Scott Wachsler's  Instablog

Scott Wachsler
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I manage Wax, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
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Wax Ink
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Wax Ink
  • Value Alert - Hanesbrands, Inc. 0 comments
    May 1, 2013 5:28 AM | about stocks: HBI

    Texas (May 1, 2013) Wax Ink has issued a No Investment Interest rating for Hanesbrands, Inc. (NYSE: HBI) based on a recent baseline equity review which placed fair value between $40-$47.

    The recent close of $50.16 is approximately 109% above the fair value buy target for the stock and approximately 1% above the fair value close target for the stock. The recent close is also 7% below analysts' $54.00 median target for the stock.

    The recent close represents a 78% increase in price since the last baseline equity review was conducted in August 2011.

    The stock currently has a trailing twelve month PE Ratio of 13, and a PEG Ratio of 1.0 basis estimated forward earnings growth of 13%.

    In the past 52 weeks, share prices have moved between a high of $50.14 and a low of $24.64. With the recent close, the stock is trading 0% below the 52 week high and 51% above the 52 week low.

    Hanesbrands, Inc. designs, manufactures, and markets a range of apparel essentials such as t-shirts, innerwear, casualwear, activewear, socks and hosiery.

    All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.

    Wax Ink currently has no investment position in the company mentioned in this alert.

    Wax is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.

    Copyright © 2013 Wax Ink

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: HBI
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