Gildan Activewear (GIL) Expected to Announce Quarterly Earnings on Tuesday

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL is expected to release its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect Gildan Activewear to post earnings of $0.57 per share and revenue of $715.29 million for the quarter. Gildan Activewear has set its FY 2025 guidance at 3.380-3.580 EPS and its FY25 guidance at $3.38-$3.58 EPS.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last announced its quarterly earnings results on Wednesday, February 19th. The textile maker reported $0.83 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.30). Gildan Activewear had a return on equity of 28.80% and a net margin of 12.26%. The company had revenue of $822.00 million for the quarter, compared to analyst estimates of $805.75 million. During the same period in the prior year, the business posted $0.75 earnings per share. Gildan Activewear's revenue for the quarter was up 5.0% on a year-over-year basis. 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 Price Performance

Shares of GIL remained flat at $42.47 during mid-day trading on Friday. The stock had a trading volume of 442,673 shares, compared to its average volume of 647,310. The company has a 50-day moving average price of $45.86 and a 200 day moving average price of $47.88. The company has a quick ratio of 0.98, a current ratio of 2.22 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $6.44 billion, a PE ratio of 16.99, a P/E/G ratio of 1.76 and a beta of 1.16. Gildan Activewear has a 1 year low of $32.23 and a 1 year high of $55.39.

Gildan Activewear Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Stockholders of record on Wednesday, March 12th were paid a dividend of $0.226 per share. This is a boost from Gildan Activewear's previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.13%. Gildan Activewear's dividend payout ratio (DPR) is presently 36.00%.

Analyst Ratings Changes

A number of brokerages recently issued reports on GIL. Canaccord Genuity Group raised their price target on shares of Gildan Activewear from $53.00 to $58.00 and gave the company a "buy" rating in a research report on Thursday, February 20th. CIBC upped their price target on Gildan Activewear from $56.00 to $60.00 and gave the stock an "outperform" rating in a report on Thursday, February 20th. Stifel Nicolaus raised their price objective on Gildan Activewear from $60.00 to $65.00 and gave the company a "buy" rating in a report on Thursday, February 20th. UBS Group lifted their price target on shares of Gildan Activewear from $60.00 to $69.00 and gave the company a "buy" rating in a research note on Thursday, February 20th. Finally, BMO Capital Markets increased their price objective on shares of Gildan Activewear from $58.00 to $64.00 and gave the company an "outperform" rating in a report on Thursday, February 20th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $60.00.

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.