Hanesbrands (NYSE:HBI) Releases 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 (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.

Hanesbrands Stock Down 17.4 %

NYSE HBI traded down $1.34 during trading hours on Thursday, hitting $6.34. 24,228,789 shares of the company were exchanged, compared to its average volume of 5,471,103. The company has a 50 day moving average of $8.25 and a two-hundred day moving average of $7.45. 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 52-week low of $4.06 and a 52-week high of $9.10. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of -9.62 and a beta of 1.63.

Hanesbrands (NYSE:HBI) last issued its quarterly earnings results on Thursday, February 13th. The textile maker reported $0.17 earnings per share for the quarter, topping 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%. Equities research analysts anticipate that Hanesbrands will post 0.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HBI. UBS Group upgraded Hanesbrands from a “neutral” rating to a “buy” rating and increased their price objective for the company from $9.00 to $11.00 in a report on Tuesday, November 26th. Barclays increased 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. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average 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.