Hanesbrands stock shines after exceeding consensus on forecast and Q3 results
| HBI Stock | USD 5.02 0.11 2.14% |
Under 62% of Hanesbrands' investor base is looking to short. The analysis of overall sentiment of trading Hanesbrands stock suggests that many investors are alarmed at this time. Hanesbrands' investing sentiment shows overall attitude of investors towards Hanesbrands.
Hanesbrands | Build AI portfolio with Hanesbrands Stock |
Hanesbrands stock jumps 22.5 percent after strong Q3 earnings report, raising full-year guidance and reducing debt.
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Hanesbrands Fundamental Analysis
We analyze Hanesbrands' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hanesbrands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hanesbrands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Hanesbrands is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Hanesbrands Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hanesbrands stock to make a market-neutral strategy. Peer analysis of Hanesbrands could also be used in its relative valuation, which is a method of valuing Hanesbrands by comparing valuation metrics with similar companies.
Peers
Hanesbrands Related Equities
| GIII | G III | 0.42 | ||||
| UAA | Under Armour | 0.14 | ||||
| PVH | PVH Corp | 0.09 | ||||
| UA | Under Armour | 0.30 | ||||
| RL | Ralph Lauren | 0.72 | ||||
| KTB | Kontoor Brands | 1.47 | ||||
| COLM | Columbia Sportswear | 1.66 | ||||
| LEVI | Levi Strauss | 1.90 | ||||
| VFC | VF | 2.73 |
Complementary Tools for Hanesbrands Stock analysis
When running Hanesbrands' price analysis, check to measure Hanesbrands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanesbrands is operating at the current time. Most of Hanesbrands' value examination focuses on studying past and present price action to predict the probability of Hanesbrands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanesbrands' price. Additionally, you may evaluate how the addition of Hanesbrands to your portfolios can decrease your overall portfolio volatility.
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