Hanesbrands Inc. (HBI)
NYSE: HBI · IEX Real-Time Price · USD
4.650
-0.080 (-1.69%)
At close: Apr 19, 2024, 4:00 PM
4.600
-0.050 (-1.08%)
After-hours: Apr 19, 2024, 7:21 PM 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 an increase of 7.53% from the current stock price of 4.65.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 6 | 6 | 5 | 5 | 4 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 6 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $4.5 → $5.5 | Hold | Maintains | $4.5 → $5.5 | +18.28% | Apr 3, 2024 |
| Wedbush | Wedbush | Hold Maintains $4.5 → $5 | Hold | Maintains | $4.5 → $5 | +7.53% | Apr 3, 2024 |
| Citigroup | Citigroup | Hold Maintains $5 → $4.5 | Hold | Maintains | $5 → $4.5 | -3.23% | Feb 16, 2024 |
| Stifel | Stifel | Hold Maintains $5 → $4.5 | Hold | Maintains | $5 → $4.5 | -3.23% | Dec 14, 2023 |
| Wedbush | Wedbush | Hold Reiterates $5.5 | Hold | Reiterates | $5.5 | +18.28% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
5.39B
from 5.64B
Decreased by -4.44%
Revenue Next Year
5.50B
from 5.39B
Increased by 2.19%
EPS This Year
0.44
from -0.05
EPS Next Year
0.65
from 0.44
Increased by 48.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.7B | 5.9B | 6.0B | 6.5B | 6.7B |
| Avg | 5.4B | 5.5B | 5.5B | 6.2B | 6.4B |
| Low | 5.1B | 4.9B | 4.7B | 6.1B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.6% | 9.0% | 8.7% | 18.9% | 6.9% |
| Avg | -4.4% | 2.2% | -0.8% | 14.4% | 2.8% |
| Low | -9.8% | -9.2% | -14.5% | 11.0% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.48 | 0.88 | 1.32 | 1.76 | 1.84 |
| Avg | 0.44 | 0.65 | 0.86 | 1.70 | 1.77 |
| Low | 0.38 | 0.49 | 0.62 | 1.65 | 1.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 101.2% | 103.7% | 106.3% | 8.3% |
| Avg | - | 48.2% | 31.6% | 98.4% | 4.2% |
| Low | - | 11.8% | -5.0% | 92.5% | 1.1% |
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.