This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Clothing and Footwear Stocks With Upside

Stocks in this article: VFC TRLG COH SHOO HBI

1. Hanesbrands (HBI) 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

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,948.34 +143.54 0.81%
S&P 500 2,076.45 +5.80 0.28%
NASDAQ 4,777.9080 +12.5280 0.26%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs