This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Clothing and Footwear Stocks With Upside

1. Hanesbrands (HBI - Get Report) is a consumer goods company with a portfolio of apparel brands. The company design, manufactures, source and sells a range of apparels. It operates in five segments: innerwear, outerwear, hosiery, direct-to-consumer and international.

Of the 11 analysts covering the stock, 64% recommended a buy and 36% suggest a hold. The stock's average 12-month price target is $34.71, about 45.5% higher than the current price of $177.95, according to data compiled by a Bloomberg.

Hanesbrands reported total sales of $1.23 billion for 2011 third quarter, up 5% from $1.17 billion in the same quarter prior year. Net income rose 48.12% to $90.8 million from $61.3 billion reported last year for the same quarter. Cash and cash equivalents at the end of Oct. 1, 2011 stood at $48 million as compared to $44 million as of Jan. 1, 2011. Operating margin for the quarter came in at 12.4%, the highest since the company's inception in Sept. 2006.

For the fourth quarter, the company expects net sales of $1.2 billion to $1.3 billion, and net sales of $4.7 billion to $4.8 billion for full year 2011. Meanwhile, inventory at the end of 2011 is estimated to be in between $250 and $300 million, higher than year-end 2010 as a result of high inflationary costs. Net capital expenditures for the year 2011 are seen totalling to $90 million, with heavy investments made in the company's infrastructure.

>>To see these stocks in action, visit the 5 Clothing and Footwear Stocks With Upside portfolio on Stockpickr.
6 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TRLG $0.00 0.00%
COH $40.42 -0.71%
HBI $28.37 -1.32%
SHOO $34.69 -0.97%
VFC $64.41 -0.77%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs