Gildan Activewear (GIL) to Release Earnings on Thursday

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL is expected to release its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect Gildan Activewear to post earnings of $0.95 per share and revenue of $908.41 million for the quarter. Gildan Activewear has set its FY 2025 guidance at 3.380-3.580 EPS.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last issued its quarterly earnings data on Tuesday, April 29th. The textile maker reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.02. Gildan Activewear had a net margin of 12.38% and a return on equity of 30.61%. The company had revenue of $711.70 million during the quarter, compared to the consensus estimate of $715.29 million. During the same quarter in the prior year, the firm earned $0.59 earnings per share. The firm's revenue was up 2.3% compared to the same quarter last year. On average, analysts expect Gildan Activewear to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Gildan Activewear Stock Up 0.1%

Shares of GIL stock traded up $0.05 during trading hours on Friday, hitting $52.20. 307,373 shares of the company were exchanged, compared to its average volume of 470,665. The company has a market capitalization of $7.82 billion, a PE ratio of 20.15, a PEG ratio of 1.68 and a beta of 1.19. Gildan Activewear has a 52 week low of $37.16 and a 52 week high of $55.39. The business has a 50 day moving average of $49.27 and a two-hundred day moving average of $48.14. The company has a current ratio of 3.91, a quick ratio of 1.59 and a debt-to-equity ratio of 1.35.

Gildan Activewear Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Tuesday, May 20th were given a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date was Tuesday, May 20th. Gildan Activewear's dividend payout ratio (DPR) is presently 34.75%.

Analyst Ratings Changes

Several analysts recently commented on the stock. TD Securities lifted their target price on shares of Gildan Activewear from $56.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Scotiabank raised shares of Gildan Activewear to a "strong-buy" rating and set a $55.00 price target for the company in a report on Wednesday, May 28th. CIBC lowered their price objective on shares of Gildan Activewear from $60.00 to $56.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Finally, Barclays initiated coverage on shares of Gildan Activewear in a research report on Monday, April 28th. They issued an "overweight" rating and a $51.00 price target for the company. Nine research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Gildan Activewear presently has an average rating of "Buy" and a consensus target price of $57.91.

Institutional Investors Weigh In On Gildan Activewear

A number of institutional investors have recently added to or reduced their stakes in GIL. Goldman Sachs Group Inc. boosted its stake in Gildan Activewear by 40.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,760,253 shares of the textile maker's stock worth $77,838,000 after buying an additional 503,359 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Gildan Activewear by 2.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,585 shares of the textile maker's stock valued at $8,251,000 after acquiring an additional 4,714 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Gildan Activewear by 49.3% in the first quarter. AQR Capital Management LLC now owns 13,209 shares of the textile maker's stock worth $584,000 after purchasing an additional 4,360 shares in the last quarter. 82.83% of the stock is owned by hedge funds and other institutional investors.

About Gildan Activewear

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.