HanesBrands Inc Stock Research

Market Summary

USD4.09+0.16

Market Closed

4.07%

HBI Alerts

Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

HBI Stock Price

HBI RSI Chart

HBI Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

-5.1

Price/Sales (Trailing)

0.24

EV/EBITDA

4.44

Price/Free Cashflow

-7.14

HBI Price/Sales (Trailing)

HBI Profitability

EBT Margin

5.66%

Return on Equity

-31.94%

Return on Assets

-1.96%

Free Cashflow Yield

-14%

HBI Fundamentals

HBI Revenue

Revenue (TTM)

6.0B

Revenue Y/Y

-11.85%

Revenue Q/Q

-5.69%

HBI Earnings

Earnings (TTM)

-280.3M

Earnings Y/Y

-128.98%

Earnings Q/Q

91.77%

Price Action

52 Week Range

3.8511.67

(Low)(High)

Last 7 days

1.5%

Last 30 days

-15.0%

Last 90 days

-25.8%

Trailing 12 Months

-63.9%

HBI Financial Health

Current Ratio

1.75

HBI Investor Care

Dividend Yield

12.45%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

-0.8

Peers (Alternatives to HanesBrands)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NKE	166.0B	50.6B	-13.19%	-3.73%	30.3	3.28	8.13%	-10.43%
LULU	41.6B	8.1B	-8.76%	18.36%	48.64	5.13	29.63%	-12.36%
DECK	12.3B	3.6B	-2.79%	77.44%	24.83	3.43	20.04%	18.55%
MID-CAP
TPR	9.7B	6.7B	4.07%	24.82%	10.73	1.45	-0.13%	3.85%
SKX	7.7B	7.4B	2.10%	35.54%	20.52	1.03	17.98%	-49.69%
VFC	7.0B	11.7B	-18.91%	-62.69%	16.93	0.6	4.21%	-68.79%
CROX	6.6B	3.8B	-27.77%	100.34%	10.73	1.75	50.35%	-11.87%
SHOO	2.4B	2.0B	-9.36%	-14.97%	10.85	1.16	-1.88%	12.86%
SMALL-CAP
HBI	1.4B	6.0B	-14.97%	-63.88%	-5.1	0.24	-11.97%	-161.04%
WWW	1.2B	2.7B	-10.19%	-28.17%	-6.96	0.47	5.97%	-549.75%
MOV	579.6M	751.9M	3.37%	-28.01%	6.13	0.77	2.66%	3.20%
FOSL	118.7M	1.6B	-30.82%	-67.47%	-2.73	0.07	-13.34%	-263.48%
LAKE	83.0M	6.0M	-2.16%	-33.59%	44.31	13.83	-94.62%	-83.53%
VNCE	71.2M	357.4M	-12.58%	-27.97%	-1.86	0.2	10.77%	-201.84%
DLA	68.7M	460.0M	-9.67%	-66.25%	-14.93	0.15	-3.32%	-115.97%

Financials for HanesBrands

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-3.0%	6,047	6,234	6,513	6,632	6,869
Gross Profit	-6.1%	2,087	2,221	2,387	2,524	2,633
S&GA Expenses	-1.3%	1,680	1,702	1,772	1,816	1,855
EBITDA	-13.0%	429	493	589	680	-
EBITDA Margin	-9.1%	0.07*	0.08*	0.09*	0.10*	-
Earnings Before Taxes	-43.5%	199	353	419	514	576
EBT Margin	-12.0%	0.06*	0.06*	0.08*	0.08*	-
Net Income	-120.4%	-280	-127	351	423	459
Net Income Margin	-137.9%	-0.02*	0.05*	0.06*	0.07*	-
Free Cahsflow	2.0%	-470	-480	-111	304	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-1.1%	6,433	6,504	7,099	7,089	6,860
Current Assets	-3.3%	3,029	3,132	3,555	3,506	3,298
Cash Equivalents	-10.6%	213	238	253	248	369
Inventory	-0.5%	1,969	1,980	2,136	2,091	1,820
Net PPE	0.0%	442	442	443	443	444
Goodwill	-0.2%	1,107	1,109	1,085	1,107	1,139
Liabilities	-0.2%	6,093	6,106	6,424	6,377	6,080
Current Liabilities	-1.5%	1,764	1,791	2,082	2,060	2,066
LT Debt, Current	87.2%	243	130	161	-	-
LT Debt, Non Current	-0.6%	3,589	3,612	3,656	3,627	3,325
Shareholder's Equity	-14.7%	340	398	675	712	779
Retained Earnings	-6.0%	538	572	1,043	1,016	977
Additional Paid-In Capital	0.6%	337	335	328	322	316
Shares Outstanding	0.1%	350	349	349	349	349

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	76.8%	-83.08	-358	-395	-29.92	375
Share Based Compensation	-	23.00	-	-	-	-
Cashflow From Investing	11.2%	-192	-216	-187	-182	-68.44
Cashflow From Financing	-44.5%	164	296	23.00	-157	-466
Dividend Payments	-25.0%	157	209	209	209	209
Buy Backs	-100.0%	0.00	25.00	25.00	25.00	25.00

Risks for HBI

What is the probability of a big loss on HBI?

100%

Probability that HanesBrands stock will be more than 20% underwater in next one year

66.5%

Probability that HanesBrands stock will be more than 30% underwater in next one year.

52.3%

Probability that HanesBrands stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HBI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if HanesBrands was unfortunately bought at previous high price.

Drawdowns

Returns for HBI

Cumulative Returns on HBI

-8.0%

10-Year Cumulative Returns

-20.9%

7-Year Cumulative Returns

-22.8%

5-Year Cumulative Returns

-24.6%

3-Year Cumulative Returns

What are the long-term rolling returns for HBI?

FIve years rolling returns for HanesBrands.

Annualized Returns

Which funds bought or sold HBI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	BROOKFIELD Corp /ON/	sold off	-100	-221,532	-	-%
2023-05-23	Toroso Investments, LLC	sold off	-100	-425,000	-	-%
2023-05-22	AMERIPRISE FINANCIAL INC	added	196	5,268,850	8,904,850	-%
2023-05-18	GSB Wealth Management, LLC	reduced	-20.09	-48,041	93,628	0.03%
2023-05-18	JPMORGAN CHASE & CO	reduced	-21.6	-1,558,730	2,874,270	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-1.68	-409,000	1,784,000	-%
2023-05-18	SkyView Investment Advisors, LLC	added	23.89	7,000	248,000	0.06%
2023-05-17	Advisory Services Network, LLC	added	64.62	205,220	772,901	0.02%
2023-05-17	KB FINANCIAL PARTNERS, LLC	added	25.51	6,000	171,000	0.05%
2023-05-17	VIRGINIA RETIREMENT SYSTEMS ET AL	sold off	-100	-98,832	-	-%

Latest Funds Activity

Are funds buying HBI calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own HBI

No. of Funds

HanesBrands News

Schedule 13G FIlings of HanesBrands

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 22, 2023	lind value ii aps	-	0	SC 13G
Feb 14, 2023	cooke & bieler lp	5.9%	20,674,529	SC 13G
Feb 07, 2023	diamond hill capital management inc	2.2%	7,529,404	SC 13G/A
Jan 26, 2023	blackrock inc.	11.4%	39,853,310	SC 13G/A
Jan 20, 2023	blackrock inc.	11.4%	39,853,310	SC 13G
Jan 10, 2023	vanguard group inc	10.03%	35,011,639	SC 13G/A
Feb 09, 2022	diamond hill capital management inc	6.3%	21,912,308	SC 13G/A
Jan 10, 2022	blackrock inc.	10.5%	36,584,207	SC 13G/A
Feb 16, 2021	state street corp	4.54%	15,797,146	SC 13G/A
Feb 12, 2021	diamond hill capital management inc	6.2%	22,421,769	SC 13G

HBI Fair Value

HanesBrands fair value in different scenarios

The table shows the Fair Value estimates for HanesBrands for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	4.27 4.40%	6.33 54.77%	7.35 79.71%	9.46 131.30%	14.09 244.50%
Current Inflation	4.03 -1.47%	5.82 42.30%	6.72 64.30%	8.55 109.05%	12.56 207.09%
Very High Inflation	3.70 -9.54%	5.18 26.65%	5.93 44.99%	7.44 81.91%	10.72 162.10%

Historical HanesBrands Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of HanesBrands

View All Filings

Date Filed	Form Type	Document
May 25, 2023	SD	SD
May 22, 2023	SC 13G	Major Ownership Report
May 03, 2023	S-8	Employee Benefits Plan
May 03, 2023	8-K	Current Report
May 03, 2023	10-Q	Quarterly Report
Apr 27, 2023	8-K	Current Report
Mar 31, 2023	4	Insider Trading
Mar 15, 2023	DEFA14A	DEFA14A
Mar 15, 2023	DEF 14A	DEF 14A
Mar 15, 2023	ARS	ARS

Latest Insider Trading transactions for HBI

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-30	Preston Tracy M	sold (taxes)	-16,760	5.03	-3,332	see remarks
2023-02-28	Irvin Mark A	acquired	-	-	25,015	-
2023-02-09	Cavaliere Joseph W	sold (taxes)	-26,993	5.89	-4,583	president innerwear global
2023-02-01	Lewis Markland Scott	acquired	-	-	37,313	svp, chief accounting officer
2023-01-30	Lewis Markland Scott	sold (taxes)	-5,862	8.12	-722	svp, chief accounting officer
2023-01-30	Faircloth Michael E.	sold (taxes)	-54,972	8.12	-6,770	evp supply chain - global
2023-01-26	Cavaliere Joseph W	sold (taxes)	-45,184	8.02	-5,634	president innerwear global
2023-01-26	Dastugue Michael	sold (taxes)	-52,306	8.02	-6,522	chief financial officer
2023-01-26	Oliver Kristin L	sold (taxes)	-48,894	7.93615	-6,161	see remarks
2023-01-26	Bratspies Stephen B	sold (taxes)	-539,982	7.91785	-68,198	chief executive officer

About HanesBrands

HBI Income Statement

2023-04-01

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Income Statement [Abstract]
Net sales	$ 1,389,410	$ 1,576,156
Cost of sales	939,717	991,978
Gross profit	449,693	584,178
Selling, general and administrative expenses	392,374	413,666
Operating profit	57,319	170,512
Other expenses	14,771	987
Interest expense, net	58,452	31,963
Income (loss) from continuing operations before income tax expense	(15,904)	137,562
Income tax expense	18,500	23,385
Income (loss) from continuing operations	(34,404)	114,177
Income from discontinued operations, net of tax	0	4,525
Net income (loss)	$ (34,404)	$ 118,702
Earnings (loss) per share, basic:
Continuing operations	$ (0.10)	$ 0.33
Discontinued operations	0.00	0.01
Net income (loss)	(0.10)	0.34
Earnings (loss) per share, diluted:
Continuing operations	(0.10)	0.32
Discontinued operations	0.00	0.01
Net income (loss)	$ (0.10)	$ 0.34

HBI Balance Sheet

2023-04-01

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022	Apr. 02, 2022
Assets
Cash and cash equivalents	$ 213,209	$ 238,413	$ 369,210
Trade accounts receivable, net	681,921	721,396	898,420
Inventories	1,969,133	1,979,672	1,819,974
Other current assets	159,724	178,946	202,015
Current assets held for sale	4,986	13,327	7,959
Total current assets	3,028,973	3,131,754	3,297,578
Property, net	442,315	442,404	443,817
Right-of-use assets	454,643	414,894	350,174
Trademarks and other identifiable intangibles, net	1,241,624	1,255,693	1,235,276
Goodwill	1,106,590	1,108,907	1,138,667
Deferred tax assets	21,732	20,162	326,677
Other noncurrent assets	136,803	130,062	67,520
Total assets	6,432,680	6,503,876	6,859,709
Liabilities and Stockholders’ Equity
Accounts payable	965,630	917,481	1,204,196
Accrued liabilities	474,840	498,028	575,911
Lease liabilities	100,266	114,794	117,465
Accounts Receivable Securitization Facility	166,000	209,500	135,500
Current portion of long-term debt	52,750	37,500	25,000
Current liabilities held for sale	4,986	13,327	7,959
Total current liabilities	1,764,472	1,790,630	2,066,031
Long-term debt	3,588,945	3,612,077	3,325,042
Lease liabilities - noncurrent	379,365	326,644	258,663
Pension and postretirement benefits	113,649	116,167	242,690
Other noncurrent liabilities	246,723	260,094	187,867
Total liabilities	6,093,154	6,105,612	6,080,293
Stockholders’ equity:
Preferred stock (50,000,000 authorized shares; $.01 par value) Issued and outstanding - None	0	0	0
Common stock (2,000,000,000 authorized shares; $.01 par value) Issued and outstanding - 349,530,266, 349,009,147 and 348,775,722, respectively	3,495	3,490	3,488
Additional paid-in capital	336,851	334,676	315,675
Retained earnings	537,702	572,106	976,944
Accumulated other comprehensive loss	(538,522)	(512,008)	(516,691)
Total stockholders’ equity	339,526	398,264	779,416
Total liabilities and stockholders’ equity	$ 6,432,680	$ 6,503,876	$ 6,859,709