Should I buy or sell Gildan Activewear stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GIL shares. View GIL analyst ratings or view top-rated stocks .

What is Gildan Activewear's stock price target for 2024?

5 brokers have issued 12 month price targets for Gildan Activewear's stock. Their GIL share price targets range from C$35.00 to C$58.00. On average, they anticipate the company's share price to reach C$47.00 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for GIL or view top-rated stocks among Wall Street analysts .

How have GIL shares performed in 2024?

Gildan Activewear's stock was trading at C$43.82 on January 1st, 2024. Since then, GIL stock has increased by 3.4% and is now trading at C$45.30. View the best growth stocks for 2024 here .

When is Gildan Activewear's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our GIL earnings forecast .

How were Gildan Activewear's earnings last quarter?

Gildan Activewear Inc. (TSE:GIL) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.03. The business earned $1.07 billion during the quarter, compared to the consensus estimate of $1.02 billion. Gildan Activewear had a net margin of 16.70% and a trailing twelve-month return on equity of 27.79%.

How often does Gildan Activewear pay dividends? What is the dividend yield for Gildan Activewear?

Gildan Activewear announced a quarterly dividend on Wednesday, May 1st. Shareholders of record on Thursday, May 23rd will be paid a dividend of 0.277 per share on Monday, June 17th. This represents a $1.11 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Wednesday, May 22nd. This is a boost from the stock's previous quarterly dividend of C$0.28. Read our dividend analysis for GIL .

Is Gildan Activewear a good dividend stock?

Gildan Activewear (TSE:GIL) pays an annual dividend of C$1.10 per share and currently has a dividend yield of 2.22%. The dividend payout ratio is 26.70%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for GIL .

What other stocks do shareholders of Gildan Activewear own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gildan Activewear investors own include Endologix (ELGX) , Chipotle Mexican Grill (CMG) , Aegean Marine Petroleum Network (ANW) , Chase (CCF) , American River Bankshares (AMRB) , Invesco Senior Loan ETF (BKLN) , CVR Refining (CVRR) , Micron Technology (MU) and Baytex Energy (BTE) .

How do I buy shares of Gildan Activewear?

Shares of GIL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:GIL

Gildan Activewear (GIL) Stock Price, News & Analysis

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C$45.30

-0.59 (-1.29%)

(As of 05/3/2024 ET)

Compare

Today's Range: C$45.29
▼
C$46.87
50-Day Range: C$45.30
▼
C$51.02
52-Week Range: C$36.42
▼
C$52.80

Volume: 231,998 shs
Average Volume: 331,137 shs
Market Capitalization: C$7.64 billion

P/E Ratio: 11.00
Dividend Yield: 2.43%
Price Target: C$47.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Gildan Activewear alerts:

Gildan Activewear MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 3.8% Upside
C$47.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.84
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.87 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
Gildan Activewear has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Gildan Activewear has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for GIL.

1.7

Dividend Strength

Dividend Yield
Gildan Activewear pays a meaningful dividend of 2.22%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Gildan Activewear does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Gildan Activewear is 26.70%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GIL.

2.7

News and Social Media Coverage

News Sentiment
Gildan Activewear has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Gildan Activewear this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for GIL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gildan Activewear insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.03% of the stock of Gildan Activewear is held by insiders.
Percentage Held by Institutions
89.90% of the stock of Gildan Activewear is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gildan Activewear is 11.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gildan Activewear is 11.00, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 307.89.
Price to Earnings Growth Ratio
Gildan Activewear has a PEG Ratio of 2.70. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Gildan Activewear has a P/B Ratio of 3.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Gildan Activewear Stock (TSE:GIL)

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. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks under the Gildan, Under Armour, GoldToe, Signature Gold by Goldtoe, Peds, MediPeds, All Pro, and GoldTeo Edition TM brands. In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.

GIL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GIL Stock News Headlines

May 4, 2024 | americanbankingnews.com

National Bank Financial Analysts Lift Earnings Estimates for Gildan Activewear Inc. (TSE:GIL)

April 30, 2024 | markets.businessinsider.com

Gildan Activewear earnings: here's what Wall Street expects

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April 30, 2024 | msn.com

Gildan-Browning West Proxy Fight Headed Down to the Wire

April 27, 2024 | money.usnews.com

Gildan Activewear Inc

April 26, 2024 | finanznachrichten.de

Gildan Activewear: World Day for Safety and Health: A Look Into Gildan

April 26, 2024 | finance.yahoo.com

World Day for Safety and Health: A Look Into Gildan

April 23, 2024 | msn.com

Gildan Investor Browning West Says Company's Sale Process is in Full Collapse

May 5, 2024 | Porter & Company (Ad)

Elon to Transform U.S. Economy?

April 23, 2024 | finance.yahoo.com

Turtle Creek Asset Management Responds to Gildan Board’s Governance Charade

April 22, 2024 | finance.yahoo.com

Browning West and Glenn Chamandy Comment on Gildan Activewear’s Defensive and Reactionary Board Refreshment

April 22, 2024 | msn.com

Gildan replacing five directors ahead of AGM, will back two Browning West nominees

April 22, 2024 | theglobeandmail.com

Gildan refreshes its board of directors ahead of shareholder meeting

April 22, 2024 | marketwatch.com

Gildan Activewear Appoints Tim Hodgson as Independent Nonexecutive Chair as Part of Board Shuffle

April 22, 2024 | bloomberg.com

Gildan Taps Ex-Goldman Executive as Chair in Last Stand Against Activist Investor

April 22, 2024 | ca.finance.yahoo.com

Apparel maker Gildan recommends two Browning West nominees to board

April 16, 2024 | msn.com

Gildan CEO Vince Tyra Says Supply Chain is Top Pillar for Growth

April 16, 2024 | markets.businessinsider.com

Buy Rating Reaffirmed for Gildan Activewear Amidst Strategic Growth and Valuation Appeal

April 16, 2024 | financialpost.com

Gildan's new CEO vows to boost profit ahead of shareholders meeting that could oust him

April 16, 2024 | finance.yahoo.com

Browning West Cautions Shareholders Regarding Gildan Activewear’s Risky Path Forward Under CEO Vince Tyra

April 9, 2024 | finanznachrichten.de

Gildan Activewear: Gildan Donates Surgical Equipment to Mario Catarino Rivas Hospital

April 9, 2024 | finance.yahoo.com

Gildan Donates Surgical Equipment to Mario Catarino Rivas Hospital

April 8, 2024 | msn.com

Gildan Activewear shareholder asks court to block a sale before shareholder meeting (update)

April 7, 2024 | msn.com

Gildan Shareholder Asks Court to Stop Board From Selling Company

April 3, 2024 | msn.com

Browning West wants former CEO to lead proposed Gildan value plan

April 1, 2024 | theglobeandmail.com

Gildan activist says its business strategy would double profits

April 1, 2024 | tmcnet.com

Browning West's Slate of Highly Qualified Director Candidates Releases Five-Pillar Plan to Enhance Shareholder Value at Gildan Activewear

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 4/8 Dividend: 3/12/2024
Dividend Payable: 4/08/2024
Today: 5/05/2024
Ex-Dividend for 6/17 Dividend: 5/22/2024
Dividend Payable: 6/17/2024
Next Earnings (Estimated): 8/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Apparel Manufacturing
Sub-Industry: N/A
Current Symbol: TSE:GIL
CUSIP: N/A
CIK: N/A
Web: gildan.com
Phone: +1-514-7352023
Fax: N/A
Employees: 43,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$47.00
High Stock Price Target: C$58.00
Low Stock Price Target: C$35.00
Potential Upside/Downside: +3.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.12
Trailing P/E Ratio: 11.00
Forward P/E Ratio: 11.30
P/E Growth: 2.7
Net Income: C$533.58 million
Net Margins: 16.70%
Pretax Margin: N/A
Return on Equity: 27.79%
Return on Assets: 9.88%

Debt

Debt-to-Equity Ratio: 55.97
Current Ratio: 2.33
Quick Ratio: 0.87

Sales & Book Value

Annual Sales: C$3.20 billion
Price / Sales: 2.39
Cash Flow: C$0.83 per share
Price / Cash Flow: 54.35
Book Value: C$11.52 per share
Price / Book: 3.93

Miscellaneous

Outstanding Shares: 168,660,000
Free Float: N/A
Market Cap: C$7.64 billion
Optionable: Not Optionable
Beta: 1.62

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Key Executives

Mr. Rhodri J. Harries (Age 60)
Executive VP and Chief Financial & Administrative Officer
Comp: $1.88M
Mr. Chuck J. Ward
President of Sales, Marketing & Distribution
Mr. Arun Douglas Bajaj BCL (Age 53)
L.L.B., Executive VP and Chief Human Resources Officer & Legal Affairs
Comp: $1.12M
Mr. Benito A. Masi (Age 68)
President of Manufacturing
Comp: $1.98M
Mr. Vincent J. Tyra (Age 58)
President, CEO & Director
Mr. Jason DeHaan
Chief Information Officer
Ms. Jessy Hayem
Head of Investor Relation
Ms. Michelle E. Taylor
VP, General Counsel & Corporate Secretary
Ms. Geneviève Gosselin
Director of Corporate Communications & Corporate Marketing
Mr. Peter Iliopoulos (Age 54)
Senior Vice President of Taxation, Sustainability & Government Affairs

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

GIL Stock Analysis - Frequently Asked Questions

Should I buy or sell Gildan Activewear stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GIL shares.
View GIL analyst ratings or view top-rated stocks.
What is Gildan Activewear's stock price target for 2024?: 5 brokers have issued 12 month price targets for Gildan Activewear's stock. Their GIL share price targets range from C$35.00 to C$58.00. On average, they anticipate the company's share price to reach C$47.00 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for GIL or view top-rated stocks among Wall Street analysts.
How have GIL shares performed in 2024?: Gildan Activewear's stock was trading at C$43.82 on January 1st, 2024. Since then, GIL stock has increased by 3.4% and is now trading at C$45.30.
View the best growth stocks for 2024 here.
When is Gildan Activewear's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our GIL earnings forecast.
How were Gildan Activewear's earnings last quarter?: Gildan Activewear Inc. (TSE:GIL) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.03. The business earned $1.07 billion during the quarter, compared to the consensus estimate of $1.02 billion. Gildan Activewear had a net margin of 16.70% and a trailing twelve-month return on equity of 27.79%.

How often does Gildan Activewear pay dividends? What is the dividend yield for Gildan Activewear?: Gildan Activewear announced a quarterly dividend on Wednesday, May 1st. Shareholders of record on Thursday, May 23rd will be paid a dividend of 0.277 per share on Monday, June 17th. This represents a $1.11 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Wednesday, May 22nd. This is a boost from the stock's previous quarterly dividend of C$0.28.
Read our dividend analysis for GIL.
Is Gildan Activewear a good dividend stock?: Gildan Activewear (TSE:GIL) pays an annual dividend of C$1.10 per share and currently has a dividend yield of 2.22%. The dividend payout ratio is 26.70%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GIL.
What other stocks do shareholders of Gildan Activewear own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Gildan Activewear investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Chase (CCF), American River Bankshares (AMRB), Invesco Senior Loan ETF (BKLN), CVR Refining (CVRR), Micron Technology (MU) and Baytex Energy (BTE).
How do I buy shares of Gildan Activewear?: Shares of GIL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:GIL) was last updated on 5/5/2024 by MarketBeat.com Staff

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Gildan Activewear (GIL) Stock Price, News & Analysis

Gildan Activewear MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Gildan Activewear Stock (TSE:GIL)

GIL Stock Price History

GIL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

GIL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™