|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.41 - 24.64|
|52 Week Range||18.91 - 27.07|
|PE Ratio (TTM)||16.08|
|Dividend & Yield||0.60 (2.43%)|
|1y Target Est||N/A|
Shares of Hanesbrands (HBI) are falling Thursday after Instinet analyst Simeon Siegel threw in the towel on the intimate apparel maker. Siegel downgraded the stock today from a Buy to a Neutral following a nearly 13% rally by the stock since the start of the year, arguing that investors should lock in returns ahead of what could be a ugly holiday season for retailers.
This means that investors who seek to profit from falling equity prices are currently targeting HBI. Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Michael Kors sees its Relative Strength Rating hit the 80-plus level.