|Bid||11.62 x 800|
|Ask||11.53 x 2200|
|Day's Range||11.35 - 11.82|
|52 Week Range||11.35 - 20.74|
|Beta (5Y Monthly)||1.47|
|PE Ratio (TTM)||8.98|
|Forward Dividend & Yield||0.60 (5.16%)|
|Ex-Dividend Date||May 09, 2022|
|1y Target Est||N/A|
Subscribe to Yahoo Finance Plus to view Fair Value for HBI
The recent 11% drop in Hanesbrands Inc.'s ( NYSE:HBI ) stock could come as a blow to insiders who purchased US$599k...
Week to date, shares of Hanesbrands (NYSE: HBI) were down 10.5% through Thursday's close, according to data provided by S&P Global Market Intelligence. The move wasn't based on any company-specific news. Since announcing its new Full Potential Strategy a year ago, Hanesbrands has underperformed the broader market.
Let's start by getting this out of the way -- Hanesbrands (NYSE: HBI) is probably not the most interesting company that you've ever come across. Shares of Hanesbrands are down nearly 40% from their 52-week high and about 10% over the past month as investors wring their hands over supply-chain issues, commodity inflation taking a bite out of Hanesbrands' bottom line, and inflation curtailing consumer demand. The stock sold off after Hanesbrands discussed these issues on its May earnings call.