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.
Analysts Set New Price Targets
HBI has been the subject of several research reports. UBS Group upgraded Hanesbrands from a “neutral” rating to a “buy” rating and lifted their price target for the company from $9.00 to $11.00 in a report on Tuesday, November 26th. Barclays boosted their price objective 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 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 stock currently has an average rating of “Hold” and a consensus target price of $6.90.
Check Out Our Latest Stock Analysis on Hanesbrands
Hanesbrands Stock Performance
Hanesbrands (NYSE:HBI – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The textile maker reported $0.17 earnings per share for the quarter, beating 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%. On average, equities analysts predict that Hanesbrands will post 0.39 EPS for the current fiscal year.
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.
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