Hanesbrands
About: Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Playtex, Maidenform, Bali, Berlei, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers through stores and e-commerce. Hanesbrands is vertically integrated as it produces nearly 75% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.
Employees: 41,000
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
144% more call options, than puts
Call options by funds: $65.1M | Put options by funds: $26.7M
54% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 50
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
12% more capital invested
Capital invested by funds: $2.41B [Q3] → $2.7B (+$287M) [Q4]
3% more funds holding
Funds holding: 402 [Q3] → 415 (+13) [Q4]
0.62% more ownership
Funds ownership: 93.52% [Q3] → 94.13% (+0.62%) [Q4]
17% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 138
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
14%
upside
Avg. target
$9
47%
upside
High target
$11
79%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stifel Jim Duffy 52% 1-year accuracy 16 / 31 met price target | 14%upside $7 | Hold Reiterated | 14 Feb 2025 |
UBS Jay Sole 47% 1-year accuracy 25 / 53 met price target | 79%upside $11 | Buy Upgraded | 26 Nov 2024 |
Financial journalist opinion
Based on 10 articles about HBI published over the past 30 days
Neutral
Business Wire
1 day ago
HanesBrands Announces Successful Pricing of Senior Secured Term Loan B Facility
WINSTON-SALEM, N.C--(BUSINESS WIRE)--HanesBrands (NYSE: HBI) today announced that it has successfully priced its senior secured term loan B facility in an aggregate principal amount of $1.1 billion (the “Term Loan B”) to replace the Company's existing $300 million Term Loan B due 2030 (the “Existing Term Loan B”). The Term Loan B will mature seven years after the date of closing, which is expected to occur in the next few weeks. The Term Loan B priced at SOFR + 275 basis points with an OID of 9.
Positive
Benzinga
1 week ago
Top 3 Consumer Stocks That Could Blast Off This Month
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Positive
Zacks Investment Research
1 week ago
Hanesbrands Earnings Beat Estimates in Q4, Sales Increase Y/Y
HBI Q4 results reflect higher net sales and earnings. The gross margin expands 410 bps y/y on accelerated cost-saving initiatives and reduced input costs.
Neutral
Seeking Alpha
1 week ago
Hanesbrands Inc. (HBI) Q4 2024 Earnings Call Transcript
Hanesbrands Inc. (NYSE:HBI ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants T.C. Robillard - VP, IR Steve Bratspies - CEO Scott Lewis - CFO Conference Call Participants Paul Kearney - Barclays Capital Aditya Kulkarni - UBS Paul Lejuez - Citi Ike Boruchow - Wells Fargo Peter McGoldrick - Stifel William Reuter - Bank of America Carla Casella - JPMorgan Operator Good day, and thank you for standing by.
Neutral
Business Wire
1 week ago
HanesBrands Announces Fourth-Quarter and Full-Year 2024 Results
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for fourth-quarter and full-year 2024. “We delivered a strong quarter and full-year with results across all key metrics exceeding our expectations as the benefits of our transformation strategy are clearly working,” said Steve Bratspies, CEO. “We enter 2025 as a new Company. We are a more simplified, focused business with a powerful asset base and significant com.
Neutral
Business Wire
1 week ago
HanesBrands Announces Planned Leadership Succession
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands (NYSE: HBI), a global leader in iconic apparel brands, today announced that Steve Bratspies will depart as Chief Executive Officer of the Company at the end of 2025, or upon the appointment of his successor. As part of the Company's leadership succession planning process, the Board has begun a comprehensive search to identify the Company's next CEO and has retained Spencer Stuart, a leading executive search firm, to support its work. Bratspies w.
Neutral
Zacks Investment Research
1 week ago
Hanesbrands Gears Up for Q4 Earnings: What to Expect From the Stock?
HBI's consumer-centric strategy and operational efficiencies position it for strong fourth-quarter earnings growth amid macroeconomic uncertainties.
Positive
Seeking Alpha
2 weeks ago
Undercovered Dozen: Nokia, Juniper Networks, Hanesbrands, Infinera +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering investment ideas and sparking discussion among investors. Hanesbrands, BAE Systems, Westaim Corporation, Sun Communities, Nokia, Juniper Networks, and NN, Inc. are recommended as buys, each with unique catalysts and turnaround stories. Fairfax Financial is seen as undervalued with high-growth potential, while Avino Silver & Gold Mines and BrightSpire Capital are rated hold due to uncertainties.
Neutral
Business Wire
3 weeks ago
HanesBrands Provides Details for Fourth-Quarter 2024 Earnings Announcement and Investor Conference Call
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI) today provided details for its fourth-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, February 13, 2025. Prior to the conference call that day, HanesBrands will issue a news release disclosing financial results for the quarter ended December 28, 2024. Conference Call Details: To participate via telephone, please register in advance by clicking here or using this link: https://register.vevent.com/register/BIf11036.
Positive
Seeking Alpha
4 weeks ago
Hanesbrands: Revealing Earnings Power Presents Further Upside
Hanesbrands Inc. has undergone significant turnaround efforts, including the divestment of Champion and several other businesses and simplifying the company structure. The remaining business has solid earnings power through self-manufacturing and further cost savings, while Hanesbrands' brand investments have started to also yield results. Hanesbrands still has a very high amount of debt, but the underlying cash flow should support the weak balance sheet and allow further delevering.
Charts implemented using Lightweight Charts™