Hanesbrands (NYSE:HBI) Updates FY 2025 Earnings Guidance

Hanesbrands (NYSE:HBI - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.510-0.550 for the period, compared to the consensus EPS estimate of 0.520. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.6 billion. Hanesbrands also updated its Q1 2025 guidance to 0.020-0.020 EPS.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. UBS Group raised Hanesbrands from a "neutral" rating to a "buy" rating and upped their target price for the stock from $9.00 to $11.00 in a research note on Tuesday, November 26th. Barclays boosted their price target on Hanesbrands from $6.00 to $7.00 and gave the stock an "equal weight" rating in a research report on Monday, November 11th. Finally, Stifel Nicolaus reiterated a "hold" rating and set a $7.00 price target (down from $8.00) on shares of Hanesbrands in a research report on Friday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Hanesbrands currently has an average rating of "Hold" and a consensus price target of $7.10.

Hanesbrands Trading Down 6.0 %

NYSE:HBI traded down $0.38 during trading hours on Monday, hitting $5.88. The company had a trading volume of 12,689,959 shares, compared to its average volume of 4,296,875. The company has a current ratio of 1.49, a quick ratio of 0.90 and a debt-to-equity ratio of 21.50. The company has a 50-day moving average of $8.15 and a 200 day moving average of $7.46. The company has a market cap of $2.07 billion, a P/E ratio of -8.90 and a beta of 1.63. Hanesbrands has a 1 year low of $4.06 and a 1 year high of $9.10.

Hanesbrands (NYSE:HBI - Get Free Report) last issued its earnings results on Thursday, February 13th. The textile maker reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The company had revenue of $888.47 million during the quarter, compared to analysts' expectations of $899.30 million. Hanesbrands had a positive return on equity of 44.72% and a negative net margin of 5.24%. Sell-side analysts expect that Hanesbrands will post 0.39 earnings per share for the current year.

About Hanesbrands

Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.