National Bank Financial Estimates TSE:GIL FY2028 Earnings

Key Points

• National Bank Financial forecasts Gildan Activewear Inc. to achieve an earnings per share (EPS) of $8.78 for FY2028, while the current consensus estimate stands at $4.55 per share.
• Several analysts have upgraded their ratings for Gildan Activewear, with TD Securities raising the price target from C$60.00 to C$67.00 and National Bankshares increasing their price objective from C$80.00 to C$85.00.
• Gildan Activewear declared a quarterly dividend of $0.226 per share, with a dividend yield of 1.1% and a payout ratio of 27.63%.

Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - Equities researchers at National Bank Financial issued their FY2028 EPS estimates for shares of Gildan Activewear in a research note issued on Tuesday, September 23rd. National Bank Financial analyst V. Shreedhar forecasts that the company will post earnings of $8.78 per share for the year. The consensus estimate for Gildan Activewear's current full-year earnings is $4.55 per share.

Several other analysts also recently commented on the stock. TD Securities upped their price target on shares of Gildan Activewear from C$60.00 to C$67.00 and gave the company a "buy" rating in a research report on Monday, September 8th. National Bankshares upped their price objective on shares of Gildan Activewear from C$80.00 to C$85.00 and gave the stock an "outperform" rating in a research report on Thursday, August 14th. Cfra Research upgraded shares of Gildan Activewear to a "hold" rating in a research report on Monday, August 4th. Royal Bank Of Canada upgraded shares of Gildan Activewear to a "moderate buy" rating in a research report on Tuesday, August 5th. Finally, Scotiabank upgraded shares of Gildan Activewear to a "strong-buy" rating in a research report on Wednesday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$77.33.

Gildan Activewear Stock Down 0.6%

Shares of TSE:GIL opened at C$79.01 on Thursday. The company has a market capitalization of C$11.78 billion, a PE ratio of 25.32, a P/E/G ratio of 4.55 and a beta of 1.27. 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 twelve month low of C$52.77 and a twelve month high of C$80.01. The firm has a 50 day simple moving average of C$74.30 and a 200-day simple moving average of C$67.90.

Insider Activity

In other Gildan Activewear news, insider Benito Masi sold 15,000 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of C$75.07, for a total transaction of C$1,126,017.00. Following the sale, the insider directly owned 359,421 shares of the company's stock, valued at C$26,980,943.74. This trade represents a 4.01% decrease in their position. 2.26% of the stock is owned by corporate insiders.

Gildan Activewear Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, September 15th were paid a dividend of $0.226 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 21st. Gildan Activewear's dividend payout ratio (DPR) is currently 27.63%.

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.

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