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 most optimistic analyst gave a price target of 34, implying potential capital gains of 45.36 percent. The most pessimistic analyst gave a price target of 20, implying potential capital losses of -14.49 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -4.5 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.25 percent, as compared to a month ago. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of HBI's earnings is estimated by analysts to be 41.7 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HBI is 0.4.

In the last 52-weeks, HBI has achieved a high of 28.24 and a low of 18.91. 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 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.