As observed over the last 9-day period, Range Resources Corporation (NYSE: RRC) shares have generated an observed Historic Volatility of 44.98%. That figure, when expanded to look at the past 100 days, RRC goes up to 52.09%. In the last 5 days, this stock’s average daily volume is shown as 7,919,140 shares per day, which is higher than the average of 7,313,750 shares per day as measured over the last 100 days. Moving on to look at the price, the movement in the past 5 days was +0.81, while this stock’s price moved -24.74% lower in the past 100 days.
Looking at a stock’s price at any given moment in relation to its 52-week price range is a frequently-used technique for evaluating the strength of an investment. This publicly-traded company’s latest fall happened on a trading day that produced a considerably lower volume than the 8.03M shares that, on average, have been generated in the past three months. On January 11th, 2019, volume rose to about 5,346,887 transactions. During the trading period, the first transaction completed was recorded at $11.50 per share, which has gone up by 0.52% by closing bell when the final transaction of the day was recorded at 11.28. At the moment, this stock’s 52-week high is $18.59 and its 52-week low is $9.22.
Glancing back a full year, this publicly-traded organization was able to exhibit a trailing 12-month revenue that was 3.02B. Bearing that in mind, this company is experiencing top-line progress, as its year-over-year quarterly revenue has grown by 48.20%. This company’s current market capitalization is 2.85B.
Is Hanesbrands Inc. showing signs that it’s a solid investment opportunity? Let’s take into consideration what some expert Wall Street analysts are saying. For shares of Hanesbrands Inc. (NYSE: HBI), there are currently ratings available from 11 different stock market analysts who have all given their professional opinions. On average, these analysts currently have a Moderate Buy recommendation with a mean rating of 3.55. This is in comparison to the average recommendation from a month ago, which was a Moderate Buy with an average rating of 3.67. Similarly, the average rating observed 2 months ago was a Moderate Buy with the mean numerical rating of 3.67, and the average rating observed 3 months ago was a Moderate Buy with a mean numerical rating of 3.67.
How are Wall Street analysts characterizing this company’s financial performance as it relates to money earned? Looking toward its overall profits, Hanesbrands Inc. reported earnings of 0.55 for the quarter ending Sep-18. This compares to the average analyst prediction of 0.55, representing a difference of 0, and therefore a surprise factor of 0.02. For the financial results of the preceding quarter, the company posted earnings of 0.45, in comparison to the average analyst forecast of 0.46 – representing a difference of -0.01 and a surprise factor of 1.42.
Carrying on in the same vein of this stock’s latest price performance, Hanesbrands Inc. currently stands at a total market value of 4.91B – made up of $358.63M shares outstanding. Turning to other widely-considered trading data, this company’s half yearly performance is observed to be negative at -36.75%. The Average True Range for this company’s stock is currently 0.59, and its current Beta is sitting at 0.73.
Let’s now center our attention on the near future: this organization’s upcoming financial results from the current quarter. So far – there have been 6 different Wall Street analysts that have provided investors with their professional projections for Hanesbrands Inc. For net profit, these analysts are collectively forecasting an average estimate of $0.47 per share, versus the $0.52 per share reported in the year-ago quarter. The lowest earnings per share prediction was $0.28 per share, with the highest forecast pointing toward $0.28 per share. Compared to the year-ago period, experts are projecting a growth rate of -9.62%.