Stock Updates

Is this Large Market Cap Stock target price reasonable for Hanesbrands Inc. (NYSE:HBI)?

The company in question is, Hanesbrands Inc. (NYSE:HBI) currently with a stock price of 26.72 (-0.58% today). The market cap for Hanesbrands Inc. is 10201.2, and is in the sector Consumer Goods, and Textile РApparel Clothing industry. The target price for Hanesbrands Inc. is 36. Currently Hanesbrands Inc. is trading with a P/E of 23.51, and a forward P/E of 12.01. Average volume for Hanesbrands Inc. is 3633.99 and so far today it is 623362.

Performance in the last year for Hanesbrands Inc. has been -20.54%. For EPS growth, Hanesbrands Inc. has seen a growth of 7.20%, and is looking to grow in the next year to 15.73%. More long term stats show that EPS growth has been 16.60% over the last five years and could be 11.00% for the next five years. Hanesbrands Inc. has seen sales growth quarter over quarter at 0.80%, with EPS growth quarter over quarter at 60.00%. The 20-day simple moving average is 0.50%, with the 200-day simple moving average coming to -5.54%.

Since the IPO date for Hanesbrands Inc. on the 9/6/2006, Hanesbrands Inc. has seen performance year to date to be -7.92%. With Hanesbrands Inc. trading at 26.72, the dividend yield is 1.64%, and the EPS is 1.14.

So could Hanesbrands Inc., be undervalued? Well as said before P/E is 23.51. The PEG is 2.14, P/S is 1.78 and the P/B is at 10.92. The P/cash is 30.69, with P/free cash flow at *TBA.

Hanesbrands Inc. ability to deal with debt shows that the current ratio is 2.3, and the quick ratio is 0.8. This is with long term debt/equity at 3.11, and total debt/equity at 3.51.

In terms of margins, Hanesbrands Inc. has a gross margin of 37.40%, an operating margin of 10.90% and a profit margin of 8.00%.Payout ratio for Hanesbrands Inc. is 35.60%. Return on assets come to 7.90% with return on investment coming to 14.10%.

Insider ownership for Hanesbrands Inc., is at 0.90% and institutional ownership comes to 91.80%. Outstanding shares are at 379.65. While shares float is 374.08. The float short is currently 6.78%, and short ratio is 6.98.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Stephen Butters

Leave a Comment