Hanesbrands Inc. (HBI)
NYSE: HBI · IEX Real-Time Price · USD
5.40
-0.02 (-0.37%)
At close: Jul 19, 2024, 4:00 PM
5.42
+0.02 (0.37%)
Pre-market: Jul 22, 2024, 7:05 AM EDT
Hanesbrands Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Hanesbrands stock have an average target of 5.00, with a low estimate of 4.50 and a high estimate of 5.50. The average target predicts a decrease of -7.41% from the current stock price of 5.40.
Analyst Consensus: Hold
* Price targets were last updated on Jun 6, 2024.
Analyst Ratings
The average analyst rating for Hanesbrands stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Reiterates $5 | Hold | Reiterates | $5 | -7.41% | Jun 6, 2024 |
| Barclays | Barclays | Hold Maintains $4 → $5 | Hold | Maintains | $4 → $5 | -7.41% | May 10, 2024 |
| Citigroup | Citigroup | Hold Maintains $4.5 → $5.5 | Hold | Maintains | $4.5 → $5.5 | +1.85% | Apr 3, 2024 |
| Wedbush | Wedbush | Hold Maintains $4.5 → $5 | Hold | Maintains | $4.5 → $5 | -7.41% | Apr 3, 2024 |
| Citigroup | Citigroup | Hold Maintains $5 → $4.5 | Hold | Maintains | $5 → $4.5 | -16.67% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
5.22B
from 5.64B
Decreased by -7.34%
Revenue Next Year
5.29B
from 5.22B
Increased by 1.32%
EPS This Year
0.45
from -0.05
EPS Next Year
0.65
from 0.45
Increased by 45.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.7B | 5.9B | 5.9B |
| Avg | 5.2B | 5.3B | 5.1B |
| Low | 4.2B | 4.1B | 4.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.5% | 12.7% | 11.9% |
| Avg | -7.3% | 1.3% | -3.5% |
| Low | -24.9% | -21.2% | -20.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.49 | 0.78 | 1.07 |
| Avg | 0.45 | 0.65 | 0.79 |
| Low | 0.37 | 0.54 | 0.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 72.9% | 63.6% |
| Avg | - | 45.6% | 21.0% |
| Low | - | 19.9% | 3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.