With 9.17 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.68 million shares. During the session, the Apparel Manufacturing company that operates in wider Consumer Cyclical sector, reached to the highest price of $7.03 whereas the lowest price it dropped to was $6.76. The 52-week range on HBI shows that it touched its highest point at $6.93 and its lowest point at $3.54 during that stretch. It currently has a 1-year price target of $5.14. Beta for the stock currently stands at 1.56.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HBI was up-trending over the past week, with a rise of 10.66%, but this was up by 7.70% over a month. Three-month performance surged to 37.55% while six-month performance rose 27.32%. The stock gained 53.59% in the past year, while it has gained 53.59% so far this year. A look at the trailing 12-month EPS for HBI yields -0.85 with Next year EPS estimates of 0.58. For the next quarter, that number is 0.12. This implies an EPS growth rate of 484.31% for this year and 65.36% for next year.
Float and Shares Shorts:
At present, 350.14 million HBI shares are outstanding with a float of 347.48 million shares on hand for trading. On 2024-08-30, short shares totaled 51.54 million, which was 1466.0 higher than short shares on 1722384000. In addition to Mr. Stephen B. Bratspies as the firm’s CEO & Director, Mr. Markland Scott Lewis serves as its CFO, Chief Accounting Officer & Senior VP.
Institutional Ownership:
Through their ownership of 0.93011004 of HBI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-29, HBI reported revenue of $995393000.0 and operating income of -$63129000.0. The EBITDA in the recently reported quarter was -$44611000.0 and diluted EPS was -$0.85.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HBI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
