Hanesbrands (HBI) Expected to Announce Quarterly Earnings on Thursday

Hanesbrands (NYSE:HBI) will likely be releasing its earnings data before the market opens on Thursday, February 13th. Analysts expect Hanesbrands to post earnings of $0.14 per share and revenue of $899.68 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Hanesbrands Price Performance

Shares of NYSE HBI opened at $7.53 on Tuesday. Hanesbrands has a fifty-two week low of $4.06 and a fifty-two week high of $9.10. The company has a debt-to-equity ratio of 21.50, a quick ratio of 0.90 and a current ratio of 1.49. The company has a 50 day simple moving average of $8.29 and a two-hundred day simple moving average of $7.44. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of -11.40 and a beta of 1.63.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on HBI. Barclays increased their price target on Hanesbrands from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. UBS Group raised shares of Hanesbrands from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $9.00 to $11.00 in a research note on Tuesday, November 26th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $6.90.

Hanesbrands Company Profile

Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.