Hanesbrands Inc $ 17.55 0.29 (1.68%)
Hanesbrands Inc News and Headlines -
Value investors may be interested in the following stocks, as their share prices are currently below the Peter Lynch earnings line, increasing the chance to buy value.
These stocks have also received optimistic recommendation ratings from Wall Street sell-side analysts.
The first stock investors may be interested in is Hanesbrands Inc. (HBI), a Winston-Salem, North Carolina-based manufacturer and seller of various basic apparel for men, women and children.
The below chart illustrates that the share price ($14.13 at close on July 31) stands below the Peter Lynch earnings line for a margin of safety of approximately 33.7%.
Hanesbrands (HBI), a leading manufacturer of undergarments and athletic apparel, added 143 basis points to the Fund’s return, as its stock price jumped from $7.87 to $11.29 for a total return of 45.8%. Management noted some improving consumer demand as retail stores began to gradually reopen. The company also saw online sales accelerating through April, reaching triple-digit growth rates across several retail partners’ websites. Finally, the board of directors appointed Stephen Bratspies as CEO effective August 3. He joins Hanesbrands with over 25 years of experience, including 15 at Walmart, where he most recently served as the chief merchandising
As of June 30, 2020, the net asset value (“NAV”) of the Parnassus Endeavor Fund (Trades, Portfolio) — Investor Shares was $35.23, so the total return for the quarter was 23.10%. This compares to a gain of 20.54% for the S&P 500 Index (“S&P 500”) and a gain of 21.12% for the Lipper Multi-Cap Core Funds Average, which represents the average return of the multi cap core funds followed by Lipper (“Lipper Average”).
Although we’re ahead of both benchmarks for the quarter, we’re still behind them for the year-to-date, because we underperformed in the first quarter. The
U.S. stocks were in the green on Thursday morning ahead of greater than expected payrolls in June. The Dow Jones Industrial Average gained 0.96% to 25,981, the S&P 500 index jumped 0.95% to 3,145 and the Nasdaq Composite Index was up 1.01% to 10,257.
• Xerox Holdings Corp (XRX) +6.3%
• Mosaic Co (MOS) +5.6%
• HanesBrands Inc (HBI) +5.5%
• National Oilwell Varco Inc (NOV) +4.2%
• Cabot Oil & Gas Corp (COG) +3.7%
• Ventas Inc (VTR) -2.8%
• Gap Inc (GPS) -1%
• Darden Restaurants Inc (DRI) -0.7%
• American Tower Corp
According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of June 24.
Mobile TeleSystems PJSC (MBT) has a business predictability rank of 4.5 out of 5 stars and, according to the discounted cash flow calculator, a 10.96% margin of safety at an average price of $9.34 per share.
The Russian wireless operator has a market cap of $8.7 billion and an enterprise value of $13.8 billion. Over the past five years, its revenue has grown 2.5%.
Why are credit ratings and credit risk still used interchangeably? In today’s environment, distinguishing between credit ratings and credit risk seems more important than ever. It is not uncommon to see investment-grade bonds priced to perfection with more downside risk than shorter-term, lower-rated bonds. After the dislocation in March 2020, you would hate to take on perceived safe, investment-grade credit only to be caught in a contagion of downgrades where pricing is wrought by indiscriminate selling. After all, is the Federal Reserve program really a reliable investment thesis?
Finding “quality” companies that may have high yield ratings could provide the
The news this morning brought word of a major retail casualty; the J. Crew Group, which operates both J. Crew and Madewell. It announced it had filed for bankruptcy protection. Not surprisingly, the news stories also mentioned several other venerable retail names that have been brought low by the pandemic, the latest in a stream of challenges.
Leverage is one of the main reasons why J. Crew and those other retailers are having trouble getting through the pandemic and past the continuing threat from Amazon.com (AMZN) and other online competitors. J. Crew will continue to operate, presuming bankruptcy allows it
Hanesbrands (HBI), a leading manufacturer of undergarments and athletic apparel, sliced 203 basis points from the Fund’s return, as the stock fell 46.4% from $14.85 to $7.87. The company is facing multiple disruptions as it navigates retail store closures, mall traffic collapse, spending cutbacks and inventory decline. Given the uncertainty, the company drew down its revolving credit facility to increase its cash position. It also withdrew its first-quarter and full-year earnings guidance given the economic uncertainty. Separately, the chief executive, Gerald Evans, announced his retirement at the end of fiscal year 2020, after almost four decades with the company
As of March 31, 2020, the net asset value (“NAV”) of the [url=https://www.gurufocus.com/StockBuy.php?GuruName=Parnassus+Endeavor+Fund]Parnassus Endeavor Fund[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Parnassus+Endeavor+Fund]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Parnassus+Endeavor+Fund]Portfolio[/url])—Investor Shares was $28.62, so the total return for the quarter was a loss of 25.04%.
This compares to a loss of 19.60% for the S&P 500 Index (“S&P 500”) and a loss of 22.22% for the Lipper Multi-Cap Core Funds Average, which represents the average return of the multi-cap core funds followed by Lipper (“Lipper average”).
There are several reasons we underperformed this quarter. First, we have a lot of technology stocks in the portfolio, and we believe they tend to be more
About a year and a half ago, GuruFocus contributor Jonathon Poland wrote an article titled, “Hanesbrands Is Worth Owning Under $18”. Well, Hanesbrands (HBI) now is worth much less than $18; at the close of trading on April 13, it was priced at just $9.35.
So is this a good time to buy, or should we consider buying it at all?
Currently, Hanesbrands is also the most undervalued stock on the GuruFocus Undervalued Predictable list. This list is created by screening for stocks that are undervalued based on the relationship between their market price and a
Hanesbrands (HBI), a leading manufacturer of undergarments and athletic apparel, contributed 131 basis points to the Fund’s return, as its stock rose from $12.53 to $14.85 for a 23.0% total return. Stronger-than-expected performances in the company’s Champion brand and international businesses led management to raise its revenue guidance for fiscal year 2019. The company also used its cash flows to pay down debt to improve its capital structure.
From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Jerome+Dodson]Jerome Dodson[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Jerome+Dodson]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Jerome+Dodson]Portfolio[/url])'s [url=https://www.gurufocus.com/StockBuy.php?GuruName=Parnassus+Endeavor+Fund]Parnassus Endeavor Fund[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Parnassus+Endeavor+Fund]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Parnassus+Endeavor+Fund]Portfolio[/url]) fourth-quarter 2019 commentary.
In an interview with CNBC’s “Closing Bell” last week, Jonathan Boyar discussed the Boyar Value Group’s list of 40 stocks they believe will outperform the major indexes over the course of the year.
Standouts for 2020 include Discovery Inc. (DISCK), Madison Square Garden Co. (MSG) and Hanesbrands Inc. (HBI).
Boyar said that Discovery is in an out-of-favor industry, but is able to produce quality content for significantly less than other media companies and has a large subscriber base. He also noted that media mogul John Malone recently upped his stake, buying $75 million worth of shares.
“The last time
According to the Aggregated Portfolio, a GuruFocus Premium feature, five most-broadly-held stocks from the manufacturing sector include Mohawk Industries Inc. (MHK), Hanesbrands Inc. (HBI), Whirlpool Corp. (WHR), PVH Corp. (PVH) and Capri Holdings Ltd. (CPRI).
Dow tumbles on weaker-than-expected manufacturing data
On Cyber Monday, the Dow Jones Industrial Average closed at 27,784.94, down 266.47 points from the Black Friday close of 28,051.41.
Institute of Supply Management Chairman Timothy Fiore said the November purchasing manager’s index stood at 48.1%, down 0.2% from the October reading of 48.3%. The three components of the
Hanesbrands (HBI), a leading manufacturer of undergarments and athletic apparel, subtracted 46 basis points from the Fund’s return, as its stock fell 11.0% from $17.22 to $15.32. The company’s U.S. innerwear segment, its highest-margin business, continued to navigate a challenging retail environment amid further risks of department store closures and bankruptcies. Management seems not yet ready to commit to a turnaround and expects U.S. innerwear segment sales to decline 2% this year. Investors were also concerned about the sustainability of Champion’s growth, as the brand posted global sales growth of more than 50% over the last trailing twelve months.
As of September 30, 2019, the net asset value per share (“NAV”) of the Parnassus Endeavor Fund (Trades, Portfolio) – Investor Shares was $34.99, so the total return for the quarter was 2.43%. This compares to a gain of 1.70% for the S&P 500 and 0.91% for the Lipper Multi-Cap Core Funds Average, which represents the average return of the multi-cap core funds followed by Lipper (“Lipper average”). For the year-to-date, the Parnassus Endeavor Fund (Trades, Portfolio) – Investor Shares is up 21.20%, compared to a gain of 20.55% for the S&P 500 and
U.S. stocks were in the red on Tuesday. The Dow Jones Industrial Average fell 0.53% to 26,807, the S&P 500 index declined 0.84% to 2,966 and the Nasdaq Composite index slid 1.46% to 7,993.
Shares of CarMax Inc. (KMX) fell 0.18% on Tuesday after announcing second-quarter results. The company posted earnings of $1.40 per share on $5.2 billion in revenue. It beat earnings estimates by 7 cents and revenue expectations by $140 million
“CarMax posted solid second quarter results, and our double-digit increase in earnings per share reflected growth across our used, wholesale and CAF operations, along with ongoing
As of Wednesday, the following companies are trading at a discount and have positive three- to five-year future earnings estimates, according to the GuruFocus All-in-One Screener.
Shares of Autoliv Inc. (ALV) are trading around $72.37 per share. The discounted cash flow calculator gives the stock a fair value of $70.33 per share, suggesting it is overpriced by 2.90%.
The company, which provides safety components and systems for the auto industry, has a GuruFocus profitability and growth rating of 6 out of 10. Its earnings per share have grown 0.60% over the last five years.
Hanesbrands (NYSE:HBI), a leading manufacturer of undergarments and athletic apparel, contributed 177 basis points to the Fund’s return, as its stock rose from $12.53 to $17.88, for a total return of 43.8%. Hanesbrands had a strong finish to its fiscal year 2018, posting its highest quarterly sales growth in eight years and its first annual sales increase since 2014. Management noted continued strong growth of its global brand Champion, international innerwear growth, increased sales for underwear and shapewear in the U.S. and the expansion of its direct-to-consumer sales channel. The company also used its cash flows to pay down
As of March 31, 2019, the (“NAV”) of the Parnassus Endeavor Fund — Investor Shares was $34.19, so the total return for the quarter was 18.43%. This compares to 13.65% for the S&P 500 Index (“S&P 500”) and 13.14% for the Lipper Multi-Cap Core Funds Average, which represents the average return of the multi-cap core funds followed by Lipper (“Lipper average”). For the quarter, the Fund earned more than five percentage points more than the Lipper average and almost five percentage points more than the S&P 500. Below you will find a table giving the total returns for the one-,
U.S. stocks were in positive territory on Thursday on the back of a positive gross domestic product report. The Dow Jones Industrial Average gained 0.36% to 25,717, the S&P 500 index roseÂ 0.36% to 2,815 and the Nasdaq Composite Index swelled 0.34% to 7,669.
Shares of Five Below Inc. (FIVE) climbed more than 8% on Thursday after the company announced fourth-quarter results. Revenue grew 19.4% from the prior-year quarter to $602.7 million, beating expectations by $1.17 million. Earnings of $1.58 per share were in line with estimates.
In a statement, President and CEO Joel Anderson said Five Below's strong quarterly