Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. HanesBrands (HBI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's yearto-date performance to find out. Within the past quarter, the Zacks Consensus Estimate for HBI's full-year earnings has moved 3% higher. This means that analyst sentiment is stronge ...

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. HBI has a P/S ratio o ...

Analysts and investors alike will be keeping a close eye on the performance of HanesBrands in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.10, showcasing a 1100% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.35 billion, down 6.14% from the year-ago period. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outsideaudited track record ...

Inside the Headlines Hanesbrands Inc. (HBI) has been focused on accelerating growth. The company has made significant strides in revitalizing its innerwear business, increasing market share, attracting younger consumers and strengthening its operating model. Moving forward on the growth trajectory, the company recently inked a deal to offload the intellectual property and certain operating assets of its global Champion business to Authentic Brands Group (or Authentic), On concluding the sale of the global C ...

Hanesbrands (NYSE:HBI) stock is getting a boost on Wednesday after the innerwear apparel company announced it will sell the Champion brand. Hanesbrands has agreed to sell the Champion brand to Authentic Brands Group for $1.2 billion. The deal could increase to $1.5 billion if a contingent cash consideration of up to $300 million is fulfilled. This requires the brand to reach performance goals after the sale. Hanesbrands notes that it will receive net proceeds of $900 million from this deal. The company says ...

Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including a contingent cash consideration, the company announced on Wednesday. The deal has the potential to reach $1.5 billion through an additional cash contingent consideration of up to $300 million if performance thresholds are met. "We believe this transaction will enable the company to accelerate its debt reduction while positioning Hanesbrands to deliver consistent growth and cas ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is HanesBrands (HBI) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. HanesBrands is one of 285 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find comp ...

HBI has rallied 14.3% over the past four weeks, and the company is a Zacks Rank #1 (Strong Buy) at the moment. This combination suggests HBI could be on the verge of another move higher. Once investors consider HBI's positive earnings estimate revisions, the bullish case only solidifies. No estimate has gone lower in the past two months for the current fiscal year, compared to 1 higher, and the consensus estimate has increased as well. HanesBrands (HBI) is looking like an interesting pick from a technical p ...

James Darell/DigitalVision via Getty Images Hanesbrands (NYSE:HBI) is an apparel manufacturer. The company owns Hanes, Champion, and other brands. In early April 2024, I published an initiation coverage article on Hanesbrands with a Hold rating. The rating was based on the company's valuation, considering different turnaround scenarios and two potential valuations for the Champion brand, which the company is considering selling. I review the company's 1Q24 results and earnings call in this article. I find a ...