Jrussell86

Buying Opportunity On Watch

Long
NYSE:HBI   Hanesbrands Inc.
To see full idea from ST follow me on Tradingview...HBI is undervalued and has been a 5* Stock on MorningStar for some time now, well below their 5* price of 19.25.

3.65 % div yield; and 61% undervalued using DYT; 38.6% margin of safety using DCF.

PE is 11.02, 52% less than industry and 80% less than 5 year PE.

HBI has been in downtrend since 2015, but has already bounced off 10 yr demand line once. While revenue and profits have increased YoY so has debt which is holding it down. Keep an eye on that- as soon as it starts to stabilize/ decrease the SP will go up.

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