Gildan Activewear, Inc. (NYSE:GIL) Stock Has Consensus Target Price of $73.58

Gildan Activewear, Inc. (NYSE:GIL - Get Free Report) TSE: GIL has been given a consensus recommendation of "Moderate Buy" by the fifteen ratings firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $73.58.

Several research analysts have commented on GIL shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Gildan Activewear in a report on Thursday, August 13th. Scotiabank restated a "sector outperform" rating and issued a $67.00 price objective (up from $65.00) on shares of Gildan Activewear in a report on Friday, July 31st. UBS Group reduced their price objective on shares of Gildan Activewear from $111.00 to $71.00 and set a "buy" rating on the stock in a report on Thursday, October 15th. TD decreased their price objective on shares of Gildan Activewear from $80.00 to $54.00 and set a "buy" rating for the company in a research report on Thursday, September 24th. Finally, TD Securities lowered their target price on shares of Gildan Activewear from $80.00 to $54.00 and set a "buy" rating for the company in a research note on Thursday, September 24th.

Gildan Activewear News Roundup

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Royal Bank of Canada lowered its price target from $82 to $70 but maintained an “outperform” rating, implying significant potential upside from recent levels. Royal Bank of Canada target update
• Neutral Sentiment: Multiple law firms reminded investors that December 14, 2026 is the deadline to seek appointment as lead plaintiff in a federal securities class action covering purchases from February 19, 2025, through June 15, 2026. These announcements largely repeat the same litigation notice rather than represent separate developments. Gildan investor alert and lead plaintiff deadline
• Negative Sentiment: The lawsuit alleges that Gildan and certain executives lacked adequate internal controls, used channel stuffing to inflate revenue, and reported misleading organic-growth metrics. The allegations are unproven, but the litigation creates legal costs, reputational risk, and uncertainty around prior financial disclosures. Reports link the allegations to an earlier 18.75% stock drop. Gildan channel-stuffing lawsuit allegations
• Negative Sentiment: National Bank also cut its target to C$98, adding to evidence of more cautious near-term expectations despite the stock’s still-substantial implied upside. National Bank target reduction

Gildan Activewear Price Performance

Shares of GIL opened at $40.89 on Wednesday. Gildan Activewear has a fifty-two week low of $39.93 and a fifty-two week high of $73.69. The firm's 50 day moving average price is $47.93 and its 200 day moving average price is $53.14. The company has a market cap of $7.57 billion, a P/E ratio of 78.64 and a beta of 1.11. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 1.15.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last released its earnings results on Thursday, July 30th. The textile maker reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.11 by $0.17. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the business posted $0.97 earnings per share. Gildan Activewear's revenue was up 72.3% compared to the same quarter last year. On average, research analysts forecast that Gildan Activewear will post 4.67 earnings per share for the current fiscal year.

Gildan Activewear Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Thursday, August 20th were issued a $0.2490 dividend. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, August 20th. Gildan Activewear's dividend payout ratio is 192.31%.

Institutional Trading of Gildan Activewear

Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd boosted its holdings in Gildan Activewear by 14,833.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 448 shares of the textile maker's stock valued at $28,000 after purchasing an additional 445 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of Gildan Activewear during the 1st quarter worth approximately $42,000. Hara Capital LLC acquired a new position in shares of Gildan Activewear in the 2nd quarter valued at $57,000. Fifth Third Bancorp boosted its holdings in shares of Gildan Activewear by 16.5% in the 1st quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker's stock valued at $75,000 after buying an additional 192 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in shares of Gildan Activewear in the 2nd quarter valued at $75,000. 82.83% of the stock is currently owned by institutional investors and hedge funds.

About Gildan Activewear

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company's product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.

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