Hanesbrands Inc [HBI] Investment Appeal on the Rise

ZOM Stock

Hanesbrands Inc’s recently made public that its Director MORAN ROBERT F acquired Company’s shares for reported $0.45 million on Feb 18 ’25. In the deal valued at $6.01 per share,74,850 shares were bought. As a result of this transaction, MORAN ROBERT F now holds 216,373 shares worth roughly $0.99 million.

Then, VANESSA LEFEBVRE-ROBINSON bought 276,394 shares, generating $2,196,503 in total proceeds.

UBS upgraded its Hanesbrands Inc [HBI] rating to a Buy from a a Neutral in a research note published on November 26, 2024; the price target was increased to $11 from $9. A number of analysts have revised their coverage, including Credit Suisse’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Neutral”. Wells Fargo also remained covering HBI and has decreased its forecast on October 31, 2022 with a “an Underweight” recommendation from previously “an Overweight” rating. Evercore ISI revised its rating on July 13, 2022. It rated HBI as “an In-line” which previously was an “an Outperform”.

Price Performance Review of HBI

On Friday, Hanesbrands Inc [NYSE:HBI] saw its stock fall -4.39% to $4.57. Over the last five days, the stock has lost -8.60%. Hanesbrands Inc shares have fallen nearly -43.86% since the year began. Nevertheless, the stocks have fallen -11.26% over the past one year. While a 52-week high of $9.10 was reached on 01/15/25, a 52-week low of $4.02 was recorded on 04/09/25.

Levels Of Support And Resistance For HBI Stock

The 24-hour chart illustrates a support level at 4.51, which if violated will result in even more drops to 4.44. On the upside, there is a resistance level at 4.67. A further resistance level may holdings at 4.76.

How much short interest is there in Hanesbrands Inc?

A steep rise in short interest was recorded in Hanesbrands Inc stocks on 2025-05-30, growing by 5.63 million shares to a total of 35.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 29.83 million shares. There was a rise of 15.87%, which implies that there is a positive sentiment for the stock.

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