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Tag: HBI

  • Early Morning Vibes: 4 Hot Stocks You Might Consider For Thursday

    Early Morning Vibes: 4 Hot Stocks You Might Consider For Thursday

    The American stock markets plummeted again yesterday. The S&P 500 fell 1.31% and the Nasdaq even lost 2.70% and closed at 12,997 points.  On balance, it is not too bad, because the Nasdaq is still stabilizing just above the support zone at 12,985 points. However, it is increasingly likely that this support will break. A small head & shoulder pattern appears to have formed on the graph. If the neckline / support line is broken, we get a technical price target of approximately 12,000 points. So there seems to be even more decline in the pipeline.

    Just like the past few weeks, tech was again the most bitten dog. The turmoil in the bond markets continues to affect the equity market. The fee on 10-year US Treasury notes increased 6 basis points to 1.46%. Because technology stocks are relatively expensive, they are particularly affected. A higher interest rate usually results in lower profit expectations. Individual losses rose sharply. Amazon lost more than 3%, Netflix fell by more than 5% and Baidu even saw 9.23% of stock market value evaporate. Remarkably, there was still room for speculation; GameStop was raised 5% and Uber was also up 2.67%.

    Investors were also not satisfied with the job report that pay slip processor ADP published. The figures showed that only 117,000 new jobs were created in the month of February. Analysts had anticipated an increase of 175,000 jobs. This may indicate that the recovery of the US labor market is slower than expected. On Friday, the US government will release the official figures.

    Today Top Movers

    Allied Esports Entertainment Inc. (AESE) stock soared 44.0% to $3.6 in the pre-market trading.

    Lipocine Inc. (NASDAQ: LPCN) shares are trading up 25.87% at $1.8 at the time of writing. The company will present clinical data for lead candidate TLANDO™ at the ENDO 2021 Conference.

    Super League Gaming Inc. (SLGG) grew over 26.49% at $6.59 in pre-market trading today.

    Severn Bancorp Inc. (SVBI), a savings and loan holding company, rose about 21.84% at $10.21 in pre-market trading Thursday.

    Top Upgrades & Downgrades

    Jefferies turned bullish on Cummins Inc. (CMI), upgrading the stock to “Buy” and assigning a $325.0 price target, representing a potential upside of 24.07% from Wednesday’s close. 

    SITE Centers Corp. (SITC) has won the favor of KeyBanc’s equity research team. The firm upgraded the shares from Sector Weight to Overweight and moved their price target to $15.0, suggesting 16.32% additional upside for the stock. 

    Kite Realty Group Trust (KRG) received an upgrade from analysts at KeyBanc, who also set their one-year price target on the stock to $22.0. They changed their rating on KRG to Overweight from Sector Weight in a recently issued research note.

    Earlier Thursday HC Wainwright & Co. reduced its rating on KemPharm Inc. (KMPH) stock to Neutral from Buy and assigned the price target to $12.0.

    Barclays analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Banco Bilbao Vizcaya Argentaria S.A. (BBVA) has been changed to Equal-Weight from Overweight. 

    Analysts at KeyBanc downgraded Retail Properties of America Inc. (RPAI)’s stock to Sector Weight from Overweight Thursday.

    Latest Insider Activity

    Palantir Technologies Inc. (PLTR) Director Moore Alexander D. announced the sale of shares taking place on Mar 01 at $24.97 for some 12,000 shares. The total came to more than $0.3 million. 

    Tesla Inc. (TSLA) SVP Powertrain and Energy Eng. Baglino Andrew D sold on Mar 01 a total of 18,726 shares at $690.11 on average. The insider’s sale generated proceeds of almost $1.04 million. 

    Lowe’s Companies Inc. (LOW) Director BATCHELDER DAVID H declared the purchase of shares taking place on Feb 26 at $159.48 for some 6,250 shares. The transaction amount was around $1.0 million. 

    Hanesbrands Inc. (HBI) Group Pres., Global Innerwear Cavaliere Joseph W bought on Mar 01 a total of 64,209 shares at $17.98 on average. The purchase cost the insider an estimated $299,367.

    Important Earnings

    Top US earnings releases scheduled for today include SmileDirectClub Inc. (NASDAQ: SDC). It will announce its Dec 2020 financial results. The company is expected to report earnings of -$0.1 per share from revenues of $181.1M in the three-month period. 

    Analysts expect Opendoor Technologies Inc. (NASDAQ: OPEN) to report a net income (adjusted) of -$0.1 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $243.94M. 

    The Gap, Inc. (GPS), due to announce earnings after the market closes today, is expected to report earnings of $0.18 per share from revenues of $4.66B recently concluded three-month period.

  • 10 Apparel Manufacturing Industry Stocks That Can Be Worth Buying

    10 Apparel Manufacturing Industry Stocks That Can Be Worth Buying

    The global Apparel Manufacturing industry has experienced a major shock because of the COVID-19 pandemic. Its demand dependent highly on the disposable income of buyers as well as economic stability. But the pandemic has impacted the economic stability of countries as well as the disposable income of shoppers. From the past few decades, this industry is striving to provide a frictionless experience to the customers by offering them more garments at lower prices.

    This industry is anticipated to decrease from $1028.2 billion in 2019 to $1010.7 billion in 2020 because of the shutdown order of the economy due to the COVID-19 outbreak. But now the industry is moving toward a period of growth. The apparel manufacturing industry is competing on both prices and fashion. Fashion evolves constantly and to keep pace with fast-growing markets and to meet customer needs it’s important for this industry to keep an eye on new trends.

    Let take a look at these 10 companies in the Apparel manufacturing industry to chose the company of your choice:

    Naked Brand Group Limited (NASDAQ: NAKD)

    Naked Brand Group Limited (NASDAQ: NAKD) shares were trading up 29.58% at $0.09 at the time of writing on Tuesday. Naked Brand Group Limited (NASDAQ: NAKD) share price went from a low point around $0.07 to briefly over $4.80 in the past 52 weeks, though shares have since pulled back to $0.09. NAKD market cap has remained high, hitting $9.69M at the time of writing, giving it a price-to-sales ratio of more than 0.

    Naked Brand Group Limited (NAKD) has announced that it has received a letter from the Listing Qualifications Department of The Nasdaq Capital Market informing the Company that it has regained compliance with minimum stockholder’s equity requirement for continued listing on Nasdaq.

    Under Armour Inc. (NYSE: UAA)

    Under Armour Inc. (NYSE: UAA) last closed at $13.67, in a 52-week range of $7.15 to $21.96. It has traded up 91.19% from its 52-weeks low and moved down -37.75% from its 52-weeks low. Analysts have a consensus price target of $10.50. Under Armour Inc. (UAA) is scheduled to release its third-quarter 2020 financial results on October 30, 2020.

    Under Armour Inc. (NYSE: UA)

    Under Armour Inc. (NYSE: UA) shares headed falling, lower as much as -2.45%. The most recent rating by Instinet, on February 27, 2017, is at a Reduce. Under Armour Inc. (UA)  has decided to announce its third-quarter 2020 financial results on October 30, 2020.

    Hanesbrands Inc. (NYSE: HBI)

    Hanesbrands Inc. (NYSE: HBI) rose 0.17% after gaining more than $0.03 on Tuesday. Hanesbrands Inc. (HBI) has earlier declared a regular Quarterly Cash Dividend. It has announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share to be paid Dec. 1, 2020, to stockholders of record at the close of business Nov. 10, 2020.

    Levi Strauss & Co. (NYSE: LEVI)

    Levi Strauss & Co. (NYSE: LEVI) rose 1.54% after gaining more than $0.25 on Tuesday. Levi Strauss & Co. Announces Senior Leadership Changes to Elevate Levi’s® Brand, Unlock Commercial Potential Through Continued Diversification and Accelerate Digital Transformation.

    Capri Holdings Limited (NYSE: CPRI)

    Capri Holdings Limited (NYSE: CPRI) last closed at $22.62, in a 52-week range of $5.42 to $39.90. Analysts have a consensus price target of $20.64. Capri Holdings Limited (CPRI) has decided to share its second-quarter fiscal year 2021 financial results on November 5, 2020. The company also announced that it will organize the conference call on the same day to discuss the results.

    V.F. Corporation (NYSE: VFC)

    V.F. Corporation (NYSE: VFC) stock drop by -1.86% to $72.38. The most recent rating by BofA Securities, on October 19, 2020, is at an Underperform. V.F. Corporation (VFC) earlier revealed that it has been recognized as one of America’s Most JUST Companies for its commitment to serving its workers, customers, communities, the environment, and shareholders.

    Ralph Lauren Corporation (NYSE: RL)

    Ralph Lauren Corporation (NYSE: RL) shares headed falling, lower as much as -3.03%. The most recent rating by Telsey Advisory Group, on October 26, 2020, is at an Outperform. Ralph Lauren Corporation (RL) and Parity.org, along with PVH Corp., Lacoste, Tiffany & Co., and Movado Group Inc., earlier revealed a new roadmap for the fashion industry to make measurable progress in achieving gender parity.

    Kontoor Brands Inc. (NYSE: KTB)

    Kontoor Brands Inc. (NYSE: KTB) last closed at $32.54, in a 52-week range of $12.90 to $43.24. Analysts have a consensus price target of $23.10. Kontoor Brands Inc. (KTB) is scheduled to share its third-quarter 2020 financial results on Thursday, October 29, 2020, at approximately 6:50 a.m. ET.

    Ever-Glory International Group Inc. (NASDAQ: EVK)

    Ever-Glory International Group Inc. (NASDAQ: EVK) stock soar by 5.61% to $3.01. Ever-Glory International Group Inc. (EVK) share price went from a low point around $0.61 to briefly over $6.76 in the past 52 weeks. It has traded up 396.04% from its 52-weeks low and -55.47% from its 52-weeks high. EVK  market cap has remained high, hitting $42.29 Million at the time of writing.

  • 20 Trending Stocks In Apparel Manufacturing Industry To Watch In 2020

    20 Trending Stocks In Apparel Manufacturing Industry To Watch In 2020

    The global apparel manufacturing industry continues to grow in the coming years as new trends are emerging in the market. Apparel Manufacturers can compete on both price and fashion. Those companies which have a competitive edge are those that can successfully fulfill the needs of their customers. Fashion evolves constantly and the same is the case with the apparel industry. This industry is also changing with the emergence of new apparel manufacturing technology.

    Advancements in apparel manufacturing technology enable manufacturers to meet the needs of their clients. COVID-19 pandemic has badly impacted this industry. The world is going through a tough time. The growth of the apparel manufacturing industry is dependent on the demands of customers and the demands are related to disposable income. and the well-being of the economy. But the pandemic has affected the economy of every country all around the world.

    Check out these leading companies in the apparel manufacturing industry to see how they are following new trends to cater to the needs of their customers:

    Naked Brand Group Limited (NASDAQ: NAKD)

    Naked Brand Group Limited (NASDAQ: NAKD) shares were trading down -8.92% at $0.12 at the time of writing on Tuesday. Naked Brand Group Limited (NASDAQ: NAKD) share price went from a low point around $0.10 to briefly over $4.80 in the past 52 weeks, though shares have since pulled back to $0.12.

    Naked Brand Group Limited (NAKD) has disclosed that it has got a letter from the Listing Qualifications Department of The Nasdaq Capital Market informing the Company that it has regained compliance with minimum stockholder’s equity requirement for continued listing on Nasdaq. NAKD market cap has remained high, hitting $11.84M at the time of writing, giving it a price-to-sales ratio of more than 0.

    Hanesbrands Inc. (NYSE: HBI)

    Hanesbrands Inc. (NYSE: HBI) stock drop by -1.45% to $17.02 after College Students Explore the Final Steps of Making a T-shirt Responsibly in Episode 6 of “Crop to Campus” Minidocumentary. The most recent rating by Barclays, on July 31, 2020, is at an Overweight. Hanesbrands Inc. (HBI) has moved up 144.54% from its 52-weeks low and moved down -1.79% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 2.00. It has a total market capitalization of $5.84 billion at the time of writing.

    Levi Strauss & Co. (NYSE: LEVI)

    Levi Strauss & Co. (NYSE: LEVI) last closed at $15.64, in a 52-week range of $9.09 to $20.70. Analysts have a consensus price target of $18.70. Levi Strauss & Co. (LEVI) has disclosed that it is planning to expand its retail footprint and forecast a smaller-than-expected decline in current-quarter revenue after surging online sales helped the denim maker post a surprise profit. This company market cap has remained high, hitting $6.35 billion at the time of writing.

    PVH Corp. (NYSE: PVH)

    PVH Corp. (NYSE: PVH) shares headed falling, lower as much as -4.65%. The most recent rating by Barclays, on October 07, 2020, is at an Underweight. PVH Europe, the global headquarters of Tommy Hilfiger and the European offices of Calvin Klein, both owned by PVH Corp., revealed the installation of what is believed to be the world’s most powerful currently operational solar roof at its state-of-the-art Warehouse and Logistics Center in Venlo, the Netherlands.

    Canada Goose Holdings Inc. (NYSE: GOOS)

    Canada Goose Holdings Inc. (NYSE: GOOS) last closed at $34.55, in a 52-week range of $12.94 to $45.09. Analysts have a consensus price target of $32.90. Canada Goose Holdings Inc. (GOOS) and actor, producer, and entrepreneur, Ryan Reynolds revealed the donation of more than 300 Canada Goose parkas and Baffin footwear to outfit the students of Inuujaq School in Arctic Bay, Nunavut.

    Kontoor Brands Inc. (NYSE: KTB)

    Kontoor Brands Inc. (NYSE: KTB) shares headed rising, higher as much as 1.28%. The most recent rating by Barclays, on October 07, 2020, is at an Overweight. Kontoor Brands Inc. (KTB) earlier announced that the company is planning to release the third quarter 2020 financial results on Thursday, October 29, 2020. It has moved up 114.34% from its 52-weeks low and moved down -36.02% from its 52-weeks high. Under Armour has a total market capitalization of $1.55 billion at the time of writing.

    Under Armour Inc. (NYSE: UAA)

    Under Armour Inc. (NYSE: UAA) last closed at $12.82, in a 52-week range of $7.15 to $21.96. Analysts have a consensus price target of $10.43. Under Armour Inc. (UAA) has moved up 79.30% from its 52-weeks low and moved down -41.62% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.90. Under Armour has a total market capitalization of $5.46 billion at the time of writing.

    Iconix Brand Group Inc. (NASDAQ: ICON)

    Iconix Brand Group Inc. (NASDAQ: ICON) stock drop by -23.30% to $0.79. The most recent rating by ROTH Capital, on October 31, 2017, is at a Neutral. Iconix Brand Group Inc. (ICON) share has fluctuated between the 52-weeks low range of $0.51 and a high range of $2.75. It has moved up 55.76% from its 52-weeks low and moved down -71.27% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.10. Under Armour has a total market capitalization of $9.46 million at the time of writing.

    Capri Holdings Limited (NYSE: CPRI)

    Capri Holdings Limited (NYSE: CPRI) shares headed falling, lower as much as -4.71%. The most recent rating by Morgan Stanley, on September 21, 2020, is at an Overweight. Capri Holdings Limited (CPRI) share price went from a low point around $5.42 to briefly over $39.90 in the past 52 weeks, though shares have since pulled back to $20.62. It has traded up 280.44% from its 52-weeks low and moved down -48.32% from its 52-weeks high.

    Under Armour Inc. (NYSE: UA)

    Under Armour Inc. (NYSE: UA) rose 0.45% after gaining more than $0.05 on Tuesday. Under Armour Inc. share has fluctuated between the 52-weeks low range of $6.37 and a high range of $19.65. It has moved up 74.41% from its 52-weeks low and moved down -43.46% from its 52-weeks high. Under Armour has a total market capitalization of $5.02 billion at the time of writing.

    V.F. Corporation (NYSE: VFC)

    V.F. Corporation (NYSE: VFC) fall -1.35% after losing more than -$1.05 on Tuesday. V.F. Corporation (VFC) share price went from a low point around $45.07 to briefly over $100.25 in the past 52 weeks, though shares have since pulled back to $76.82. It has traded up 70.45% from its 52-weeks low and moved down -23.37% from its 52-weeks high.

    Ralph Lauren Corporation (NYSE: RL)

    Ralph Lauren Corporation (NYSE: RL) stock drop by -1.89% to $72.25. The most recent rating by Barclays, on October 07, 2020, is at an Equal-weight. Ralph Lauren Corporation (RL) share has fluctuated between the 52-weeks low range of $59.82 and a high range of $128.29. It has moved up 20.78% from its 52-weeks low and moved down -43.68% from its 52-weeks high. Under Armour has a total market capitalization of $5.31 billion at the time of writing.

    Gildan Activewear Inc. (NYSE: GIL)

    Gildan Activewear Inc. (NYSE: GIL) fall -0.04% after losing more than -$0.01 on Tuesday. Gildan Activewear Inc. (GIL) share price went from a low point around $9.42 to briefly over $35.59 in the past 52 weeks, though shares have since pulled back to $22.64. It has traded up 140.34% from its 52-weeks low and moved down -36.39% from its 52-weeks high.

    Xcel Brands Inc. (NASDAQ: XELB)

    Xcel Brands Inc. (NASDAQ: XELB) last closed at $0.78, in a 52-week range of $0.40 to $1.94. Xcel Brands Inc. share has fluctuated between the 52-weeks low range of $0.40 and a high range of $1.94. It has moved up 95.72% from its 52-weeks low and moved down -59.64% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.80. XELB has a total market capitalization of $14.69 million at the time of writing.

    Lakeland Industries Inc. (NASDAQ: LAKE)

    Lakeland Industries Inc. (NASDAQ: LAKE) stock soar by 0.04% to $23.93. The most recent rating by The Benchmark Company, on June 09, 2020, is at a Buy. Lakeland Industries Inc. (LAKE) share price went from a low point around $9.97 to briefly over $28.00 in the past 52 weeks, though shares have since pulled back to $23.93. It has traded up 140.06% from its 52-weeks low and moved down -14.54% from its 52-weeks high.

    Columbia Sportswear Company (NASDAQ: COLM)

    Columbia Sportswear Company (NASDAQ: COLM) shares headed falling, lower as much as -0.63%. The most recent rating by UBS, on October 12, 2020, is at a Neutral. Columbia Sportswear Company (COLM) has moved up 79.45% from its 52-weeks low and moved down -9.61% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 3.00. COLM has a total market capitalization of $6.06 billion at the time of writing.

    KBS Fashion Group Limited (NASDAQ: KBSF)

    KBS Fashion Group Limited (NASDAQ: KBSF) fall -1.82% after losing more than -$0.04 on Tuesday. KBS Fashion Group Limited (KBSF) share price went from a low point around $0.95 to briefly over $4.45 in the past 52 weeks, though shares have since pulled back to $2.16. It has traded up 127.37% from its 52-weeks low and moved down -51.46% from its 52-weeks high.

    Sequential Brands Group Inc. (NASDAQ: SQBG)

    Sequential Brands Group Inc. (NASDAQ: SQBG) last closed at $5.12, in a 52-week range of $4.11 to $24.80. Sequential Brands Group Inc. (SQBG) has moved up 24.51% from its 52-weeks low and moved down -79.35% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.50. SQBG has a total market capitalization of $8.35 Million at the time of writing.

    Delta Apparel Inc. (AMEX: DLA)

    Delta Apparel Inc. (AMEX: DLA) stock soar by 7.00% to $17.74. The most recent rating by ROTH Capital, on August 01, 2019, is at a Buy. Delta Apparel Inc. (DLA) share price went from a low point around $7.53 to briefly over $31.71 in the past 52 weeks, though shares have since pulled back to $17.74. It has traded up 135.53% from its 52-weeks low and moved down -44.06% from its 52-weeks high.

    Oxford Industries Inc. (NYSE: OXM)

    Oxford Industries Inc. (NYSE: OXM) shares headed falling, lower as much as -1.23%. The most recent rating by Telsey Advisory Group, on September 04, 2020, is at a Market perform.