Hanesbrands (NYSE:HBI) Issues Q1 2025 Earnings Guidance

Hanesbrands (NYSE:HBI - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.020-0.020 for the period, compared to the consensus EPS estimate of 0.030. The company issued revenue guidance of $750.0 million-$750.0 million, compared to the consensus revenue estimate of $785.3 million. Hanesbrands also updated its FY 2025 guidance to 0.510-0.550 EPS.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Barclays increased their target price on Hanesbrands from $6.00 to $7.00 and gave the stock an "equal weight" rating in a research note on Monday, November 11th. UBS Group raised Hanesbrands from a "neutral" rating to a "buy" rating and increased their target price for the stock from $9.00 to $11.00 in a research note on Tuesday, November 26th. Finally, Stifel Nicolaus reaffirmed a "hold" rating and issued a $7.00 price target (down previously from $8.00) on shares of Hanesbrands in a research report on Friday. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $7.10.

Hanesbrands Stock Down 6.0 %

HBI stock traded down $0.38 during mid-day trading on Monday, reaching $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 debt-to-equity ratio of 21.50, a quick ratio of 0.90 and a current ratio of 1.49. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of -8.90 and a beta of 1.63. The firm has a fifty day simple moving average of $8.15 and a 200 day simple moving average of $7.46. Hanesbrands has a fifty-two week low of $4.06 and a fifty-two week high of $9.10.

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