|Bid||16.60 x 2200|
|Ask||16.61 x 2200|
|Day's Range||16.30 - 16.69|
|52 Week Range||16.11 - 24.12|
|Beta (3Y Monthly)||0.11|
|PE Ratio (TTM)||157.17|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.60 (3.71%)|
|1y Target Est||21.00|
Over the trailing ten quarters, Hanesbrands (HBI) has missed Wall Street estimates on three occasions while matching these estimates in four quarters. It beat estimates in the remaining three quarters.
Hanesbrands Stock Is Down 16.8%: What’s Driving the Decline? Hanesbrands’ (HBI) top-line growth is driven by its acquisitions and robust sales of its Champion brand. Looking at its quarterly sales growth over the trailing ten quarters, the company has beaten the estimates for five quarters and missed the same in the remaining quarters.
Hanesbrands Stock Is Down 16.8%: What’s Driving the Decline? Its gross margin was negatively impacted by increases in its input, acquisition-related, and integration costs, which offset the gains in its International segment’s gross margin and synergies from acquisitions. HBI’s SG&A expenses increased 5.8%, and the SG&A expense rate as a percentage of sales increased ten basis points to 27.4%.
Of the 15 analysts covering Hanesbrands (HBI) stock on October 9, 60.0% retained a “hold” rating, and the remaining 40.0% gave HBI a “buy” rating.
On October 9, Hanesbrands’ (HBI) 12-month forward PE (price-to-earnings) ratio was 9.6x. VF Corporation (VFC), Ralph Lauren (RL), Michael Kors (KORS), and PVH Corp. (PVH) reported higher PE ratios of 23.8x, 18.3x, 12.9x, and 13.5x, respectively. Growth projections
On October 9, Hanesbrands (HBI) stock fell 16.8% to $17.39 on a year-to-date basis. Since its second-quarter earnings release on August 1, HBI stock has declined 3.2%. In addition to its earnings miss, investors have been concerned by Hanesbrands’ decision not to renew its C9 by Champion contract with Target (TGT).
Nonprofit charity Delivering Good to distribute the donated apparel to relief agencies in Georgia, North Carolina and South Carolina
Consumer cyclical sector valuations remain slightly elevated, with a weighted average price/fair value ratio of 1.05, in line with last quarter's valuation. While concerns about potential disruption from businesses like Amazon.com AMZN linger across many consumer companies, we believe there are certain categories that are better positioned, embracing the aforementioned qualities. Other consumer product companies that have shown a willingness to invest in convenience, ease of use, and experience--Airbnb and Uber come to mind--continue to grab at market share gains across their user base.
Hanesbrands (HBI) likely to gain from international strength, focus on buyouts and solid online business. However, the company is battling input cost inflation.
Champion Athleticwear, makers of authentic athletic apparel since 1919, is continuing to expand its retail footprint with its first store in Chicago and its third in the U.S. overall. The Champion store is located in Chicago’s Wicker Park neighborhood, the city’s creative epicenter and a diverse area filled with shops, art galleries, theaters and restaurants. Located just minutes from downtown Chicago, the store is easily accessible from anywhere in the city via public transportation and is just steps from the Blue Line “L” stop.
On Aug. 1, Hanesbrands Inc. (HBI) announced that it would not be renewing a contract to sell an exclusive line of Champion activewear to Target (TGT). The stock dropped more than 20% that day, because at the moment, the big-box retailer accounts for 13% of Hanesbrands total sales, and 25% in the activewear segment. Warning! GuruFocus has detected 3 Warning Signs with HBI.
HanesBrands Encourages Legwear Lovers to Showcase Personal Style with their Favorite Sheers, Tights, Leggings, Anklets or Socks on Sept. 22
Last week I put together an article titled, "5 Deep-Value Stocks Worth a Closer Look." This list was just a rough guide to five deep value stocks that are currently trading at a discount to net asset value. Often referred to as the "Last Will" of Benjamin Graham, this list was put together with the help of aeronautical engineer James Rea, and it is a simple 10-point checklist for investors to use when analyzing securities. Price-earnings ratio less than 40% of the highest price-earnings ratio the stock had over the past five years.
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core conceptsRead More...
HanesBrands (HBI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
As we’ve already seen, PVH Corp. (PVH) is slated to report its second-quarter results on August 29. Management has predicted a 21.3%–24.3% increase in EPS, which is projected at $2.05–$2.10 for the quarter. Currency is expected to have a $0.03 per share positive impact on its bottom line.
DEEP DIVE (Updated with stock price action through Aug. 13.) The Turkish lira’s sharp drop and tough trade talk from President Trump are putting pressure on stock markets around the world. While U.