FY2025 EPS Estimate for Gildan Activewear Lowered by Analyst

Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - Stock analysts at Stifel Canada dropped their FY2025 EPS estimates for shares of Gildan Activewear in a note issued to investors on Tuesday, April 29th. Stifel Canada analyst M. Landry now anticipates that the company will post earnings per share of $4.92 for the year, down from their prior estimate of $4.97. The consensus estimate for Gildan Activewear's current full-year earnings is $4.55 per share. Stifel Canada also issued estimates for Gildan Activewear's FY2026 earnings at $5.56 EPS.

Other research analysts have also issued reports about the company. UBS Group upgraded Gildan Activewear from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 10th. National Bankshares lowered their target price on Gildan Activewear from C$83.00 to C$72.00 in a report on Monday, April 21st. Desjardins cut their price objective on shares of Gildan Activewear from C$87.00 to C$80.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Finally, Barclays upgraded Gildan Activewear to a "strong-buy" rating in a research note on Monday, April 28th. Four equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of C$64.00.

Gildan Activewear Trading Up 0.5 %

Gildan Activewear stock traded up C$0.30 during trading hours on Friday, reaching C$64.94. 85,487 shares of the company's stock traded hands, compared to its average volume of 438,938. Gildan Activewear has a fifty-two week low of C$44.26 and a fifty-two week high of C$79.11. The firm has a market capitalization of C$7.05 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 4.55 and a beta of 1.64. The company has a debt-to-equity ratio of 101.26, a quick ratio of 0.87 and a current ratio of 2.31. The firm's 50 day moving average is C$63.20 and its 200-day moving average is C$67.77.

Gildan Activewear (TSE:GIL - Get Free Report) NYSE: GIL last announced its earnings results on Wednesday, February 19th. The company reported C$0.83 earnings per share for the quarter, topping analysts' consensus estimates of C$0.82 by C$0.01. Gildan Activewear had a net margin of 13.05% and a return on equity of 23.10%. During the same period in the prior year, the firm earned $0.75 earnings per share.

Gildan Activewear Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be issued a $0.226 dividend. This represents a $0.90 annualized dividend and a yield of 1.39%. The ex-dividend date is Tuesday, May 20th. Gildan Activewear's payout ratio is presently 29.76%.

Insider Buying and Selling at Gildan Activewear

In other Gildan Activewear news, Senior Officer Michael Schroeder sold 4,299 shares of Gildan Activewear stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of C$78.02, for a total transaction of C$335,428.68. Also, Senior Officer John Maness sold 1,661 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of C$68.77, for a total transaction of C$114,234.28. In the last 90 days, insiders sold 110,144 shares of company stock valued at $8,568,586. 2.26% of the stock is currently owned by company insiders.

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.