Hanesbrands (NYSE:HBI - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, August 7th. Analysts expect Hanesbrands to post earnings of $0.18 per share and revenue of $971.93 million for the quarter. Hanesbrands has set its FY 2025 guidance at 0.510-0.550 EPS and its Q2 2025 guidance at 0.180-0.180 EPS.
Hanesbrands (NYSE:HBI - Get Free Report) last posted its earnings results on Thursday, May 8th. The textile maker reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. Hanesbrands had a negative net margin of 8.12% and a positive return on equity of 262.15%. The firm had revenue of $760.15 million during the quarter, compared to analysts' expectations of $757.42 million. During the same period last year, the company posted ($0.02) EPS. The company's quarterly revenue was up 2.1% compared to the same quarter last year. On average, analysts expect Hanesbrands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Hanesbrands Trading Up 2.6%
Shares of NYSE:HBI traded up $0.11 on Monday, hitting $4.18. The company had a trading volume of 1,946,899 shares, compared to its average volume of 6,265,864. The company has a quick ratio of 0.67, a current ratio of 1.55 and a debt-to-equity ratio of 53.45. The firm's 50-day simple moving average is $4.64 and its two-hundred day simple moving average is $5.47. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of -4.97 and a beta of 1.40. Hanesbrands has a 1 year low of $3.96 and a 1 year high of $9.10.
Hedge Funds Weigh In On Hanesbrands
Several large investors have recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in shares of Hanesbrands in the first quarter worth $38,000. United Services Automobile Association purchased a new position in shares of Hanesbrands in the first quarter worth $132,000. NewEdge Advisors LLC lifted its holdings in shares of Hanesbrands by 6.2% in the first quarter. NewEdge Advisors LLC now owns 49,719 shares of the textile maker's stock worth $287,000 after buying an additional 2,913 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Hanesbrands by 27.1% in the first quarter. Empowered Funds LLC now owns 73,867 shares of the textile maker's stock worth $426,000 after buying an additional 15,744 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Hanesbrands by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,256 shares of the textile maker's stock worth $1,213,000 after purchasing an additional 9,147 shares during the last quarter. Hedge funds and other institutional investors own 80.31% of the company's stock.
Analyst Ratings Changes
HBI has been the subject of several research reports. Barclays set a $6.00 price target on shares of Hanesbrands and gave the stock an "equal weight" rating in a research note on Tuesday, May 20th. UBS Group lifted their price target on shares of Hanesbrands from $7.00 to $8.00 and gave the stock a "buy" rating in a research note on Wednesday, April 23rd. Wells Fargo & Company lifted their price target on shares of Hanesbrands from $3.00 to $4.00 and gave the stock an "underweight" rating in a research note on Wednesday, May 14th. Wall Street Zen lowered shares of Hanesbrands from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Stifel Nicolaus reduced their price target on shares of Hanesbrands from $7.00 to $5.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $5.75.
Check Out Our Latest Analysis on Hanesbrands
Hanesbrands Company Profile
(
Get Free Report)
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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