I plan to revisit all equity holdings over the next few weeks, and I will also review multiple other stocks for purchase.
HBI-HANESBRANDS–Selling at 22.08. I own a bunch through the office. Performance over the last 52weeks is at -24%. Short interest is at 8.45%…kinda high. Cap is at 8.32B. P/E is 16.93. Dividend yield is at 2%. So we’re looking at like .44/year in dividends which is a good amount of their earnings: 1.30. Analysts are neutral to mixed negative. Why? I suppose this has to do with declining brick and mortar retail. Book value is 3.14 and Price to book at 7.52…kinda high. EPS growth expected at 11.74%. Book grown last 5 is at 17.79. Return on equity is really, really high. That’s because they have all this debt…277%…omg. So…let’s see. Let’s do this by the book. I’d buy if it dips below 20