0.06 (0.89%) 1d
It's been down sharp lately to his shock, but he expects a comeback. He read two positive pieces of research on it yesterday. Pays a 3% dividend yield.
clothing stores

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Hanes missed their quarter badly and the stock is down to $12. It has enough cash flow, but it's a loser, not a winner.
clothing stores

It is a crowded industry with margins not so great. Their balance sheet is not so great so put it on the pile of undifferentiated commodities. Also there were recently some executive departures. He prefers NKE-N.

clothing stores

(A Top Pick Feb 9/17. Up 16%.) This is doing okay, but there is some nervousness on what is going to happen with Hanes. In the upcoming Christmas season, they get a decent percentage of their sales from in-mall and store traffic. They are building an online presence. There is no reason why underwear, T-shirts and socks can’t be distributed online. This is a good stock.

clothing stores

(A Top Pick Feb 9/17. Up 3%.) Pressure on retail has hurt them. In 2012, cotton prices spiked. The company had a tremendous amount of debt. Management was focused on using their cash to pay down debt. At the same time, they embarked on a strategy called “Innovate to Elevate” an innovative commoditized category to elevate margins. They did so by imprinting tags on undershirts, etc. rather than having labels. Because of that they’ve been able to charge higher prices to get better margins. At 9X earnings, this is a very, very cheap stock.

clothing stores

They disappointed investors except with the multiple. They tripled the dividend in 3 years. It has a 3% yield. They spent a lot of time in cash, buying back stock. They are classified as consumer discretionary. He does not think underwear in discretionary. (Analysts’ target: $27.54).

clothing stores

Has an aversion in general to retail, but if he were going to buy retail stock, he would rather buy a manufacturer. Retail does poorly in a recession, and it tends to be cyclical. This one is not much of a global player, and a play that should be successful in a declining US$, which will help the multinationals. He would rather focus on those.

clothing stores
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Hanesbrands(HBI-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Hanesbrands is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Hanesbrands(HBI-N) Frequently Asked Questions

What is Hanesbrands stock symbol?

Hanesbrands is a American stock, trading under the symbol HBI-N on the New York Stock Exchange (HBI). It is usually referred to as NYSE:HBI or HBI-N

Is Hanesbrands a buy or a sell?

In the last year, there was no coverage of Hanesbrands published on Stockchase.

Is Hanesbrands a good investment or a top pick?

Hanesbrands was recommended as a Top Pick by on . Read the latest stock experts ratings for Hanesbrands.

Why is Hanesbrands stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Hanesbrands worth watching?

0 stock analysts on Stockchase covered Hanesbrands In the last year. It is a trending stock that is worth watching.

What is Hanesbrands stock price?

On 2022-11-25, Hanesbrands (HBI-N) stock closed at a price of $6.77.