Hanesbrands (HBI) Jumps: Stock Rises 9.2% - Tale of the Tape

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Hanesbrands Inc. ( HBI ) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $83.78 to $88.54 in the past one-month time frame.

The company has seen one positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading ahead for Hanesbrands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Hanesbrands currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Investors interested in the retail apparel industry may consider stocks like Vince Holding Corp ( VNCE ), Columbia Sportswear Company ( COLM ) and Michael Kors Holdings Limited ( KORS ). While Vince Holding sports a Zacks Rank #1 (Strong Buy), Columbia Sportswear and Michael Kors have the same Zacks Rank as Hanesbrands.

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

HANESBRANDS INC (HBI): Free Stock Analysis Report

VINCE HOLDNG CP (VNCE): Free Stock Analysis Report

COLUMBIA SPORTS (COLM): Free Stock Analysis Report

MICHAEL KORS (KORS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: HBI , VNCE , COLM , KORS

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As of 7/25/2014, 04:03 PM