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NYSE:GIL

Gildan Activewear (GIL) Stock Price, News & Analysis

$37.31
+1.19 (+3.29%)
(As of 03:57 PM ET)
Today's Range
$36.20
$37.42
50-Day Range
$32.64
$37.62
52-Week Range
$26.98
$38.87
Volume
1.32 million shs
Average Volume
859,378 shs
Market Capitalization
$6.29 billion
P/E Ratio
12.60
Dividend Yield
2.20%
Price Target
$41.95

Gildan Activewear MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
12.7% Upside
$41.95 Price Target
Short Interest
Healthy
0.98% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.38
Upright™ Environmental Score
News Sentiment
-0.18mentions of Gildan Activewear in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.62%
From $2.92 to $3.23 Per Share

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.

3.87 out of 5 stars

Consumer Discretionary Sector

81st out of 274 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

3rd out of 15 stocks

GIL stock logo

About Gildan Activewear Stock (NYSE: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

GIL Stock News Headlines

Gildan Activewear Reports on Shareholders’ Voting Results
Gildan Activewear Reports on Shareholders' Voting Results
Gildan Board of Directors Resigns
See More Headlines
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Company Calendar

Ex-Dividend for 4/8 Dividend
3/12/2024
Dividend Payable
4/08/2024
Last Earnings
5/01/2024
Ex-Dividend for 6/17 Dividend
5/22/2024
Today
5/30/2024
Dividend Payable
6/17/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Apparel, finished products from fabrics & similar materials
Sub-Industry
N/A
Employees
43,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.95
High Stock Price Target
$53.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+16.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

Net Income
$533.58 million
Pretax Margin
16.79%

Debt

Sales & Book Value

Annual Sales
$3.20 billion
Cash Flow
$3.27 per share
Book Value
$11.44 per share

Miscellaneous

Free Float
165,235,000
Market Cap
$6.09 billion
Optionable
Optionable
Beta
1.38
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Key Executives

  • Mr. Rhodri J. Harries (Age 60)
    Executive VP and Chief Financial & Administrative Officer
    Comp: $980.25k
  • 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: $622.83k
  • Mr. Benito A. Masi (Age 68)
    President of Manufacturing
    Comp: $1.16M
  • 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

GIL Stock Analysis - Frequently Asked Questions

Should I buy or sell Gildan Activewear stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last twelve months. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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?

13 equities research analysts have issued 12 month price objectives for Gildan Activewear's stock. Their GIL share price targets range from $36.00 to $53.00. On average, they predict the company's share price to reach $41.95 in the next twelve months. This suggests a possible upside of 12.7% 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 $33.06 at the start of the year. Since then, GIL stock has increased by 12.6% and is now trading at $37.24.
View the best growth stocks for 2024 here
.

Are investors shorting Gildan Activewear?

Gildan Activewear saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,610,000 shares, an increase of 12.6% from the April 30th total of 1,430,000 shares. Based on an average daily volume of 908,400 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.0% of the shares of the stock are sold short.
View Gildan Activewear's Short Interest
.

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. (NYSE:GIL) released its quarterly earnings data on Wednesday, May, 1st. The textile maker reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.07. The textile maker earned $695.80 million during the quarter, compared to analysts' expectations of $692.94 million. Gildan Activewear had a net margin of 16.14% and a trailing twelve-month return on equity of 24.00%. The firm's quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 earnings per share.

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

Gildan Activewear declared a quarterly dividend on Wednesday, May 1st. Investors of record on Thursday, May 23rd will be given a dividend of $0.205 per share on Monday, June 17th. This represents a $0.82 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Wednesday, May 22nd.
Read our dividend analysis for GIL
.

Is Gildan Activewear a good dividend stock?

Gildan Activewear (NYSE:GIL) pays an annual dividend of $0.82 per share and currently has a dividend yield of 2.19%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIL will have a dividend payout ratio of 25.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIL.

What ETFs hold Gildan Activewear's stock?

ETFs with the largest weight of Gildan Activewear (NYSE:GIL) stock in their portfolio include Invesco International BuyBack Achievers ETF (IPKW) and Schwab International Small-Cap Equity ETF (SCHC).Vanguard FTSE All-World ex-US Small-Cap ETF (VSS).

When did Gildan Activewear's stock split?

Gildan Activewear shares split on the morning of Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly minted shares were payable to shareholders after the market closes on Friday, March 27th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has Gildan Activewear issued on next quarter's earnings?

Gildan Activewear issued an update on its FY24 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of $2.92-3.07 for the period, compared to the consensus EPS estimate of $2.95.

What is Glenn J. Chamandy's approval rating as Gildan Activewear's CEO?

61 employees have rated Gildan Activewear Chief Executive Officer Glenn J. Chamandy on Glassdoor.com. Glenn J. Chamandy has an approval rating of 83% among the company's employees.

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 Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Ciena (CIEN), First Data (FDC), Air Canada (AC) and China Unicom (Hong Kong) (CHU).

Who are Gildan Activewear's major shareholders?

Gildan Activewear's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (3.90%), Vanguard Group Inc. (3.67%), Pzena Investment Management LLC (2.81%), Cardinal Capital Management Inc. (1.70%), Anson Funds Management LP (1.06%) and National Bank of Canada FI (1.05%).

How do I buy shares of Gildan Activewear?

Shares of GIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GIL) was last updated on 5/30/2024 by MarketBeat.com Staff

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