Desjardins Expects Increased Earnings for Gildan Activewear

Key Points

• Desjardins has raised its Q4 2025 earnings per share estimate for Gildan Activewear from $0.85 to $0.87, indicating positive expectations for the textile maker.
• Analyst ratings are generally favorable, with nine analysts rating the stock as a "buy," while UBS Group has increased its price target from $56.00 to $70.00.
• Gildan Activewear's current earnings consensus is $3.48 per share, reflecting a steady growth in earnings despite a minor revenue shortfall reported in its latest quarterly results.

Gildan Activewear, Inc. (NYSE:GIL - Free Report) TSE: GIL - Analysts at Desjardins upped their Q4 2025 earnings per share (EPS) estimates for shares of Gildan Activewear in a research note issued on Monday, July 28th. Desjardins analyst C. Li now expects that the textile maker will post earnings of $0.87 per share for the quarter, up from their prior forecast of $0.85. The consensus estimate for Gildan Activewear's current full-year earnings is $3.48 per share.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last posted its earnings results on Thursday, July 31st. The textile maker reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.01. The firm had revenue of $918.50 million during the quarter, compared to analysts' expectations of $908.41 million. Gildan Activewear had a return on equity of 34.00% and a net margin of 14.55%. The firm's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.74 earnings per share.

Several other equities analysts also recently issued reports on GIL. National Bankshares upped their price objective on shares of Gildan Activewear from $78.00 to $80.00 and gave the company an "outperform" rating in a research note on Friday. UBS Group boosted their target price on Gildan Activewear from $56.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday. Barclays raised their price target on Gildan Activewear from $51.00 to $56.00 and gave the stock an "overweight" rating in a research note on Friday. Scotiabank boosted their price objective on Gildan Activewear from $55.00 to $59.00 and gave the company a "sector outperform" rating in a research note on Friday. Finally, CIBC increased their price objective on Gildan Activewear from $56.00 to $60.00 and gave the company an "outperformer" rating in a report on Friday. Eleven research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $60.92.

Gildan Activewear Stock Up 1.2%

Shares of Gildan Activewear stock traded up $0.62 during trading hours on Thursday, hitting $51.13. The company had a trading volume of 781,511 shares, compared to its average volume of 506,649. The company has a debt-to-equity ratio of 1.35, a current ratio of 3.91 and a quick ratio of 1.59. The company's 50-day moving average is $49.48 and its two-hundred day moving average is $48.26. The company has a market cap of $7.66 billion, a P/E ratio of 15.79, a price-to-earnings-growth ratio of 1.64 and a beta of 1.17. Gildan Activewear has a twelve month low of $37.16 and a twelve month high of $55.39.

Institutional Trading of Gildan Activewear

Several hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Gildan Activewear during the 4th quarter worth $97,275,000. The Manufacturers Life Insurance Company raised its position in Gildan Activewear by 276.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,769,634 shares of the textile maker's stock worth $83,394,000 after acquiring an additional 1,300,121 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Gildan Activewear by 67.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 2,959,555 shares of the textile maker's stock worth $131,556,000 after purchasing an additional 1,189,921 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Gildan Activewear by 776.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 817,204 shares of the textile maker's stock worth $38,414,000 after purchasing an additional 723,962 shares during the last quarter. Finally, Genus Capital Management Inc. lifted its stake in Gildan Activewear by 191.7% in the 1st quarter. Genus Capital Management Inc. now owns 251,308 shares of the textile maker's stock valued at $11,109,000 after buying an additional 525,386 shares in the last quarter. Institutional investors and hedge funds own 82.83% of the company's stock.

Gildan Activewear Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.226 per share. The ex-dividend date is Thursday, August 21st. This represents a $0.90 dividend on an annualized basis and a yield of 1.8%. Gildan Activewear's dividend payout ratio is presently 28.57%.

Gildan Activewear Company Profile

Gildan Activewear Inc manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands.