Alert: Major Price Advance (11/14/23)-Hanesbrands Inc (NYSE: HBI).


Hanesbrands Inc (NYSE: HBI) stock closed at $4.16 on 11/14/23 after a major increase of 10.6%. The stock has declined -5.9% during the last week and has been weak relative to the market over the last nine months.


Current PriceTarget Research Rating

HBI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Hanesbrands has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Hanesbrands has a neutral Appreciation Score of 58 but a poor Power Rating of 26, leading to the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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