With 4.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.11 million shares. The 52-week range on HBI shows that it touched its highest point at $9.10 and its lowest point at $4.02 during that stretch. It currently has a 1-year price target of $5.08. Beta for the stock currently stands at 1.51.
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 down-trending over the past week, with a drop of -2.81%, but this was up by 1.68% over a month. Three-month performance dropped to -16.95% while six-month performance fell -45.57%. The stock lost -6.01% in the past year, while it has lost -40.42% so far this year. A look at the trailing 12-month EPS for HBI yields -0.64 with Next year EPS estimates of 0.58. For the next quarter, that number is 0.18. This implies an EPS growth rate of 35.42% for this year and 6.53% for next year.
Float and Shares Shorts:
At present, 353.64 million HBI shares are outstanding with a float of 347.58 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HBI since 5 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
