Hanesbrands (HBI) to Release Earnings on Thursday

Hanesbrands (NYSE:HBI) is expected to release its earnings data before the market opens on Thursday, February 13th. Analysts expect Hanesbrands to post earnings of $0.14 per share and revenue of $899.68 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Hanesbrands Stock Performance

NYSE HBI opened at $7.53 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.49 and a debt-to-equity ratio of 21.50. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of -11.40 and a beta of 1.63. Hanesbrands has a fifty-two week low of $4.06 and a fifty-two week high of $9.10. The business has a fifty day moving average of $8.29 and a 200-day moving average of $7.44.

Analysts Set New Price Targets

HBI has been the topic of several analyst reports. Barclays lifted their price objective on Hanesbrands from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Monday, November 11th. UBS Group upgraded shares of Hanesbrands from a “neutral” rating to a “buy” rating and increased their price objective for the company from $9.00 to $11.00 in a research note on Tuesday, November 26th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $6.90.

Hanesbrands Company Profile

Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.