Hanesbrands (NYSE:HBI) Releases FY 2025 Earnings Guidance

Hanesbrands (NYSE:HBI) updated its FY 2025 earnings guidance on Thursday. 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.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Stifel Nicolaus reiterated 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. Barclays upped 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 upped 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 company. According to data from MarketBeat.com, Hanesbrands has an average rating of “Hold” and a consensus price target of $7.10.

Hanesbrands Stock Down 6.0 %

NYSE:HBI opened at $5.88 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.49 and a debt-to-equity ratio of 21.50. Hanesbrands has a fifty-two week low of $4.06 and a fifty-two week high of $9.10. The firm’s fifty day simple moving average is $8.15 and its 200-day simple moving average is $7.44.

Hanesbrands (NYSE:HBI) last posted its quarterly earnings results on Thursday, February 13th. The textile maker reported $0.17 earnings per share for the quarter, topping 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%. Sell-side 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.