HBI: Hanesbrands, Inc.
About
Hanesbrands, Inc. engages in the business of designing, manufacturing, sourcing, and selling basic apparel such as T-shirts, bras, panties, shape wear, underwear, socks, and activewear. It operates through the following segments: Innerwear, Activewear, and International. The Innerwear segment includes basic apparel including men’s underwear, women’s panties, children’s underwear, and socks, and intimate apparel such as bras, and shape wear. The Activewear segment focuses on T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, thermals, and team wear. The International segment provides activewear, underwear, intimate apparel, socks, and home goods. The company was founded by J. Wesley Hanes in 1901 and is headquartered in Winston-Salem, NC.
Key Details
Market Cap
$2.92B
P/E Ratio
-12.63
1Y Stock Return
111.51%
1Y Revenue Growth
-24.56%
Dividend Yield
0.00%
Price to Book
19.5
Strategies that include HBI
Stock's related to HBI
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| UA | 58.57% | $3.71B | +18.70% | 0.00% |
| UAA | 57.38% | $4.06B | +23.88% | 0.00% |
| YETI | 56.36% | $3.22B | -10.71% | 0.00% |
| TPX | 52.23% | $9.30B | +35.17% | 0.73% |
| ETD | 50.16% | $740.01M | +7.77% | 5.25% |
| GOLF | 49.41% | $4.21B | +20.68% | 1.22% |
| KMT | 49.32% | $2.17B | +21.08% | 2.88% |
| APPS | 49.32% | $125.51M | -75.85% | 0.00% |
| SBH | 48.05% | $1.33B | +35.54% | 0.00% |
| VAC | 47.35% | $3.13B | +16.15% | 3.39% |
| PVH | 47.16% | $5.51B | +15.04% | 0.15% |
| CSV | 46.99% | $590.66M | +75.49% | 1.16% |
| CNOB | 46.36% | $1.03B | +41.32% | 2.65% |
| WWW | 46.12% | $1.79B | +171.57% | 1.80% |
| NGVT | 45.85% | $1.67B | +18.26% | 0.00% |
| HCAT | 45.85% | $458.79M | 0.00% | 0.00% |
| FFBC | 45.62% | $2.75B | +42.24% | 3.23% |
| FARO | 45.28% | $486.17M | +40.51% | 0.00% |
| CCS | 45.15% | $2.69B | +20.00% | 1.19% |
| NWBI | 44.77% | $1.84B | +30.71% | 5.56% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LPLA | 0.01% | $23.55B | +38.13% | 0.38% |
| ALAR | 0.03% | $89.09M | +158.08% | 0.00% |
| CEPU | 0.05% | $2.07B | +87.28% | 0.00% |
| IBKR | 0.08% | $20.20B | +131.83% | 0.37% |
| VNET | -0.10% | $954.90M | +33.82% | 0.00% |
| ASUR | 0.15% | $233.14M | +12.13% | 0.00% |
| CREG | -0.23% | $6.14M | -35.78% | 0.00% |
| SLE | -0.30% | $8.82M | -63.18% | 0.00% |
| MESO | 0.30% | $1.23B | +347.11% | 0.00% |
| FAT | -0.36% | $89.30M | -11.53% | 10.73% |
| OBDE | 0.42% | $1.82B | -2.27% | 4.76% |
| QXO | -0.48% | $6.51B | -35.95% | 0.00% |
| YPF | 0.48% | $13.98B | +139.72% | 0.00% |
| VNOM | 0.48% | $5.48B | +79.62% | 3.35% |
| EDN | 0.53% | $813.00M | +161.34% | 0.00% |
| IRWD | 0.55% | $609.71M | -59.34% | 0.00% |
| PGR | -0.55% | $149.10B | +57.29% | 0.45% |
| HCI | 0.59% | $1.16B | +29.00% | 1.48% |
| TGS | 0.67% | $1.97B | +116.04% | 0.00% |
| BACK | -0.67% | $1.76M | -32.90% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -24.85% | $78.15B | +35.51% | 0.42% |
| MELI | -18.22% | $97.16B | +28.15% | 0.00% |
| HUSA | -17.20% | $16.69M | -11.56% | 0.00% |
| RNR | -11.51% | $13.74B | +23.09% | 0.58% |
| CBOE | -10.58% | $21.46B | +15.84% | 1.11% |
| COR | -9.75% | $47.48B | +21.20% | 0.86% |
| QTTB | -9.50% | $354.34M | +188.64% | 0.00% |
| FROG | -9.22% | $3.34B | +11.67% | 0.00% |
| SAVA | -8.84% | $1.35B | +25.50% | 0.00% |
| SMC | -6.63% | $383.35M | +97.26% | 0.00% |
| ACGL | -6.45% | $36.00B | +16.84% | 0.00% |
| OXBR | -6.10% | $19.05M | +178.18% | 0.00% |
| TCTM | -5.26% | $8.10M | -42.99% | 0.00% |
| CYD | -4.78% | $364.46M | -2.94% | 4.26% |
| VHC | -4.26% | $19.06M | -38.36% | 0.00% |
| INSM | -4.05% | $13.19B | +202.50% | 0.00% |
| PRPH | -3.68% | $18.14M | -82.61% | 0.00% |
| RLMD | -3.54% | $89.92M | +1.36% | 0.00% |
| ABEO | -3.49% | $256.04M | +41.25% | 0.00% |
| GLP | -3.38% | $1.77B | +51.33% | 5.50% |
ETF's related to HBI
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USCI | 0.32% | $186.12M | 1.07% |
| COMT | 0.47% | $845.57M | 0.48% |
| IBHD | -0.59% | $325.60M | 0.35% |
| XBIL | 0.82% | $637.70M | 0.15% |
| GSG | 0.86% | $933.39M | 0.75% |
| ICLO | -1.32% | $222.42M | 0.2% |
| JBBB | -1.51% | $1.26B | 0.49% |
| DBO | -1.55% | $219.68M | 0.77% |
| PDBC | 1.59% | $4.47B | 0.59% |
| XHLF | 1.78% | $876.41M | 0.03% |
| MINT | 1.95% | $11.62B | 0.35% |
| DBA | -2.06% | $762.43M | 0.93% |
| UNG | -2.09% | $918.08M | 1.06% |
| SUB | 2.17% | $8.68B | 0.07% |
| SOYB | -2.61% | $27.55M | 0.22% |
| TBLL | -2.62% | $1.92B | 0.08% |
| DBC | 3.40% | $1.41B | 0.87% |
| WEAT | -3.50% | $122.51M | 0.28% |
| DBMF | 3.52% | $1.02B | 0.85% |
| ULST | 3.53% | $535.64M | 0.2% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -36.54% | $378.68M | 1.43% |
| USDU | -35.52% | $200.96M | 0.5% |
| UUP | -31.79% | $326.18M | 0.77% |
| VIXY | -23.88% | $195.31M | 0.85% |
| EQLS | -18.49% | $17.58M | 1% |
| CTA | -10.38% | $349.14M | 0.78% |
| AGZD | -9.68% | $142.79M | 0.23% |
| BSCO | -8.06% | $2.33B | 0.1% |
| KMLM | -7.85% | $349.74M | 0.9% |
| TAIL | -7.48% | $67.98M | 0.59% |
| DBE | -6.43% | $50.87M | 0.77% |
| CORN | -6.29% | $61.56M | 0.2% |
| KCCA | -6.12% | $220.79M | 0.87% |
| HIGH | -5.56% | $300.71M | 0.51% |
| CLOI | -4.85% | $720.80M | 0.4% |
| JUCY | -4.10% | $324.29M | 0.6% |
| WEAT | -3.50% | $122.51M | 0.28% |
| TBLL | -2.62% | $1.92B | 0.08% |
| SOYB | -2.61% | $27.55M | 0.22% |
| UNG | -2.09% | $918.08M | 1.06% |
News
SeekingAlpha
Cyclical and stalwart dividend stocks are best for those pursuing outsized total returns through a capital recycling strategy. Read an analysis here.
Yahoo
Despite a decline in revenue, Hanesbrands Inc (HBI) reports significant profit increases and debt reduction, raising its outlook for the year.
SeekingAlpha
Despite the price spikes, Hanesbrands Inc.'s stock does not offer a great opportunity at these prices. Click here to read an analysis of HBI stock now.
Yahoo
The latest announcement is out from Hanesbrands ( (HBI) ). HanesBrands has reported strong financial results for the third quarter of 2024, with net sales at $937 million and impressive increases in both GAAP and adjusted gross margins. The company has successfully reduced its leverage and raised its full-year outlook for profit and cash flow, driven by strategic actions to enhance operational efficiency and reduce costs. Notably, HanesBrands has paid down approximately $870 million of debt and
Yahoo
Following the sale of Champion, the company is looking to distinguish itself as a focused innerwear business, and some analysts think it’s working.
Yahoo
HBI's Q3 results reflect better-than-expected EPS, driven by operational efficiency. The company expects to revert to revenue growth in Q4.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.