>FARO Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) gained 32.8% to $25.07 following third-quarter results.</li>
<li>Under Armour, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) gained 32.7% to $11.61 after the company reported better-than-expected quarterly EPS and sales.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) gained 28.2% to $18.46 after the company reported better-than-expected quarterly financial results.</li>
<li>Freshworks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>) jumped 26.2% to $16.51 following upbeat quarterly results.</li>
<li>Wolverine World Wide, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WWW#NYSE">WWW</a>) jumped 26.2% to $20.25 following strong quarterly results.</li>
<li>Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZG#NASDAQ">ZG</a>) gained 22.4% to $68.66 after the company reported better-than-expected quarterly financial results.</li>
<li>IonQ, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) rose 21.4% to $19.98 following third-quarter results.</li>
<li>Clearwater Analytics Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWAN#NYSE">CWAN</a>) gained 20.9% to $34.56 following better-than-expected quarterly earnings.</li>
<li>Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) gained 17% to $8.32 following upbeat earnings.</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) rose 16% to $120.80 following stronger-than-expected quarterly earnings.</li>
<li>Guardant Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GH#NASDAQ">GH</a>) gained 15.5% to $29.20 after the company reported better-than-expected third-quarter financial results and raised its FY24 revenue guidance above estimates.</li>
<li>Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) gained 15.3% to $27.81 after reporting upbeat quarterly results.</li>
<li>Warner Bros. Discovery, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NYSE">WBD</a>) surged 14.7% to $9.61 following third-quarter earnings.</li>
<li>EPAM Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>) gained 13.7% to $230.60 after the company reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.</li>
<li>McKesson Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) rose 10.4% to $606.61 as the company reported better-than-expected second-quarter financial results.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) gained 9.7% to $16.95.</li>
<li>The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) gained 6.6% to $67.46.</li>
<li>Arm Holdings plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NYSE">ARM</a>) gained 5.4% to $152.43 following second-quarter results.</li>
</ul>
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Fourth-Quarter and Full-Year 2024 Financial Outlook
Guidance metrics are based on continuing operations.
The Company is providing guidance on tax expense due to the expected fluctuation of its quarterly tax rate, stemming from the deferred tax reserve matter previously disclosed in fourth-quarter 2022. Importantly, the reserve does not impact cash taxes. Some portion of the reserve may reverse in future periods.
The Company closed the sale of its U.S. Sheer Hosiery business on September 29, 2023. For the full year 2023, its U.S. Sheer Hosiery business generated $50 million of net sales and an operating loss of $(2) million.
For fiscal year 2024, which ends on December 28, 2024, the Company currently expects:
<ul>
<li>Net sales from continuing operations of approximately $3.61 billion, which includes projected headwinds of approximately $50 million from last year's U.S. Sheer Hosiery divestiture and approximately $42 million from changes in foreign currency exchange rates. This represents an approximate 4% decrease as compared to prior year on a reported basis and an approximate 2% decrease on an organic constant currency basis.</li>
<li>GAAP operating profit from continuing operations of approximately $174 million.</li>
<li>Adjusted operating profit from continuing operations of approximately $417 million, which includes a projected headwind of approximately $8 million from changes in foreign currency exchange rates.</li>
<li>Pretax charges for restructuring and other action-related charges of approximately $243 million.</li>
<li>GAAP and Adjusted Interest expense of approximately $195 million, which reflects the pay down of debt from the use of net proceeds from the Champion sale and internal cash generation.</li>
<li>GAAP Other expenses of approximately $53 million, which includes approximately $10 million of accelerated amortization of debt issuance costs. Adjusted Other expenses of approximately $43 million.</li>
<li>GAAP and Adjusted Tax expense of approximately $40 million, which includes a net tax benefit primarily related to a release of certain tax reserves.</li>
<li>GAAP loss per share from continuing operations of approximately $(0.32).</li>
<li>Adjusted earnings per share from continuing operations of approximately $0.39.</li>
<li>Cash flow from operations of approximately $250 million.</li>
<li>Capital investments of approximately $50 million, consisting of approximately $40 million of capital expenditures and approximately $10 million of cloud computing arrangements. Per GAAP, capital expenditures are reflected in cash from investing activities and certain cloud computing arrangements are reflected in Other Assets within cash flow from operating activities. The approximate $10 million of cloud computing arrangements is factored into the full year cash flow from operations guidance of approximately $250 million.</li>
<li>Free cash flow of approximately $210 million.</li>
<li>Fully diluted shares outstanding of approximately 355 million.</li>
</ul>
For fourth-quarter 2024, which ends on December 28, 2024, the Company currently expects:
<ul>
<li>Net sales from continuing operations of approximately $900 million, which includes projected headwind of approximately $4 million from changes in foreign currency exchange rates. This represents an approximate 2% increase as compared to prior year on a reported basis and an approximate 3% increase on an organic constant currency basis.</li>
<li>GAAP operating profit from continuing operations of approximately $95 million.</li>
<li>Adjusted operating profit from continuing operations of approximately $115 million, which includes a projected headwind of approximately $1 million from changes in foreign currency exchange rates.</li>
<li>Pretax charges for restructuring and other action-related charges of approximately $20 million.</li>
<li>GAAP and Adjusted Interest expense of approximately $45 million, which reflects the pay down of debt from the use of net proceeds from the Champion sale and internal cash generation.</li>
<li>GAAP Other expenses of approximately $24 million, which includes approximately $10 million of accelerated amortization of debt issuance costs. Adjusted Other expenses of approximately $14 million.</li>
<li>GAAP and Adjusted Tax expense of approximately $5 million, which includes a net tax benefit primarily related to a release of certain tax reserves.</li>
<li>GAAP earnings per share from continuing operations of approximately $0.06.</li>
<li>Adjusted earnings per share from continuing operations of approximately $0.14.</li>
<li>Fully diluted shares outstanding of approximately 357 million.</li>
</ul>
HanesBrands has updated its quarterly frequently-asked-questions document, which is available at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.Hanes.com%2FFAQ&amp;esheet=54148472&amp;newsitemid=20241107569107&amp;lan=en-US&amp;anchor=www.Hanes.com%2FFAQ&amp;index=1&amp;md5=b4b20882990d535ada47fa19da8098bf">www.Hanes.com/FAQ</a>.

Guidance

Hanesbrands Sees Q4 Adj. EPS $0.14 Vs $0.12 Est.; Net Sales Of ~$900M Vs $942.13M Est.; FY24 Adj. EPS $0.39 Vs $0.34	 Est.; Net Sales Of ~$3.61B Vs $3.6B Est.

Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $0.12 by 25 percent. The company reported quarterly sales of $937.10 million which missed the analyst consensus estimate of $1.02 billion by 7.70 percent.&nbsp;

Earnings

Earnings Beats

Earnings Misses

Hanesbrands Q3 2024 Adj EPS $0.15 Beats $0.12 Estimate, Sales $937.10M Miss $1.02B Estimate

Hurricane Helene and the aftermath of the Category 4 storm have left over 100 people dead, millions without power and destruction not seen in decades in several states since making<a href="https://www.benzinga.com/news/24/09/41073069/hurricane-helene-update-28-dead-power-outages-insurance-damages-and-more"> landfall Thursday night.</a>
What Happened: The hurricane, which shut down airports, roads and bridges, theme parks and sporting contests<a href="https://www.benzinga.com/general/sports/24/09/41053573/hurricane-helene-disrupts-flights-sports-events-disney-operations-affected-regions-stocks-to-watch"> ahead of the storm&#8217;s landfall,</a> further devastated the states in its path after making landfall.
At least 102 people are dead across the states of North Carolina, South Carolina, Georgia, Florida, Tennessee and Virginia, as reported by <a href="https://www.cnn.com/weather/live-news/hurricane-helene-florida-north-carolina-georgia-09-30-24/index.html">CNN</a>.
With more than 100 dead, Hurricane Helene now ranks as one of the deadliest hurricanes to hit the U.S. in the last 50 years. Hurricane Katrina had 1,833 fatalities and remains the worst storm in the last 50 years. Helene ranks third behind Katrina and Hurricane Ian, which caused 150 deaths.
Georgia Gov. Brian Kemp said Hurricane Helene "spared no one" when it came to the storm path.
"It looks like a tornado went off, it looks like a bomb went off," Kemp said.
Regions in North Carolina and South Carolina received four to five months worth of rain over a three-day period.
The federal government has declared a public health emergency for Florida, Georgia and North Carolina. Federal disaster declarations have been made for Florida, Georgia, Alabama, North Carolina, Tennessee and Virginia.
President Joe Biden is set to visit some of the impacted areas later this week "as soon as it will not disrupt emergency response operations," the White House said. Former President Donald Trump is set to visit areas impacted by the hurricane on Monday.
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North Carolina Hit Hard: Among the states most affected by Hurricane Helene is North Carolina, with Buncombe County, home of the city of Asheville, accounting for at least 40 of the storm fatalities. 
North Carolina Gov. Roy Cooper called Hurricane Helene "one of the worst storms in modern history."
Over 200 roads are closed in North Carolina as of Monday, with many people still unaccounted for, meaning the fatality count could rise in the coming days.
The hurricane damage in North Carolina could impact several key <a href="https://www.commerce.nc.gov/business/key-industries-north-carolina">industries</a>, with the state&#8217;s plastics/chemical workforce being one of the country&#8217;s largest, as well as North Carolina being a large employer in the automotive sector, the home of several large financial companies, the second largest turbine manufacturer and a key semiconductor manufacturer.
The state is one of the largest textile manufacturers in the country and is the home of Hanesbrands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>).
Fourteen of the Fortune 500 companies call North Carolina home, including Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) and Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>).
Lowe's and peer home improvement company Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) are among the companies that could benefit from the restoration efforts in the region and the home repairs and rebuilds needed in the coming months.
Power Outages: Over 4 million homes had no power as of Friday across Florida, Georgia and South Carolina.
As of Monday morning, 2 million homes and businesses remain without power.
Duke Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>), which is headquartered in North Carolina, offers utilities to several of the states impacted by the storm. The company <a href="https://www.prnewswire.com/news-releases/duke-energys-hurricane-helene-recovery-restores-power-to-more-than-1-1-million-in-south-and-north-carolina-downed-trees-blocked-roadways-damaged-and-destroyed-power-equipment-impeding-efforts-in-the-sc-upstate-region-and-nc-302261927.html">said </a>it has restored power to more than 1.1 million people in North Carolina and South Carolina with over 900,000 customers still without power as of Sunday night, primarily in the Carolinas. 
Helen&#8217;s aftermath could be a long process for Duke Energy, which is a publicly traded company.
"Based on what we can see on the ground, from helicopter and by drone, there are lots of areas across the South Carolina Upstate and North Carolina mountains where we're going to have to completely rebuild parts of our system, not just repair it," Duke Energy storm director for the Carolinas Jason Hollifield said.
Georgia Power, which is a unit of Southern Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>), is another utility company that <a href="https://www.prnewswire.com/news-releases/georgia-power-releases-key-estimated-damage-statistics-from-hurricane-helene-as-restoration-progress-continues-302261899.html">faced </a>heavy power outages. The company said Sunday that it had restored power for around 690,000 customers and around 425,000 are still without power.
The utility company said Hurricane Helene was the "most destructive hurricane" in company history. The company estimates it will have to replace or repair over 5,000 power poles, over 9,000 spans of wire and over 500 transformers.
Generator company Generac Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) could see a lift in the current quarter with heavy purchases likely to have been made ahead of the storm.
Insurance Impact: After the hurricane hit an area of Florida with a lower population than other regions, a report from the Miami Herald said the losses from the storm could be modest for the state's insurance market and smaller than Hurricane Ian (2022) and Hurricane Michael (2018).
Ahead of the storm, a report from reinsurance company Gallagher Re, which is a unit of Arthur J. Gallagher &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>), said private insurers' losses could come in a range of $3 billion to $6 billion across multiple states.
Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), Allstate Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>) and Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) are among the publicly traded companies that could be impacted by the insurance claims from the hurricane.
 A new report from AccuWeather, <a href="https://www.nbcnews.com/news/weather/live-blog/helene-deadly-storm-live-updates-rcna173203">shared </a>by NBC News, says the total damage from the storm and the economic loss could total a range of $145 billion to $160 billion. The previous AccuWeather estimate was a range of $95 billion to $100 billion.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/09/41028495/will-hurricane-helene-disrupt-floridas-cannabis-industry-trulieve-ceo-says-co-is-locked-and-load">Will Hurricane Helene Disrupt Florida&#8217;s Cannabis Industry? Trulieve CEO Says Co. Is &#8216;Locked And Loaded, Not Our First Storm Rodeo&#8217;</a></li>
</ul>
Photo via Shutterstock.

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Hurricane Helene: 102 Dead, 2 Million Without Power After Storm Destruction In 6 States

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Shares of companies within the broader consumer discretionary sector are trading higher following better-than-expected consumer sentiment data. Strong earnings from RH and anticipated rate cuts may be lifting the sector.

Shares of apparel and athletic wear companies are trading lower in sympathy with Foot Locker and Abercrombie, which fell after reporting quarterly earnings.

In the last three months, 4 analysts have published ratings on Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>), offering a diverse range of perspectives 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.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $5.88, with a high estimate of $6.50 and a low estimate of $5.00. This current average reflects an increase of 20.49% from the previous average price target of $4.88. 
<img src="https://www.benzinga.com/files/images/story/2024/1724774475_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A clear picture of Hanesbrands's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$6.50</td>
<td>$5.00</td>
</tr>
<tr>
<td>Jim Duffy</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$6.00</td>
<td>$4.50</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$6.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$5.00</td>
<td>$5.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Hanesbrands. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hanesbrands compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Hanesbrands's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Hanesbrands's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/HBI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Hanesbrands analyst ratings.</a>
<h2>Discovering Hanesbrands: A Closer Look</h2>
Hanesbrands manufactures basic and athletic apparel under brands including Hanes, 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 and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.
<h3>Key Indicators: Hanesbrands's Financial Health</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Hanesbrands faced challenges, resulting in a decline of approximately -3.83% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Hanesbrands's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -29.98%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Hanesbrands's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -148.24%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -5.44%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Hanesbrands's debt-to-equity ratio stands notably higher than the industry average, reaching 55.14. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>What Are Analyst Ratings?</h2>
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. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

In-Depth Examination Of 4 Analyst Recommendations For Hanesbrands

Hanesbrands shares are trading higher after UBS maintained a Neutral rating on the stock but raised its price target from $5 to $6.5

UBS analyst Jay Sole maintains Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) with a Neutral and raises the price target from $5 to $6.5.

UBS Maintains Neutral on Hanesbrands, Raises Price Target to $6.5

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Shares of companies in the retail and consumer discretionary sector are trading higher following stronger-than-expected retail sales data and strong earnings from Walmart.

Stifel analyst Jim Duffy maintains Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) with a Hold and raises the price target from $4.5 to $6.

Stifel Maintains Hold on Hanesbrands, Raises Price Target to $6

Barclays analyst Adrienne Yih maintains Hanesbrands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>) with a Equal-Weight and raises the price target from $5 to $6.

Barclays Maintains Equal-Weight on Hanesbrands, Raises Price Target to $6

Hanesbrands shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.

Investor risk sentiment is showing greater conviction on Thursday, with all indices and major stock sectors in the green, after Wall Street failed to hold onto opening gains and closed in the <a href="https://www.benzinga.com/markets/equities/24/08/40237781/wall-street-ends-wednesday-in-the-red-as-risk-sentiment-remains-fragile-s-p-500-movers-at-the-cl">red the previous day.</a>
Weekly jobless claims numbers, which came in at 233,000 last week — a significant drop from the previous 250,000 and below the expected 240,000 — <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/08/40251833/weekly-unemployment-claims-decline-more-than-expected-cool-recession-concerns-stocks-r">helped ease recession fears. </a>
Additionally, the notable decline in weekly claims in Texas suggests that a one-off event like Hurricane Beryl might have contributed to the increase in claims and the July unemployment rate, thus alleviating fears of a more structural trend.
Technology stocks are leading the charge, with the Nasdaq 100 showcasing a 2.2% rally. Among tech stocks, semiconductors are shining, with AI-linked trade back on track after significant <a href="https://www.benzinga.com/markets/equities/24/08/40259139/tech-stocks-rally-after-5-day-slump-as-recession-panic-eases-nasdaq-100-movers-to-watch-thursday">sell-offs in recent days.</a>
The iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) rallied 5.7%, returning above its 200-day moving average after falling below it last Friday. Industrial, consumer discretionary and energy stocks are also posting significant gains.
The dollar continues its recovery against the Japanese yen after being hit by the unwinding of the carry trade until Monday. The dollar-yen exchange rate is looking at its third consecutive day of gains, continuing to reflect the dovish remarks made by the <a href="https://www.benzinga.com/markets/asia/24/08/40223986/traders-resume-yen-dollar-carry-trade-as-bank-of-japan-pledges-no-rate-hikes-during-market-volatilit">Bank of Japan on Wednesday.</a>
Bonds, which alongside the yen were favored during past sessions marked by recession fears, are now retracing as yields rise across the Treasury curve. The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) tumbled by 0.8% on Thursday, eyeing its third straight session of declines. The yield on the 10-year Treasury note surged by 5 basis points to 4%.
Commodities are showing solid gains, with gold and silver up by 1.5% and 3.5%, respectively. Oil is up 0.8%, with West Texas Intermediate (WTI) light crude returning above the $75 per barrel level.
Cryptocurrencies are soaring, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) posting a 7.9% daily gain, on track for its best session in about three months.
<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,267.70</td>
<td>2.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,285.21</td>
<td>1.6%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,063.97</td>
<td>1.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,231.86</td>
<td>1.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:44 p.m. ET</figcaption></figure>
<h1 class="wp-block-heading">According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080824&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:</h1>
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 1.7% to $527.46.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;increased by 1.2% to $392.63.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) soared 2.4% to $445.17.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) gained 1.7% to $205.38.</li>
<li>All the sectors of the S&amp;P 500 saw gains, with the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) leading the way, up by 2.8%. The more defensive Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) witnessed the lowest surge, up by 0.4%.</li>
</ul>
<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>
Technology stocks rallying on improved risk sentiment are: 
<ul>
<li>Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) up 7.8%,</li>
<li>ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) up 7.1%,</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) up 6.2%,</li>
<li>Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) up 6.1%,</li>
<li>KLA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) up 6%, </li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) up 5.9%</li>
</ul>
Stocks moving on earnings reports are: 
<ul>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) up 9.9%</li>
<li>Blink Charging Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>) down 17%</li>
<li>Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) down 31%</li>
<li>Cars.com Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARS#NYSE">CARS</a>) down 6%</li>
<li>CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) up 7.2%</li>
<li>Fastly, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>) down over 17%</li>
<li>Forward Air Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRD#NASDAQ">FWRD</a>) up nearly 22%</li>
<li>Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>), up 15%</li>
<li>HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) up 2.8%</li>
<li>Krispy Kreme, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>) up 14,</li>
<li>Marathon Oil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>) up 1.2%</li>
<li>Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>) down 11%</li>
<li>Papa John&#8217;s International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) up 2.5%</li>
<li>PENN Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) up 7%</li>
<li>Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) down 0.5%</li>
<li>Restaurant Brands International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) up 2.3%</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) up 2.22%</li>
<li>Under Armor, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) up 18%</li>
<li>Viasat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSAT#NASDAQ">VSAT</a>) up nearly 37%</li>
<li>Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) down nearly 9%</li>
<li>Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/Z#NASDAQ">Z</a>) up nearly 19%. </li>
</ul>
Those reporting after the close are Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>), CarGurus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARG#NASDAQ">CARG</a>), Dropbox, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBX#NASDAQ">DBX</a>), elf Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>), Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>), Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Insulet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>), Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>), Take-Two Interactive Software, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>), Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), and Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>).
Read Now:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40257259/robinhood-is-doing-everything-right-analysts-focus-on-new-products-traders-taking-m">Robinhood Is Doing &#8216;Everything Right&#8217;: Analysts Focus On New Products, Traders Taking Market Share From Competitors</a></li>
</ul>
Photo: Shutterstock

Macro Economic Events

Bonds

Broad U.S. Equity ETFs

Commodities

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Econ #s

Economics

Federal Reserve

Tech

ETFs

$BTC

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SPDR Dow Jones Industrial Average ETF Trust

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MRVL

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PLUG

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iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

iShares Trust Barclays 20+ Year Treasury Bond Fund

TTWO

VSAT

YELP

Wall Street Rallies As Economic Concerns Recede, Tech Flexes Its Muscles, Semiconductors Soar: What's Driving Markets Thursday?

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Barclays Reaffirms Their Hold Rating on Hanesbrands (HBI)

Barclays analyst Paul Kearney raised the firm's price target on Hanesbrands (HBI) to $7 from $6 and keeps an Equal Weight rating on the shares post...

Hanesbrands price target raised to $7 from $6 at Barclays

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HanesBrands (HBI) Delivers Surprising Q3 Results as it Sells of Champion Brand

My Single Biggest Regret As An Investor

UBS upgraded Hanesbrands (HBI) to Buy from Neutral with a price target of $11, up from $9. The firm said that Hanesbrands is a "turnaround stock," ...

UBS upgrades Hanesbrands to Buy, calls it a 'turnaround stock'

Hanesbrands (HBI) is up 5.5%, or 47c to $8.92. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news...

Hanesbrands rises 5.5%

Hanesbrands earns upgrade at UBS as turnaround plan gains traction

Garment maker BrilliA prices $10M IPO at $4 per share

Unusual total active option classes on open include: UP Fintech Holding Ltd (TIGR), BigBearai Holdings (BBAI), Fastly Inc (FSLY), KE Holdings (BEKE...

Unusually active option classes on open December 9th

Bearish flow noted in HanesBrands (HBI) with 3,955 puts trading, or 14x expected. Most active are Apr-25 8 puts and Jan-25 8 puts, with total volum...

HanesBrands put volume heavy and directionally bearish

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HanesBrands Appoints Sharilyn Gasaway to Board of Directors

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HanesBrands Announces Second-Quarter 2024 Results

HanesBrands Completes Sale of Global Champion Business to Authentic Brands Group

HanesBrands Provides Details for Third-Quarter 2024 Earnings Announcement and Investor Conference Call

Harley-Davidson and Champion Reignite Their Partnership with a Bold New Capsule Collection

HanesBrands Announces Third-Quarter 2024 Results

HanesBrands Celebrates 15 Years of Hanes for Good, Donating Over 6 Million Essential Apparel Items to Support the Unhoused Community Nationwide

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