Desjardins Predicts Weaker Earnings for Gildan Activewear

Key Points

• Desjardins has lowered its earnings per share estimate for Gildan Activewear's Q2 2025 from $1.35 to $1.30, while maintaining a "Buy" rating with a target price of $80.00.
• Gildan's current full-year earnings consensus is expected to be $4.55 per share, with estimates for Q3 2025 and FY2025 earnings set at $1.34 and $4.63 respectively.
• Despite recent price adjustments, Gildan Activewear has received favorable ratings from multiple analysts, with an overall consensus rating of "Strong Buy" and an average target price of C$64.00.

Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - Equities researchers at Desjardins decreased their Q2 2025 earnings per share (EPS) estimates for Gildan Activewear in a report released on Monday, July 28th. Desjardins analyst C. Li now anticipates that the company will earn $1.30 per share for the quarter, down from their previous estimate of $1.35. Desjardins currently has a "Buy" rating and a $80.00 target price 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 $1.34 EPS and FY2025 earnings at $4.63 EPS.

GIL has been the subject of several other reports. Barclays raised Gildan Activewear to a "strong-buy" rating in a report on Monday, April 28th. Scotiabank raised Gildan Activewear to a "strong-buy" rating in a report on Wednesday, May 28th. Finally, National Bankshares decreased their price target on Gildan Activewear from C$83.00 to C$72.00 in a report on Monday, April 21st. Four research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy" and a consensus target price of C$64.00.

Gildan Activewear Stock Performance

Shares of GIL stock traded up C$0.56 during trading hours on Wednesday, hitting C$70.55. The stock had a trading volume of 335,108 shares, compared to its average volume of 419,637. The firm has a market capitalization of C$7.66 billion, a PE ratio of 18.92, a PEG ratio of 4.55 and a beta of 1.64. Gildan Activewear has a twelve month low of C$52.77 and a twelve month high of C$79.11. The stock's 50 day moving average is C$67.73 and its 200 day moving average is C$67.64. The company has a debt-to-equity ratio of 101.26, a current ratio of 2.31 and a quick ratio of 0.87.

Insiders Place Their Bets

In related news, Senior Officer Juan Carlos Contreras Y. Contreras sold 4,900 shares of the business's stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of C$65.00, for a total transaction of C$318,490.20. Following the transaction, the insider directly owned 144 shares of the company's stock, valued at approximately C$9,359.71. The trade was a 97.15% decrease in their position. Also, Senior Officer Benito Masi sold 15,000 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of C$68.66, for a total value of C$1,029,840.00. Company insiders own 2.26% of the company's stock.

Gildan Activewear Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Thursday, August 21st will be given a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.3%. Gildan Activewear's dividend payout ratio is currently 29.76%.

About Gildan Activewear

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.