Desjardins Reduces Earnings Estimates for Gildan Activewear

Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - Equities research analysts at Desjardins cut their Q2 2025 earnings estimates for Gildan Activewear in a note issued to investors on Wednesday, April 30th. Desjardins analyst C. Li now anticipates that the company will post earnings of $1.35 per share for the quarter, down from their prior forecast of $1.41. Desjardins has a "Buy" rating and a $80.00 price target on the stock. The consensus estimate for Gildan Activewear's current full-year earnings is $4.55 per share. Desjardins also issued estimates for Gildan Activewear's Q3 2025 earnings at $1.38 EPS, Q4 2025 earnings at $1.18 EPS and FY2026 earnings at $5.32 EPS.

Gildan Activewear (TSE:GIL - Get Free Report) NYSE: GIL last announced its quarterly earnings results on Wednesday, February 19th. The company reported C$0.83 EPS for the quarter, topping the consensus estimate of C$0.82 by C$0.01. Gildan Activewear had a return on equity of 23.10% and a net margin of 13.05%. During the same quarter last year, the business posted $0.75 EPS.

GIL has been the topic of several other research reports. National Bankshares dropped their price objective on shares of Gildan Activewear from C$83.00 to C$72.00 in a research note on Monday, April 21st. UBS Group upgraded shares of Gildan Activewear from a "hold" rating to a "strong-buy" rating in a report on Friday, January 10th. Finally, Barclays raised Gildan Activewear to a "strong-buy" rating in a research report on Monday, April 28th. Four analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average price target of C$64.00.

Gildan Activewear Stock Up 0.7 %

TSE:GIL traded up C$0.43 during mid-day trading on Friday, hitting C$65.07. The company had a trading volume of 71,237 shares, compared to its average volume of 438,832. The firm has a market capitalization of C$7.07 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 4.55 and a beta of 1.64. The business has a fifty day simple moving average of C$63.20 and a 200-day simple moving average of C$67.77. The company has a current ratio of 2.31, a quick ratio of 0.87 and a debt-to-equity ratio of 101.26. Gildan Activewear has a 1 year low of C$44.26 and a 1 year high of C$79.11.

Insider Buying and Selling at Gildan Activewear

In related news, Senior Officer John Maness sold 1,661 shares of the business's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$68.77, for a total transaction of C$114,234.28. Also, Senior Officer Michael Schroeder sold 4,299 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of C$78.02, for a total transaction of C$335,428.68. Insiders have sold a total of 110,144 shares of company stock valued at $8,568,586 in the last three months. 2.26% of the stock is currently owned by company insiders.

Gildan Activewear Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 16th will be given a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Tuesday, May 20th. Gildan Activewear's dividend payout ratio (DPR) is presently 29.76%.

Gildan Activewear Company Profile

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels.