Hanesbrands (NYSE:HBI) Updates 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 guidance of 0.510-0.550 for the period, compared to the consensus earnings per share 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 18.2 %

NYSE:HBI traded down $1.40 during mid-day trading on Thursday, reaching $6.27. The company’s stock had a trading volume of 30,860,928 shares, 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. Hanesbrands has a twelve month low of $4.06 and a twelve month high of $9.10. The company has a debt-to-equity ratio of 21.50, a current ratio of 1.49 and a quick ratio of 0.90. The company’s fifty day simple moving average is $8.25 and its two-hundred day simple moving average is $7.45.

Hanesbrands (NYSE:HBI) last released 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 positive return on equity of 44.72% and a negative net margin of 5.24%. On average, equities analysts predict that Hanesbrands will post 0.39 EPS for the current year.

Analysts Set New Price Targets

HBI has been the topic of several research analyst reports. Barclays lifted their price objective on Hanesbrands from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note 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 research note on Tuesday, November 26th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Hanesbrands currently has an average rating of “Hold” and a consensus price target of $6.90.

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.