Hanesbrands
Market Cap
US$7.1b
Last Updated
2021/04/15 23:15 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Hanesbrands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: HBI's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
HBI
1.3%
US Luxury
1.6%
US Market
1 Year Return
130.9%
HBI
70.6%
US Luxury
57.5%
US Market
Return vs Industry: HBI exceeded the US Luxury industry which returned 69.7% over the past year.
Return vs Market: HBI exceeded the US Market which returned 56.6% over the past year.
Shareholder returns
| HBI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 1.3% | 1.6% |
| 30 Day | -2.0% | -2.6% | 3.4% |
| 90 Day | 27.5% | 1.0% | 8.6% |
| 1 Year | 142.2%130.9% | 72.0%70.6% | 60.3%57.5% |
| 3 Year | 28.3%13.7% | 71.6%64.6% | 62.6%51.9% |
| 5 Year | -15.8%-28.9% | 89.5%77.6% | 119.9%95.3% |
Long-Term Price Volatility Vs. Market
How volatile is Hanesbrands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why Hanesbrands Inc. (NYSE:HBI) Could Be Worth Watching3 weeks ago | Simply Wall St
Hanesbrands Inc.'s (NYSE:HBI) Intrinsic Value Is Potentially 37% Above Its Share Price1 month ago | Simply Wall St
Is Hanesbrands Inc. (NYSE:HBI) A Strong Dividend Stock?Valuation
Is Hanesbrands undervalued compared to its fair value and its price relative to the market?
27.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HBI ($20.04) is trading below our estimate of fair value ($27.8)
Significantly Below Fair Value: HBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HBI is unprofitable, so we can't compare its PE Ratio to the US Luxury industry average.
PE vs Market: HBI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HBI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HBI is overvalued based on its PB Ratio (8.6x) compared to the US Luxury industry average (2x).
Future Growth
How is Hanesbrands forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
33.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: HBI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HBI's is expected to become profitable in the next 3 years.
Revenue vs Market: HBI's revenue (2.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: HBI's revenue (2.3% 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 very high in 3 years time (49.7%).
Past Performance
How has Hanesbrands performed over the past 5 years?
-4.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBI is currently unprofitable.
Growing Profit Margin: HBI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HBI is unprofitable, and losses have increased over the past 5 years at a rate of 4.7% per year.
Accelerating Growth: Unable to compare HBI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HBI is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-8.7%).
Return on Equity
High ROE: HBI has a negative Return on Equity (-9.29%), as it is currently unprofitable.
Financial Health
How is Hanesbrands's financial position?
Financial Position Analysis
Short Term Liabilities: HBI's short term assets ($3.4B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: HBI's short term assets ($3.4B) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: HBI's debt to equity ratio (491.9%) is considered high.
Reducing Debt: HBI's debt to equity ratio has increased from 206.5% to 491.9% over the past 5 years.
Debt Coverage: HBI's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: HBI is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Hanesbrands's current dividend yield, its reliability and sustainability?
2.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBI's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: HBI's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (3.49%).
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 8 years.
Current Payout to Shareholders
Dividend Coverage: HBI is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: HBI's dividends in 3 years are forecast to be well covered by earnings (39% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average management tenure
CEO
Steve Bratspies (52 yo)
0.67
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 ($USD6.41M).
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 ( 0.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: HBI's board of directors are considered experienced (6.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HBI insiders have sold more shares than they have bought 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 company bio, 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
- Market Cap: US$7.069b
- Shares outstanding: 349.01m
- Website: https://www.hanes.com
Number of Employees
Location
- Hanesbrands Inc.
- 1000 East Hanes Mill Road
- Winston-Salem
- North Carolina
- 27105
- United States
Listings
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/15 23:15 |
| End of Day Share Price | 2021/04/15 00:00 |
| Earnings | 2021/01/02 |
| Annual Earnings | 2021/01/02 |
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.