Commodity Channel Index
|Bid||9.77 x 3000|
|Ask||9.97 x 3200|
|Day's Range||9.65 - 10.09|
|52 Week Range||6.96 - 17.69|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||7.01|
|Forward Dividend & Yield||0.60 (5.88%)|
|Ex-Dividend Date||May 18, 2020|
|1y Target Est||N/A|
Shares of Under Armour (NYSE: UAA) (NYSE: UAA), Hanesbrands (NYSE: HBI), and Capri Holdings (NYSE: CPRI) were among the big winners Tuesday as the broad market rallied on economic reopenings continuing and signs that more companies were entering the vaccine race. Apparel retailers have been hit hard by the COVID-19 pandemic as they were forced to close stores, being non-essential retailers.
With volatility through the roof over the last few months, finding a good dividend stock isn't as easy as it once was. With that in mind, let's take a look at three dividend stocks that are selling for cheap today. AT&T (NYSE: T) has lurched from one repositioning to the next over the last few years.
The S&P; 500's powerful 32% rally from the low may look too good to be true. And skeptical investors are betting it is — in some cases.
Tonight, ESPN will air the final two episodes of The Last Dance, its fantastic documentary about the greatest basketball player who ever lived: Michael Jordan. For those who may not remember the Michael Jordan era, not only did "MJ" transform NBA basketball into a global phenomenon, he also propelled several consumer companies to new heights of brand awareness through big-time endorsements. In fact, the following Michael Jordan-endorsed brands could make solid picks for either the defensive, long-term investor, or those with a more aggressive bent amid the coronavirus downturn.
Why are credit ratings and credit risk still used interchangeably? In today’s environment, distinguishing between the two seems more important than ever Continue reading...
A number of apparel brands are not only supplementing for the shortage of protective gear but also looking for a survival strategy by selling facial masks and other protective gear.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hanesbrands, Inc. New York, May 06, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hanesbrands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The company expects to make $300 million off sales of face masks this year, but the long-term opportunity could be significantly bigger.
Those holding Hanesbrands (NYSE:HBI) shares must be pleased that the share price has rebounded 35% in the last thirty...
Like many other U.S. companies, Hanesbrands Inc. (NYSE: HBI) started 2020 with dynamic, positive sales before running headlong into the economic meat grinder of the coronavirus pandemic, as shown in the first-quarter 2020 financial results it released this morning. The apparel company, which owns numerous familiar brands such as Hanes, Bali, Maidenform, Sheer Energy, L'eggs, and Beefy-T, among others, sustained an approximate 10% decline in both innerwear and outerwear sales, while its revenue and earnings per share (EPS) came up short of analyst forecasts. The company's adjusted $0.05 EPS came in at less than half of the $0.11 analyst consensus estimate reported by Zacks Equity Research.
Moody's Investors Service ("Moody's") today downgraded Hanesbrands, Inc.'s ("Hanesbrands") corporate family rating ("CFR") to Ba2 from Ba1, probability of default rating ("PDR") to Ba2-PD from Ba1-PD, and existing senior unsecured notes to Ba3 from Ba2. Moody's also downgraded Hanesbrands Finance Luxembourg S.C.A's ("HF Lux") senior unsecured notes to Ba2 from Ba1.
HanesBrands (HBI) delivered earnings and revenue surprises of -54.55% and -2.72%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Hanesbrands' (HBI) first-quarter 2020 performance is likely to reflect strength in the Champion brand and the online business. However, weak Innerwear segment has been a concern.
Shares of GameStop (NYSE: GME), Hanesbrands (NYSE: HBI), and The Michaels Companies (NASDAQ: MIK), a handful of consumer goods and retail businesses, all jumped well over 10% Monday afternoon, with GameStop and Michaels topping 20%, after investors seemed encouraged by COVID-19 data and some states' plans to cautiously reopen parts of their economy. Gov. Andrew Cuomo announced the total hospitalization rate was essentially flat and that the death toll has continued to drop since its April 9 peak. The mere mention of states considering reopening parts of their economy sooner rather than later had shares of many hard-hit retail and consumer goods businesses jumping today.
The S&P 500 gained 27% from its bottom on March 23 through April 24. We explain why these five stocks have fallen, and what they need to join the upside.
Hanesbrands (HBI) gave back a bit on Monday, but still remains up more than 30% from its lows a week or so ago — and boasts a 6% yield to boot. The company’s “innerwear” lines also remain challenged in the age of e-commerce competition and plenty of alternatives for shoppers looking for comfort at a competitive price. Another troubling sign is that the company has binged on junk bonds in recent years and currently sits on $3.6 billion in debt — more than its current market cap.
The Defense Production Act allows government to compel companies into manufacturing supplies for national defense purposes. 3M Company (MMM) has already responded to the situation.
Fashion brands like The Gap, Inc. (GPS) and HanesBrands, Inc. (HBI) are not only supplementing for the shortage of protective gear, but also looking for a survival strategy.