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HBI

HanesbrandsNYSE:HBI Stock Report

Last Price

US$15.73

Market Cap

US$5.5b

7D

-6.3%

1Y

1.0%

Updated

22 Jan, 2022

Data

Company Financials +
HBI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

HBI Stock Overview

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children in the United States.

Hanesbrands Competitors

Lululemon Athletica

NasdaqGS:LULU

US$40.5b

V.F

NYSE:VFC

US$26.7b

Tapestry

NYSE:TPR

US$10.1b

Levi Strauss

NYSE:LEVI

US$8.6b

Price History & Performance

Summary of all time highs, changes and price drops for Hanesbrands
Historical stock prices
Current Share PriceUS$15.73
52 Week HighUS$22.82
52 Week LowUS$14.84
Beta1.51
1 Month Change-2.96%
3 Month Change-6.59%
1 Year Change0.96%
3 Year Change3.49%
5 Year Change-31.25%
Change since IPO222.67%

Recent News & Updates

Dec 24
Returns On Capital At Hanesbrands (NYSE:HBI) Have Stalled

Returns On Capital At Hanesbrands (NYSE:HBI) Have Stalled

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Dec 08

Hanesbrands Stock: Still Quality, Still On Sale

Hanesbrands has been underappreciated by investors as of late, even though the company's financial position is improving. Hanesbrands truly remains a quality prospect and its long-term potential is appealing. Add onto this the fact that HBI stock looks incredibly cheap at this point in time and it's certainly a prime prospect.

Oct 30
Hanesbrands (NYSE:HBI) Has Re-Affirmed Its Dividend Of US$0.15

Hanesbrands (NYSE:HBI) Has Re-Affirmed Its Dividend Of US$0.15

Hanesbrands Inc.'s ( NYSE:HBI ) investors are due to receive a payment of US$0.15 per share on 30th of November. This...

Oct 27
Hanesbrands Inc. (NYSE:HBI) Shares Could Be 42% Below Their Intrinsic Value Estimate

Hanesbrands Inc. (NYSE:HBI) Shares Could Be 42% Below Their Intrinsic Value Estimate

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Hanesbrands Inc...

Shareholder Returns

HBIUS LuxuryUS Market
7D-6.3%-4.6%-6.1%
1Y1.0%0.2%4.2%

Return vs Industry: HBI matched the US Luxury industry which returned 0.2% over the past year.

Return vs Market: HBI underperformed the US Market which returned 4.2% over the past year.

Price Volatility

Is HBI's price volatile compared to industry and market?
HBI volatility
HBI Average Weekly Movement4.3%
Luxury Industry Average Movement6.2%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: HBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HBI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190158,500Steve Bratspieshttps://www.hanes.com

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children in the United States. The company operates through three segments: Innerwear, Activewear, and International. It sells men’s underwear, women’s panties, children’s underwear, activewear, and socks, as well as intimate apparel, such as bras and shapewears; home goods; and T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, and thermals, as well as licensed logo apparel in collegiate bookstores, mass retailers, and other channels.

Hanesbrands Fundamentals Summary

How do Hanesbrands's earnings and revenue compare to its market cap?
HBI fundamental statistics
Market CapUS$5.49b
Earnings (TTM)US$117.52m
Revenue (TTM)US$7.28b

46.7x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HBI income statement (TTM)
RevenueUS$7.28b
Cost of RevenueUS$4.32b
Gross ProfitUS$2.95b
ExpensesUS$2.84b
EarningsUS$117.52m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)0.34
Gross Margin40.61%
Net Profit Margin1.62%
Debt/Equity Ratio575.6%

How did HBI perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

179%

Payout Ratio

Valuation

Is Hanesbrands undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HBI ($15.73) is trading below our estimate of fair value ($40.11)

Significantly Below Fair Value: HBI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HBI is poor value based on its PE Ratio (46.7x) compared to the US Luxury industry average (16.2x).

PE vs Market: HBI is poor value based on its PE Ratio (46.7x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: HBI is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: HBI is overvalued based on its PB Ratio (8.6x) compared to the US Luxury industry average (1.7x).


Future Growth

How is Hanesbrands forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

16.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HBI's forecast earnings growth (16.1% per year) is above the savings rate (2%).

Earnings vs Market: HBI's earnings (16.1% per year) are forecast to grow faster than the US market (12.9% per year).

High Growth Earnings: HBI's earnings are forecast to grow, but not significantly.

Revenue vs Market: HBI's revenue (3% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: HBI's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HBI's Return on Equity is forecast to be high in 3 years time (34%)


Past Performance

How has Hanesbrands performed over the past 5 years?

-15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HBI has a large one-off loss of $764.1M impacting its October 2 2021 financial results.

Growing Profit Margin: HBI's current net profit margins (1.6%) are lower than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: HBI's earnings have declined by 15.6% per year over the past 5 years.

Accelerating Growth: HBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HBI had negative earnings growth (-71.5%) over the past year, making it difficult to compare to the Luxury industry average (57.1%).


Return on Equity

High ROE: HBI's Return on Equity (18.5%) is considered low.


Financial Health

How is Hanesbrands's financial position?


Financial Position Analysis

Short Term Liabilities: HBI's short term assets ($3.9B) exceed its short term liabilities ($2.4B).

Long Term Liabilities: HBI's short term assets ($3.9B) do not cover its long term liabilities ($4.4B).


Debt to Equity History and Analysis

Debt Level: HBI's net debt to equity ratio (438.4%) is considered high.

Reducing Debt: HBI's debt to equity ratio has increased from 347% to 575.6% over the past 5 years.

Debt Coverage: HBI's debt is well covered by operating cash flow (20.3%).

Interest Coverage: HBI's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


Dividend

What is Hanesbrands's current dividend yield, its reliability and sustainability?

3.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HBI's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: HBI's dividend (3.81%) is in the top 25% of dividend payers in the US market (3.61%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, HBI has been paying a dividend for less than 10 years.

Growing Dividend: HBI's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (179.2%), HBI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HBI's dividends in 3 years are forecast to be well covered by earnings (38.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Steve Bratspies (53 yo)

1.42yrs

Tenure

US$5,493,190

Compensation

Mr. Stephen B. Bratspies, also known as Steve, serves as Chief Executive Officer and Director at Hanesbrands Inc. since August 03, 2020. Mr. Bratspies served as Executive Vice President and Chief Merchandi...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD5.49M) is about average for companies of similar size in the US market ($USD6.48M).

Compensation vs Earnings: Insufficient data to compare Steve's compensation with company performance.


Leadership Team

Experienced Management: HBI's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: HBI's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hanesbrands Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hanesbrands Inc.
  • Ticker: HBI
  • Exchange: NYSE
  • Founded: 1901
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: US$5.493b
  • Shares outstanding: 349.20m
  • Website: https://www.hanes.com

Number of Employees


Location

  • Hanesbrands Inc.
  • 1000 East Hanes Mill Road
  • Winston-Salem
  • North Carolina
  • 27105
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 23:16
End of Day Share Price2022/01/21 00:00
Earnings2021/10/02
Annual Earnings2021/01/02


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.