|Bid||17.78 x 4000|
|Ask||18.82 x 1000|
|Day's Range||18.54 - 18.84|
|52 Week Range||11.57 - 22.57|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||12.35|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.60 (3.21%)|
|1y Target Est||19.39|
Accelerating wage increases are putting pressure on profits, but Goldman Sachs finds that these companies are positioned to maintain their margins.
Winston-Salem-based apparel firm Hanesbrands received top marks for its efforts against climate change, according to the CDP 2018 Climate Change Report. The company received an overall grade of A- from CDP, formerly known as the Carbon Disclosure Project, for its transparency, managing emissions, implementing best practices and taking action on climate change issues. Hanes has voluntarily submitted its carbon emissions data to CDP since 2010.
The planned departure of the Triad's two leading Fortune 500 companies continues a long trend of the Triad losing the HQ presence of nationally recognized companies. Of the 25 companies on TBJ's local public companies list a decade ago, only eight remain public and based in the region.
Hanes Ranks in Top 6 Percent of Nearly 7,000 Companies Disclosing for the Climate Change Report
Calendar 2018 was a rough year for apparel giant Hanesbrands (NYSE:HBI). Innerwear sales -- long considered this company's bread and butter -- faltered in the face of rising competition. Operating margins dropped as growth trends slowed. Net profit margins fell by even more under the weight of a growing debt load and rate hikes, which ballooned interest expenses. Profits dropped. HBI stock fell.Source: Shubert Ciencia Via FlickrAll of those headwinds culminated with Hanesbrands stock falling to $11 by Christmas, the lowest in five years. For context, HBI was a $20 stock at the beginning of 2018.Since dropping to $11, though, HBI stock has staged a huge turnaround. Thanks mostly to improving macroeconomic sentiment and a strong double-beat fourth-quarter earnings report, Hanesbrands stock has almost doubled in a little more than two months, and now trades just shy of $20.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis turnaround in HBI stock has legs. Hanesbrands is a stable company with a big yield, and improving trends on the revenue, margin, and balance sheet fronts. As those trends continue to make progress in 2019, the shares will continue to rally. Prices above $20, and closer to $25, are within reach this year. Buyers here won't be disappointed. The Bad Year Is OverCalendar 2018 was a bad year for Hanesbrands. Long story short, innerware -- the company's healthiest business segment -- started to show signs of weakness. That freaked out investors, who were already looking at falling margins and ballooning interest expenses. Net result? Profits dropped and investors fled. * Buy These 5 Stocks to Play the Megatrend of the Century Surprisingly strong Q4 numbers last week underscore that calendar 2019 will be way different for many reasons. Why? * Q4 organic sales growth was 6%, the best rate in eight years. * U.S. innerwear sales were flat year-over-year in the quarter, versus a 7% drop in the third quarter. * Direct sales growth accelerated to 23% in the fourth quarter, versus 15% growth in the third. * Activewear sales rose by 13%, led by 50% growth at Champion. Q3 activewear sales rose 7%. * International sales increased 12%, versus 11% growth in the third quarter. * Operating margins improved by 40 basis points year-over-year, after declining sharply throughout the first half 2018. * The guide implied continued positive revenue growth and slight margin expansion next year.Overall, Q4 was really good. It underscored that the worst for the innerwear segment is over, while the activewear and international segments are only getting hotter. Meanwhile, margins are finally starting to improve again, and interest expense is stabilizing as rates level off.That's a bunch of good news and explains why HBI stock has rallied in such a big way since the holidays. Fundamentals Support Further UpsideThe good thing about HBI stock is that it was so beaten up in late 2018, that the stock's near 50% year-to-date rally could extend even further.Consider this. Even after the huge early 2019 rally, HBI stock still has a 3%-plus dividend yield. The forward P/E multiple is still just 10x, while the forward price-to-sales multiple is below 1x. The stock is 20% off its 52-week highs, and down 40% from its three-year peak.In other words, HBI stock is still really beaten up. Those valuation metrics would make sense if Hanesbrands found itself drowning in debt, running net losses, and unable to grow revenues. But, that isn't where the apparel maker finds itself today. Instead, the company is reducing leverage at an impressive rate. It's generated lots of profits, and those profits are expected to grow. Meanwhile, organic sales growth is running at multi-year high levels. * The 9 Best Stocks to Invest In During a Manic Market In the big picture, HBI stock is still far too cheap, considering this is a financially healthy company with stabilizing operations. As such, this rally won't fizz out any time soon; It should persist for the foreseeable future. Bottom Line on HBI StockHBI stock got way too cheap at the end of last year. Now, the shares are recovering following a strong double-beat Q4 earnings report, implying that the worst is over. This recovery should persist for most of 2019. The underlying trends are improving, and the valuation remains anemic. That combination should keep the early 2019 rally in Hanesbrands stock alive for a little while longer.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post Hanesbrands Stock Turnaround Has Runway After Year-End Beat Down appeared first on InvestorPlace.
Let's see if Hanesbrands Inc. (HBI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
While the markets focus on this development, the deluge of fourth-quarter earnings reports continues. Despite a small market capitalization of around $200 million, four analyst firms have reiterated Buy ratings since results were posted to start the week.
Hanesbrands Inc NYSE:HBIView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and declining Bearish sentimentShort interest | NeutralShort interest is moderately high for HBI with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 6. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding HBI totaled $15.24 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The Dow Jones Industrial Average fell 0.87% to end at 25,169.53. The S&P 500 lost 0.94% to close at 2706.05, and the Nasdaq Composite tumbled 1.18% to end at 7288.35.
Stocks that moved substantially or traded heavily on Thursday: SunTrust Banks Inc., up $5.98 to $64.72 Southern regional banks BB&T and SunTrust are combining in an all-stock deal to create a new bank ...
Hanesbrands also was able to pay down much of its debt at the end of the year, the company said, better positioning it for 2019. All told, for 2018 Hanesbrands posted adjusted earnings per share of $1.71 compared with $1.93 in 2017. "Our diversification strategy is working," said Hanesbrands CEO Gerald W. Evans Jr. in a statement, noting that global sales of its Champion brand were up, as well as demand for underwear, or as the company calls it, "innerwear," from Australia, Asia and the Americas.
Hanesbrands Stock Surges after Beating Q4 ExpectationsBetter-than-expected results Hanesbrands’ (HBI) better-than-expected Q4 2018 results caused a steep hike in the stock today. It was up 19.1% as of 1:52 PM ET. Sales grew 7.5% to $1.77 billion,
Hanesbrands earnings for the fourth quarter of 2018 have HBI stock on the rise Thursday.Source: Shubert Ciencia Via FlickrHanesbrands (NYSE:HBI) reports earnings per share of 48 cents for the fourth quarter of the year. This is a drop from the company's earnings per share of 52 cents from the same time last year. However, it was a boon to HBI stock by coming in above Wall Street's earnings per share estimate of 46 cents for the quarter.The Hanesbrands earnings report for the fourth quarter of 2018 also includes net income of $161.62 million. This is better than the company's net loss of $384.61 million reported in the fourth quarter of 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating profit in the Hanesbrands earnings report for the fourth quarter of the year comes in at $244.91 million. The clothing company's operating profit from the same period of the year prior was $125.75 million.Hanesbrands earnings for the fourth quarter of 2018 also have it reporting revenue of $1.77 billion. This is an increase over the company's revenue of $1.65 billion reported in the fourth quarter of the previous year. It was also great news for HBI stock by beating out analysts' revenue estimate of $1.71 billion for the period. * 10 Monster Growth Stocks to Buy for 2019 and Beyond The most recent Hanesbrands earnings report also includes its outlook for the full year of 2019. It is expecting earnings per share between $1.72 and $1.80 on revenue ranging from $6.885 billion to $6.985 billion. Wall Street is estimating earnings per share and revenue of $1.80 and $6.79 billion for 2019.HBI stock was up 17% as of noon Thursday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Are These 7 Dividend Aristocrats ETFs Fit for a King? * 7 of the Best Emerging Markets Stocks to Buy * 5 Gold Stocks That Should Glitter in 2019 As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Hanesbrands Earnings: HBI Stock Soars on Strong Q4 Results appeared first on InvestorPlace.
Investing.com -- Hanesbrands , Sealed Air and Cardinal rallied into the close Thursday shrugging off the slump in the broader market.
Dunkin' Brands DNKN – Shares of the restaurant operator dropped nearly 5 percent after the company reported revenue that missed estimates. For quarterly earnings, Dunkin' Brands beat estimates by three cents. Chipotle Mexican Grill CMG – Chipotle stock surged a whooping 14 percent after the restaurant chain reported adjusted quarterly profit of $1.72 per share, beating the consensus estimate of $1.37.
HanesBrands (HBI) delivered earnings and revenue surprises of 2.13% and 3.06%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
WINSTON-SALEM, N.C. (AP) _ HanesBrands Inc. (HBI) on Thursday reported fourth-quarter net income of $161.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Winston-Salem, North Carolina-based company said it had profit of 44 cents.
Hanesbrands Inc. shares jumped 4.6% in Thursday premarket trading after the maker of underwear and activewear reported fourth-quarter earnings and sales that beat consensus. Net income totaled $161.6 million, or 44 cents per share, after a loss of $384.6 million, or $1.06, last year. Adjusted EPS was 48 cents, beating the 46-cent FactSet consensus. Sales were $1.77 billion, up from $1.65 billion and ahead of the FactSet consensus of $1.71 billion. Hanesbrands expects 2019 sales of $6.885 billion to $6.985 billion, EPS of $1.59 to $1.67, and adjusted EPS of $1.72 to $1.80. FactSet expects sales of $6.815 billion and EPS of $1.80. Hanesbrands shares have declined 29.1% over the past year while the S&P 500 index has gained nearly 2% for the period.