I considered this a fairly safe invest, but it has been bouncing all over the place. Good to buy on dips I guess, but it would be nice if it leveled off.
Anyone know what the X-Dividend date is for HBI?? Since last payout was in February, thought it should fall early in May.
How is an underwear company so volatile?
Anyone know why HBI took a 6%+ haircut today?
What's the game changer for this stock??
This may be hit tomorrow, but who knows.
Convinciable...Yes my Stupid Moronic Little Buddy you are screwed big time!!
Where is growth. For a large part they have bought companies they used to own and underwear is still paying for everything. Where is the actual growth????
With a forward p/e below 10, great brand recognition, and the basic necessity of their products, HBI is bound to go up.
I'd much rather have Hanes at today's price of approx. 10x next years earnings than Duluth at close to 30 times next year's earnings. Hanes primary lines are middle of the road quality but they are starting to offer some "premium" products like their X-Temp socks and underwear which I'd compare to Duluth at 4-5 times the price. Duluth's market is pretty limited for relatively generic good quality products at their current pricing strategy. In order to continue expanding sales, I see Duluth having to make major concessions on pricing (how many men are willing to pay $25 for one pair of underwear?) which would really tank their margins and bottom line. Hanes is already one of the best recognized brands with value pricing so it will be hard for most competitors to match them, especially if they can do a little better job marketing/differentiating the new X-Temp brands from their standard lines. Upside for Hanes and downside for Duluth as I see it.
in addition to brick and mortar challenges, hanes manufactures product outside the US, which may be susceptible to new trade policies under President trump. also, their product will have to compete side by side with the generic products sold in big box stores like costco, target, and walmart. it will be a rough road ahead. do not buy this stock. I dont want to see any more smaller investors lose money when the big guys have analysts projecting this stock at $14. forewarned. all best, mike
Spoke to a friend who works in private wealth management for morgan stanley.. his team manages a portfolio for 40 high net worth individuals and charities. they have completely sold all hanes stock, as they see obvious challenges with hanes being sold primarily in brick and mortar
Good to see top execs are stealing less millions
Why is nobody active on this board?
HBI has a positive institutional ownership at 88.20%. Depending on your hold time this may be a compelling entry. Do you guys find it difficult to know when to buy or sell something? I prefer to get my stocks from awesome-STOCKS.
Good buying op for long term. Morningstar top pick, Also favored by S&P(Strong Buy), Barrons fav, et... I don't think folks are going to quit buying cotton undies.
Hanesbrands current valuation is getting extremely interesting. To be clear, I have been playing HBI long/short term. Luckily for me, I anticipated this and protected my portfolio. My morning order also finally got filled at $19 to advarage down my holding. If it decide to go lower 3-5 bucks more I am preparing myself to add an additional 500-1000 shares. When the dust settle, Hanesbrands is a very powerful company with a nicely increasing dividends and free cash flow. Decent debt. It has become an exceptional buyout target acquisition at current level. Don't be surprise to start seeing street chatter about this now.
Something in the economy sucks. Nike, UnderArmour and now Hanes. Sports apparel and tee shirts...underwear...sneakers.....all sales are dropping still growing
When great companies like this offer buying opportunities wise investor load up. I like Buffets approach to these kind of drops.