Analyst Ratings for Hanesbrands Inc. (HBI)

Updated: 2017-07-27

Hanesbrands Inc. (NYSE:HBI) was awarded an average rating of Overweight from investment analysts following the stock. HBI had previously received a consensus rating of Overweight a month ago.

Of the 18 analysts covering the stock, 11 gave it a buy rating, 2 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for HBI. The most optimistic analyst gave a price target of 34, which equates to a potential upside of 45.36 percent. The most pessimistic price target was 20, implying a possible loss of -14.49 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.5 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.25 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of HBI to grow at a rate of 41.7 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. HBI has a PEG ratio of 0.4.

HBI has traded between a high of 28.24 and a low of 18.91 over the past year. Currently the stock is 23.69 percent higher than its low, and below the high by 17.17 percent. HBI has a price/earnings ratio of 16.82. Investors typically compare the P/E ratio to a company's peers in the industry. The HBI value stock report compares HBI to some of its peers using value stock charts. The stock has a market capitalization of $8.52 billion. HBI's next earnings release will be on 0000-00-00, which is days away.