Hanesbrands (NYSE:HBI) Issues FY 2025 Earnings Guidance

Key Points

• Hanesbrands provided a strong FY 2025 earnings guidance of $0.660 per share, outpacing the consensus estimate of $0.542.
• The company also set revenue guidance of $3.5 billion, which aligns with analysts' expectations.
• Brokerages have mixed views on the stock, with UBS raising its target price to $8.00 but Stifel Nicolaus lowering it to $5.00, contributing to a consensus target price of $5.75.

Hanesbrands (NYSE:HBI - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.660-0.660 for the period, compared to the consensus earnings per share estimate of 0.542. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion. Hanesbrands also updated its Q3 2025 guidance to 0.160-0.160 EPS.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HBI. UBS Group boosted their target price on Hanesbrands from $7.00 to $8.00 and gave the stock a "buy" rating in a report on Wednesday, April 23rd. Wall Street Zen downgraded shares of Hanesbrands from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Stifel Nicolaus decreased their price target on shares of Hanesbrands from $7.00 to $5.00 and set a "hold" rating for the company in a research report on Thursday, April 10th. Barclays set a $6.00 price objective on Hanesbrands and gave the stock an "equal weight" rating in a research note on Tuesday, May 20th. Finally, Wells Fargo & Company raised their target price on Hanesbrands from $3.00 to $4.00 and gave the company an "underweight" rating in a report on Wednesday, May 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $5.75.

Hanesbrands Price Performance

Shares of NYSE:HBI opened at $4.17 on Thursday. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of -4.96 and a beta of 1.40. The company has a debt-to-equity ratio of 53.45, a current ratio of 1.55 and a quick ratio of 0.67. Hanesbrands has a 12 month low of $3.96 and a 12 month high of $9.10. The stock's 50 day moving average price is $4.59 and its 200 day moving average price is $5.42.

Hanesbrands (NYSE:HBI - Get Free Report) last released its earnings results on Thursday, May 8th. The textile maker reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.04. Hanesbrands had a positive return on equity of 262.15% and a negative net margin of 8.12%. The firm had revenue of $760.15 million for the quarter, compared to analyst estimates of $757.42 million. During the same period in the previous year, the company earned ($0.02) earnings per share. Hanesbrands's revenue was up 2.1% compared to the same quarter last year. Equities research analysts anticipate that Hanesbrands will post 0.53 earnings per share for the current fiscal year.

Institutional Trading of Hanesbrands

Hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC raised its holdings in shares of Hanesbrands by 6.2% during the first quarter. NewEdge Advisors LLC now owns 49,719 shares of the textile maker's stock worth $287,000 after acquiring an additional 2,913 shares in the last quarter. Strs Ohio acquired a new stake in shares of Hanesbrands during the 1st quarter valued at about $38,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Hanesbrands by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,256 shares of the textile maker's stock valued at $1,213,000 after buying an additional 9,147 shares in the last quarter. Empowered Funds LLC increased its holdings in 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 during the last quarter. Finally, United Services Automobile Association bought a new position in Hanesbrands during the first quarter valued at approximately $132,000. Hedge funds and other institutional investors own 80.31% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.