Hanesbrands (HBI) to Release Earnings on Thursday

Hanesbrands (NYSE:HBI) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $757.42 million for the quarter. Hanesbrands has set its FY 2025 guidance at 0.510-0.550 EPS and its Q1 2025 guidance at 0.020-0.020 EPS.

Hanesbrands (NYSE:HBI) last issued its earnings results on Thursday, February 13th. The textile maker reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The firm had revenue of $888.47 million for the quarter, compared to analyst estimates of $899.30 million. Hanesbrands had a negative net margin of 8.06% and a positive return on equity of 108.01%. On average, analysts expect Hanesbrands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hanesbrands Stock Performance

NYSE HBI opened at $4.81 on Tuesday. Hanesbrands has a fifty-two week low of $4.02 and a fifty-two week high of $9.10. The stock has a market cap of $1.70 billion, a PE ratio of -5.22 and a beta of 1.50. The company has a debt-to-equity ratio of 64.28, a quick ratio of 0.68 and a current ratio of 1.37. The firm’s fifty day moving average price is $5.25 and its two-hundred day moving average price is $6.97.

Insider Buying and Selling

In other news, Director Robert F. Moran purchased 74,850 shares of the stock in a transaction on Tuesday, February 18th. The stock was purchased at an average price of $6.01 per share, for a total transaction of $449,848.50. Following the acquisition, the director now owns 216,373 shares in the company, valued at $1,300,401.73. This trade represents a 52.89 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.46% of the stock is owned by insiders.

Analyst Ratings Changes

HBI has been the subject of a number of recent research reports. Barclays set a $5.00 target price on Hanesbrands and gave the stock a “cautious” rating in a report on Monday, April 28th. UBS Group lifted their target price on shares of Hanesbrands from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Wednesday, April 23rd. 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. Finally, Wells Fargo & Company cut their price target on shares of Hanesbrands from $5.00 to $3.00 and set an “underweight” rating on the stock in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $5.20.

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.