Hanesbrands (NYSE:HBI) Issues FY 2025 Earnings Guidance

Hanesbrands (NYSE:HBI) issued an update on its FY 2025 earnings guidance on Thursday morning. 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.

Hanesbrands Trading Down 6.0 %

Shares of HBI stock opened at $5.88 on Friday. The company has a debt-to-equity ratio of 21.50, a quick ratio of 0.90 and a current ratio of 1.49. Hanesbrands has a fifty-two week low of $4.06 and a fifty-two week high of $9.10. The company has a 50 day moving average price of $8.15 and a 200 day moving average price of $7.44.

Hanesbrands (NYSE:HBI) last posted its quarterly earnings results on Thursday, February 13th. The textile maker reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. Hanesbrands had a negative net margin of 5.24% and a positive return on equity of 44.72%. Sell-side analysts forecast that Hanesbrands will post 0.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

HBI has been the subject of several analyst reports. Stifel Nicolaus reiterated a “hold” rating and set a $7.00 price target (down previously from $8.00) on shares of Hanesbrands in a report on Friday. Barclays boosted their price objective on shares of Hanesbrands from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. Finally, UBS Group upgraded shares of Hanesbrands from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $9.00 to $11.00 in a research report on Tuesday, November 26th. 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, the company has an average rating of “Hold” and an average target price of $7.10.

Hanesbrands Company Profile

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.