Analysts See $0.56 EPS for Hanesbrands Inc. (HBI)

October 14, 2018 - By Peter Kolinski

Hanesbrands Inc. (NYSE:HBI) LogoInvestors sentiment decreased to 0.8 in Q2 2018. Its down 0.07, from 0.87 in 2018Q1. It dropped, as 56 investors sold Hanesbrands Inc. shares while 204 reduced holdings. 61 funds opened positions while 147 raised stakes. 356.23 million shares or 5.20% more from 338.62 million shares in 2018Q1 were reported.
Sumitomo Life Insur holds 0.17% or 63,179 shares in its portfolio. Diamond Hill Cap Mgmt invested 1.05% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Mariner Ltd Liability Co invested in 0.01% or 11,480 shares. Inr Advisory Limited Com invested in 155 shares. Rothschild Investment Corp Il, a Illinois-based fund reported 105,699 shares. Goelzer Invest owns 249,920 shares. Teacher Retirement Of Texas holds 73,079 shares or 0.01% of its portfolio. Andra Ap holds 0.17% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 281,800 shares. Callahan Limited Liability Corporation has invested 0.33% in Hanesbrands Inc. (NYSE:HBI). Synovus holds 0% or 9,999 shares in its portfolio. Brandywine Global Invest Ltd Liability Company accumulated 1.94 million shares or 0.27% of the stock. Pinnacle Associates reported 10,600 shares stake. New Jersey-based Prudential Fincl Inc has invested 0.01% in Hanesbrands Inc. (NYSE:HBI). 441,792 are held by Deutsche Fincl Bank Ag. Macquarie Grp Inc Ltd holds 0.01% or 179,970 shares.

Since May 16, 2018, it had 4 buys, and 1 sale for $755,930 activity. Shares for $49,984 were bought by ZIEGLER ANN ELIZABETH on Friday, May 18. Shares for $538,978 were sold by Faircloth Michael E.. Another trade for 31,230 shares valued at $553,456 was made by SINGER DAVID V on Thursday, May 17. The insider Hytinen Barry bought $382,418.

Analysts expect Hanesbrands Inc. (NYSE:HBI) to report $0.56 EPS on November, 7.They anticipate $0.04 EPS change or 6.67 % from last quarter’s $0.6 EPS. HBI’s profit would be $201.89 million giving it 7.30 P/E if the $0.56 EPS is correct. After having $0.45 EPS previously, Hanesbrands Inc.’s analysts see 24.44 % EPS growth. The stock increased 1.18% or $0.19 during the last trading session, reaching $16.36. About 5.47 million shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 30.00% since October 14, 2017 and is downtrending. It has underperformed by 45.62% the S&P500.

Hanesbrands Inc. (NYSE:HBI) Ratings Coverage

Among 9 analysts covering Hanesbrands (NYSE:HBI), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Hanesbrands had 10 analyst reports since April 22, 2018 according to SRatingsIntel. The rating was maintained by Bank of America on Thursday, August 2 with “Neutral”. The stock of Hanesbrands Inc. (NYSE:HBI) has “Buy” rating given on Thursday, August 16 by Buckingham Research. The stock of Hanesbrands Inc. (NYSE:HBI) earned “Neutral” rating by Macquarie Research on Thursday, August 23. The rating was upgraded by Stifel Nicolaus on Sunday, April 22 to “Buy”. The stock of Hanesbrands Inc. (NYSE:HBI) earned “Overweight” rating by Barclays Capital on Wednesday, May 2. On Wednesday, May 2 the stock rating was maintained by Citigroup with “Neutral”. The rating was downgraded by Barclays Capital to “Equal-Weight” on Thursday, August 2. The stock of Hanesbrands Inc. (NYSE:HBI) has “Neutral” rating given on Thursday, August 2 by Credit Suisse.

Hanesbrands Inc., a consumer goods company, designs, makes, sources, and sells various basic apparel for men, women, and children in the United States. The company has market cap of $5.90 billion. The firm operates through four divisions: Innerwear, Activewear, Direct to Consumer, and International. It has a 154.34 P/E ratio. It sells bras, panties, shapewears, hosiery, menÂ’s underwear, childrenÂ’s underwear, and socks; and other activewear, such as 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 Inc. (NYSE:HBI) Institutional Positions Chart

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