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.

Many analysts weighed in on price targets for HBI. The highest price target was 34, implying a possible profit of 45.36 percent. The most pessimistic price target was 20, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.5 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.25 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

HBI has an estimated earnings growth rate of 41.7 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. 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. The current market price is above the trailing year's low by 23.69 percent, and 17.17 percent below the high. HBI has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.