Hanesbrands (NYSE:HBI) Issues FY 2025 Earnings Guidance

Hanesbrands (NYSE:HBI) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.510-0.550 for the period, compared to the consensus EPS 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 17.4 %

NYSE:HBI traded down $1.34 during trading hours on Thursday, hitting $6.34. The company had a trading volume of 24,228,789 shares, compared to its average volume of 5,471,103. Hanesbrands has a 1 year low of $4.06 and a 1 year high of $9.10. The company has a 50-day moving average of $8.25 and a 200 day moving average of $7.45. The company has a market cap of $2.23 billion, a P/E ratio of -9.62 and a beta of 1.63. 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 (NYSE:HBI) last announced its quarterly earnings results on Thursday, February 13th. The textile maker reported $0.17 EPS 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%. Sell-side analysts expect that Hanesbrands will post 0.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. UBS Group raised Hanesbrands from a “neutral” rating to a “buy” rating and upped their price target for the company from $9.00 to $11.00 in a research note on Tuesday, November 26th. Barclays upped their price target on Hanesbrands from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Hanesbrands presently has a consensus rating of “Hold” and an average price target 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.