Hanesbrands (NYSE:HBI – Get Free Report) updated its FY 2025 earnings guidance on Thursday. 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.
Analysts Set New Price Targets
Several research analysts recently commented on HBI shares. UBS Group upgraded Hanesbrands from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $9.00 to $11.00 in a research note on Tuesday, November 26th. Barclays upped their target price on Hanesbrands from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Monday, November 11th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Hanesbrands has an average rating of “Hold” and an average price target of $6.90.
Check Out Our Latest Stock Analysis on Hanesbrands
Hanesbrands Price Performance
Hanesbrands (NYSE:HBI – Get Free Report) last issued its earnings results on Thursday, February 13th. The textile maker reported $0.17 EPS 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%. Sell-side analysts forecast that Hanesbrands will post 0.39 EPS for the current year.
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.
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