Hanesbrands (NYSE:HBI) Releases FY 2025 Earnings Guidance

Hanesbrands (NYSE:HBI) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.510-0.550 for the period, compared to the consensus 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 Stock Performance

HBI traded down $1.40 during trading on Thursday, reaching $6.27. 30,860,928 shares of the company were exchanged, compared to its average volume of 5,733,473. The stock has a market cap of $2.21 billion, a P/E ratio of -9.49 and a beta of 1.63. The firm has a 50 day moving average of $8.25 and a 200 day moving average of $7.45. The company has a current ratio of 1.49, a quick ratio of 0.90 and a debt-to-equity ratio of 21.50. Hanesbrands has a 52 week low of $4.06 and a 52 week high of $9.10.

Hanesbrands (NYSE:HBI) last announced its quarterly earnings results on Thursday, February 13th. The textile maker reported $0.17 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts forecast that Hanesbrands will post 0.39 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. UBS Group upgraded Hanesbrands from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $9.00 to $11.00 in a research report 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. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $6.90.

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.