Hanesbrands Inc. (HBI)
NYSE: HBI · Real-Time Price · USD
8.64
+0.06 (0.70%)
Dec 5, 2024, 1:49 PM EST - Market open

Hanesbrands Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Hanesbrands stock have an average target of 6.90, with a low estimate of 5.00 and a high estimate of 11. The average target predicts a decrease of -20.14% from the current stock price of 8.64.

Analyst Consensus: Hold
Target Low Average Median High
Price $5.00 $6.90 $6.00 $11
Change -42.13% -20.14% -30.56% +27.31%

Analyst Ratings

The average analyst rating for Hanesbrands stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000001
Buy 000000
Hold 445554
Sell 000000
Strong Sell 000000
Total 445555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Upgrades
$9$11
Strong Buy Upgrades $9$11 +27.31% Nov 26, 2024
Barclays
Barclays
Hold
Maintains
$6$7
Hold Maintains $6$7 -18.98% Nov 11, 2024
UBS
UBS
Hold
Maintains
$5$6.5
Hold Maintains $5$6.5 -24.77% Aug 27, 2024
Stifel
Stifel
Hold
Maintains
$4.5$6
Hold Maintains $4.5$6 -30.56% Aug 12, 2024
Barclays
Barclays
Hold
Maintains
$5$6
Hold Maintains $5$6 -30.56% Aug 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.65B
from 5.64B
Decreased by -35.30%
Revenue Next Year
3.70B
from 3.65B
Increased by 1.40%
EPS This Year
0.40
from -0.05
EPS Next Year
0.60
from 0.40
Increased by 51.09%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 28, 2019 Jan 2, 2021 Jan 1, 2022 Dec 31, 2022 Dec 30, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.43B6.13B6.80B6.23B5.64B3.65B3.70B3.75B
Revenue Growth
-5.56%-4.65%11.00%-8.35%-9.58%-35.30%1.40%1.38%
EPS
1.64-0.210.22-0.36-0.050.400.600.70
EPS Growth
11.15%-----51.09%16.69%
Forward PE
-----21.6614.3412.29
No. Analysts -----888
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 3.8B 4.0B 4.2B
Avg 3.6B 3.7B 3.7B
Low 3.5B 3.5B 3.4B

Revenue Growth

Revenue Growth 202420252026
High
-32.7%
9.2%
13.0%
Avg
-35.3%
1.4%
1.4%
Low
-37.3%
-4.8%
-7.8%

EPS Forecast

EPS 202420252026
High 0.42 0.77 0.95
Avg 0.40 0.60 0.70
Low 0.38 0.51 0.57

EPS Growth

EPS Growth 202420252026
High -
93.0%
57.0%
Avg -
51.1%
16.7%
Low -
27.8%
-5.7%
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.