| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
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
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.73 |
| 52 Week High | US$22.82 |
| 52 Week Low | US$14.84 |
| Beta | 1.51 |
| 1 Month Change | -2.96% |
| 3 Month Change | -6.59% |
| 1 Year Change | 0.96% |
| 3 Year Change | 3.49% |
| 5 Year Change | -31.25% |
| Change since IPO | 222.67% |
Recent News & Updates
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...
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.
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...
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
| HBI | US Luxury | US Market | |
|---|---|---|---|
| 7D | -6.3% | -4.6% | -6.1% |
| 1Y | 1.0% | 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
| HBI volatility | |
|---|---|
| HBI Average Weekly Movement | 4.3% |
| Luxury Industry Average Movement | 6.2% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1901 | 58,500 | Steve Bratspies | https://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
| HBI fundamental statistics | |
|---|---|
| Market Cap | US$5.49b |
| Earnings (TTM) | US$117.52m |
| Revenue (TTM) | US$7.28b |
46.7x
P/E Ratio0.8x
P/S RatioIs HBI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HBI income statement (TTM) | |
|---|---|
| Revenue | US$7.28b |
| Cost of Revenue | US$4.32b |
| Gross Profit | US$2.95b |
| Expenses | US$2.84b |
| Earnings | US$117.52m |
Last Reported Earnings
Oct 02, 2021
Next Earnings Date
Feb 03, 2022
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 40.61% |
| Net Profit Margin | 1.62% |
| Debt/Equity Ratio | 575.6% |
How did HBI perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield179%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 23:16 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/10/02 |
| 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.