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 more than 70% 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: 48,000
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
128% more call options, than puts
Call options by funds: $47.2M | Put options by funds: $20.7M
52% more capital invested
Capital invested by funds: $1.58B [Q2] → $2.41B (+$830M) [Q3]
2.17% more ownership
Funds ownership: 91.34% [Q2] → 93.52% (+2.17%) [Q3]
4% less funds holding
Funds holding: 416 [Q2] → 401 (-15) [Q3]
16% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 57
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
31% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 144
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
16%
downside
Avg. target
$9
8%
upside
High target
$11
32%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
UBS Jay Sole 67% 1-year accuracy 32 / 48 met price target | 32%upside $11 | Buy Upgraded | 26 Nov 2024 |
Barclays Adrienne Yih 51% 1-year accuracy 48 / 95 met price target | 16%downside $7 | Equal-Weight Maintained | 11 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
“If You Wouldn't Flaunt It, Refresh It!” HanesBrands Encourages a Fresh Look at Your Underwear Drawer
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Are you among the 82% of Americans who admit to wearing underwear that's past its prime? HanesBrands thinks it's time for a refresh!.
Positive
Zacks Investment Research
2 weeks ago
Forget Crocs, Bet on These 4 Top Consumer Discretionary Stocks
CROX navigates rough waters due to challenges in its HEYDUDE brand. We explore promising Consumer Discretionary stocks with strong buy potential.
Positive
The Motley Fool
1 month ago
2 Comeback Stocks to Buy for 2025
While Paycom (PAYC 0.39%) and Hanesbrands (HBI -0.47%) registered gains in 2024, both stocks have tumbled from their all-time highs. Paycom is sacrificing near-term growth to take advantage of a long-term opportunity to the ire of Wall Street, and Hanesbrands is fixing its balance sheet and stabilizing after a rough post-pandemic period.
Neutral
Zacks Investment Research
1 month ago
The Zacks Analyst Blog The Walt Disney,Choice Hotels International, Snap-on, Hanesbrands and Mattel
The Walt Disney,Choice Hotels International, Snap-on, Hanesbrands and Mattel are included in this Analyst Blog.
Positive
Zacks Investment Research
1 month ago
5 Discretionary Stocks With Upside for 2025 as Consumer Sentiment Rebounds
It is an ideal time to invest in discretionary stocks like DIS, CHH, SNA, HBI and MAT, with consumer sentiment soaring to a seven-month high.
Neutral
Business Wire
1 month ago
HanesBrands Celebrates 15 Years of Hanes for Good, Donating Over 6 Million Essential Apparel Items to Support the Unhoused Community Nationwide
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc., a global leader in iconic apparel brands and sustainability, is proud to celebrate the 15th anniversary of its Hanes for Good program. Since 2009, Hanes for Good has donated more than 6 million items, including 4 million pairs of socks, to hundreds of partner organizations across all 50 states, Washington D.C. Puerto Rico and Guam. What began as a response to a critical need for socks, one of the most requested items in homeless shelters,.
Neutral
Seeking Alpha
2 months ago
Hanesbrands Has Already Priced In Projections, Leaving Little Margin For Error
Hanesbrands Inc.'s Q3 2024 results showed flat organic revenue and margin improvement, driven by lower product costs, but SG&A expenses increased due to marketing and talent investments. The company completed the Champion divestment and repaid $870 million in debt, focusing on higher-yielding Term Loan B, boosting the stock by 18%. Despite potential Q4 growth from promotions and new distribution points, long-term margin targets (15%) are uncertain given Hanesbrands' historical performance.
Positive
Zacks Investment Research
2 months ago
Hanesbrands Raises Profit Guidance on Q3 Earnings & Sales Beat
HBI's Q3 results reflect better-than-expected EPS, driven by operational efficiency. The company expects to revert to revenue growth in Q4.
Neutral
Seeking Alpha
2 months ago
Hanesbrands Inc. (HBI) Q3 2024 Earnings Call Transcript
Hanesbrands Inc. (NYSE:HBI ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants T.C. Robillard - Vice President of Investor Relations Steve Bratspies - Chief Executive Officer Scott Lewis - Chief Financial Officer Conference Call Participants Brandon Cheatham - Citi David Swartz - Morningstar Paul Kearney - Barclays Capital Rob Rigby - Bank of America Operator Good day, and thank you for standing by.
Neutral
Business Wire
2 months ago
HanesBrands Announces Third-Quarter 2024 Results
WINSTON-SALEM, N.C.--(BUSINESS WIRE)--HanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the third-quarter 2024. “We delivered another strong quarter with operating profit, earnings per share, and cash flow results that exceeded our expectations. In addition, we have further reduced our leverage, expect a return to revenue growth in the fourth quarter, and raised our full-year outlook for profit and cash flow,” said Steve Bratspies, CEO. “Our str.
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