Hanesbrands (HBI)
(Delayed Data from NYSE)
$8.22 USD
+0.33 (4.18%)
Updated Nov 15, 2024 04:00 PM ET
After-Market: $8.20 -0.02 (-0.24%) 7:58 PM ET
2-Buy of 5 2
A Value A Growth A Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
HBI 8.22 +0.33(4.18%)
Will HBI be a Portfolio Killer in November?
Zacks Investment Research is releasing its prediction for HBI based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for HBI
Shopify (SHOP) Shares Surge After Q3 Earnings: Time to Buy?
Hanesbrands Raises Profit Guidance on Q3 Earnings & Sales Beat
HBI: What are Zacks experts saying now?
Zacks Private Portfolio Services
Hanesbrands Q3 Earnings on the Horizon: Key Insights for Investors
HanesBrands (HBI) Dips More Than Broader Market: What You Should Know
HanesBrands (HBI) Stock Dips While Market Gains: Key Facts
Other News for HBI
Cautious Sell Rating for Hanesbrands Amidst High Leverage and Competitive Challenges
My Single Biggest Regret As An Investor
Shopify's Q3 Success and Strong Q4 Outlook Amid Economic Challenges
HanesBrands (HBI) Delivers Surprising Q3 Results as it Sells of Champion Brand
Hanesbrands price target raised to $7 from $6 at Barclays