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HBI
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$10.26
Change
-$0.03 (-0.29%)
Capitalization
3.57B

HBI Price Prediction, Hanesbrands AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

HBI's Indicator enters downward trend

The Aroon Indicator for HBI entered a downward trend on June 28, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 208 similar instances where the Aroon Indicator formed such a pattern. In 163 of the 208 cases the stock moved lower. This puts the odds of a downward move at 78%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 51 cases where HBI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HBI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where HBI's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on June 28, 2022. You may want to consider a long position or call options on HBI as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HBI just turned positive on June 24, 2022. Looking at past instances where HBI's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HBI advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .

HBI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.587) is normal, around the industry mean (3.047). P/E Ratio (7.168) is within average values for comparable stocks, (68.289). Projected Growth (PEG Ratio) (0.955) is also within normal values, averaging (1.482). Dividend Yield (0.058) settles around the average of (0.038) among similar stocks. P/S Ratio (0.525) is also within normal values, averaging (1.693).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. HBI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HBI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

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A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

HBI is expected to report earnings to fall 2.50% to 33 cents per share on August 04

Hanesbrands HBI Stock Earnings Reports
Q2'22
Est.
$0.33
Q1'22
Beat
by $0.06
Q4'21
Est.
$0.44
Q3'21
Beat
by $0.05
Q2'21
Beat
by $0.08
The last earnings report on May 05 showed earnings per share of 34 cents, beating the estimate of 28 cents. With 4.51M shares outstanding, the current market capitalization sits at 3.57B.
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A.I.Advisor
published Dividends

HBI paid dividends on May 31, 2022

Hanesbrands HBI Stock Dividends
А dividend of $0.15 per share was paid with a record date of May 31, 2022, and an ex-dividend date of May 09, 2022. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nike (NYSE:NKE), VF Corp (NYSE:VFC), Skechers USA (NYSE:SKX), Canada Goose Holdings (NYSE:GOOS), G-III Apparel Group Ltd (NASDAQ:GIII), Lakeland Industries (NASDAQ:LAKE).

Industry description

Apparel/footwear might be slightly more ‘cyclical’ in the largely non-cyclical category of non-durables. While digital giants like Amazon have been rapidly expanding their presence, traditional clothing/footwear retailers have also been bulking up their online presence in recent years, to milk the burgeoning trend of online shopping among consumers across the globe. The apparel and footwear retail market was valued at around $ 360 billion in 2018, and this figure was expected to reach about $386 billion by 2020 (according to a Statista report). NIKE, Inc, V.F. Corporation and Under Armour, Inc. are some of the companies with the largest U.S. stock market caps in this segment.

Market Cap

The average market capitalization across the Apparel/Footwear Industry is 4.75B. The market cap for tickers in the group ranges from 1.66K to 159.23B. NKE holds the highest valuation in this group at 159.23B. The lowest valued company is SQBGQ at 1.66K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Industry was -3%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -5%. PXFG experienced the highest price growth at 16%, while TODGF experienced the biggest fall at -22%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Industry was -43%. For the same stocks of the Industry, the average monthly volume growth was 14% and the average quarterly volume growth was 134%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 68
Price Growth Rating: 68
SMR Rating: 26
Profit Risk Rating: 82
Seasonality Score: -6 (-100 ... +100)
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published General Information

General Information

a manufacturer of sources and sells men's and women's basic apparel

Industry ApparelFootwear

Profile
Fundamentals
Details
Industry
Apparel Or Footwear
Address
1000 East Hanes Mill Road
Phone
+1 336 519-8080
Employees
59000
Web
https://www.hanes.com

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HBI and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, HBI has been closely correlated with COLM. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if HBI jumps, then COLM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HBI
1D Price
Change %
HBI100%
-0.39%
COLM - HBI
67%
Closely correlated
-0.11%
SHOO - HBI
67%
Closely correlated
-1.21%
GIII - HBI
65%
Loosely correlated
-1.09%
PVH - HBI
64%
Loosely correlated
-0.18%
WWW - HBI
64%
Loosely correlated
-1.09%
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