Media coverage about Hanesbrands (NYSE:HBI) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hanesbrands earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the textile maker an impact score of 46.6586049319998 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have impacted Accern’s scoring:

Shares of Hanesbrands (HBI) traded down $0.57 during trading hours on Wednesday, hitting $20.30. The company’s stock had a trading volume of 7,551,781 shares, compared to its average volume of 5,322,217. Hanesbrands has a fifty-two week low of $18.90 and a fifty-two week high of $25.73. The stock has a market capitalization of $7,700.02, a price-to-earnings ratio of 10.83, a PEG ratio of 1.21 and a beta of 0.70. The company has a quick ratio of 0.85, a current ratio of 1.88 and a debt-to-equity ratio of 2.90.

Hanesbrands (NYSE:HBI) last announced its quarterly earnings results on Wednesday, November 1st. The textile maker reported $0.60 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.60. The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.80 billion. Hanesbrands had a return on equity of 64.73% and a net margin of 9.43%. Hanesbrands’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.56 earnings per share. analysts expect that Hanesbrands will post 1.94 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 5th. Investors of record on Tuesday, November 14th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, November 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.96%. Hanesbrands’s payout ratio is 37.04%.

Several brokerages have recently issued reports on HBI. Zacks Investment Research cut Hanesbrands from a “hold” rating to a “sell” rating in a report on Tuesday. Citigroup reaffirmed a “neutral” rating and issued a $23.00 target price on shares of Hanesbrands in a report on Tuesday. Stifel Nicolaus reaffirmed a “hold” rating and issued a $23.00 target price on shares of Hanesbrands in a report on Tuesday, September 26th. Oppenheimer reaffirmed a “buy” rating on shares of Hanesbrands in a report on Wednesday, October 18th. Finally, BidaskClub cut Hanesbrands from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $25.97.

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Hanesbrands Company Profile

Hanesbrands Inc is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under apparel brands, such as Hanes, Champion, Maidenform, DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Gear for Sports and Berlei.

Insider Buying and Selling by Quarter for Hanesbrands (NYSE:HBI)

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