Hanesbrands (NYSE:HBI – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.020-0.020 for the period, compared to the consensus 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.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on HBI. Barclays lifted their price objective on Hanesbrands from $6.00 to $7.00 and gave the company an “equal weight” rating in a report on Monday, November 11th. UBS Group raised Hanesbrands from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $9.00 to $11.00 in a report on Tuesday, November 26th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $6.90.
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Hanesbrands Price Performance
Hanesbrands (NYSE:HBI – Get Free Report) last posted its 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 negative net margin of 5.24% and a positive return on equity of 44.72%. As a group, equities analysts predict 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.
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