{"id":50337,"date":"2024-06-10T08:17:19","date_gmt":"2024-06-10T08:17:19","guid":{"rendered":"https:\/?p=50337"},"modified":"2024-06-10T08:17:19","modified_gmt":"2024-06-10T08:17:19","slug":"hanesbrands-stock-analyst-split-after-champion-brands-departure","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/hanesbrands-stock-analyst-split-after-champion-brands-departure\/","title":{"rendered":"HanesBrands Stock: Analyst Split After Champion Brand&#8217;s Departure"},"content":{"rendered":"<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NYE\/HBI\">HanesBrands Inc (HBI: NYE)<\/a> shook things up in June 2024 by announcing the sale of its Champion brand to Authentic Brands Group for $1.2 billion, with the potential to reach $1.5 billion if certain performance goals are met.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Stock Target Advisor&#8217;s Analysis on HanesBrands:\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">According to <a href=\"https:\/\/www.stocktargetadvisor.com\/\">Stock Target Advisor<\/a>, HanesBrands&#8217; stock rating slants towards a &#8216;Sell&#8217; with a target price of $5 and a projected price change of -3.47% in the next 12 months. The average analyst target price hovers around $4.86, indicating a &#8216;Hold&#8217; rating.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">HanesBrands showcases positive signals such as being underpriced on a cashflow basis, positive cash flow, free cash flow and superior total returns and dividend growth. However, a careful review of other financial performance signals shows less promising facts: poor capital utilization, return on assets, an overpriced status compared to book value and earnings, below median dividend returns, poor risk-adjusted returns, slow revenue, and earnings growth.<\/span><\/p>\n<p><a href=\"https:\/\/www.stocktargetadvisor.com\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-50339 size-full\" src=\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2024\/06\/sta-symbol-analyst-ratings-widget-2.png\" alt=\"HBI widget\" width=\"848\" height=\"497\" srcset=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2024\/06\/sta-symbol-analyst-ratings-widget-2.png 848w, https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2024\/06\/sta-symbol-analyst-ratings-widget-2-300x176.png 300w, https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2024\/06\/sta-symbol-analyst-ratings-widget-2-150x88.png 150w, https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2024\/06\/sta-symbol-analyst-ratings-widget-2-768x450.png 768w\" sizes=\"(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><\/p>\n<h2>How Does the Champion Brand Sale Impact HBI&#8217;s Financial Health?<\/h2>\n<p><span style=\"font-weight: 400;\">Proceeds from the Champion brand&#8217;s sale will service HanesBrands\u2019 debt, fostering healthier fiscal foundations. Yet, underlying uncertainties stem from the potential impact on sales figures due to the loss of a major revenue generator. The future success of HanesBrands hangs heavily on the growth of the remaining brands and expansion into new markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consequently, investors are urged to monitor the company&#8217;s performance closely, especially with split analyst opinions that equally consider profitability boost and revenue stream loss.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Bottom Line:<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">HanesBrands&#8217; recent major business decision to sell the Champion brand leaves them poised on a knife\u2019s edge. Consolidating debt and potentially increasing profitability are enticing prospects while the loss of a significant revenue stream presents a formidable challenge.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HanesBrands Inc (HBI: NYE) shook things up in June 2024 by announcing the sale of its Champion brand to Authentic Brands Group for $1.2 billion,&#8230;<\/p>\n","protected":false},"author":17,"featured_media":50340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-50337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HanesBrands Stock: Analyst Split After Champion Brand&#039;s Departure | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/hanesbrands-stock-analyst-split-after-champion-brands-departure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HanesBrands Stock: Analyst Split After Champion Brand&#039;s Departure\" \/>\n<meta property=\"og:description\" content=\"HanesBrands Inc (HBI: NYE) shook things up in June 2024 by announcing the sale of its Champion brand to Authentic Brands Group for $1.2 billion,...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/hanesbrands-stock-analyst-split-after-champion-brands-departure\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-10T08:17:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2024\/06\/STAs-Blog-Images-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muzzammil Ahmad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/Muzzammil625\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muzzammil Ahmad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/hanesbrands-stock-analyst-split-after-champion-brands-departure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/hanesbrands-stock-analyst-split-after-champion-brands-departure\/\"},\"author\":{\"name\":\"Muzzammil Ahmad\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/81d743c6903933055039390e1e98b5f8\"},\"headline\":\"HanesBrands Stock: Analyst Split After Champion Brand&#8217;s Departure\",\"datePublished\":\"2024-06-10T08:17:19+00:00\",\"dateModified\":\"2024-06-10T08:17:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/hanesbrands-stock-analyst-split-after-champion-brands-departure\/\"},\"wordCount\":283,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News &amp; 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