Gildan Activewear Inc. is a manufacturer and marketer of branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company operates through two segments: Printwear and Branded Apparel. The Printwear segment designs, manufactures, sources, markets, and distributes undecorated activewear products. The Branded Apparel segment designs, manufactures, sources, markets, and distributes branded family apparel, which includes athletic, casual and dress socks, underwear, activewear, sheer hosiery, legwear, and shapewear products, which are sold to retailers in the United States and Canada. The Company sells its products under various brands, including the Gildan, Gold Toe, Anvil, Comfort Colors, American Apparel, Alstyle, Secret, Silks, Kushyfoot, Secret Silky, Therapy Plus, Peds, and MediPeds brands. The Company distributes its products in printwear markets in the United States, Canada, Mexico, Europe, Asia-Pacific and Latin America.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Textile - Apparel Clothing
- Sub-Industry: N/A
- Symbol: NYSE:GIL
- CUSIP: N/A
- Web: www.gildan.com
- Market Cap: $6.39 billion
- Outstanding Shares: 225,119,000
- 50 Day Moving Avg: $27.80
- 200 Day Moving Avg: $26.42
- 52 Week Range: $23.55 - $32.20
Sales & Book Value:
- Trailing P/E Ratio: 18.01
- Foreward P/E Ratio: 15.25
- P/E Growth: 1.32
- Annual Revenue: $2.66 billion
- Price / Sales: 2.40
- Book Value: $9.22 per share
- Price / Book: 3.08
- Annual Dividend: $0.31
- Dividend Yield: 1.2%
- EBIDTA: $547.33 million
- Net Margins: 13.38%
- Return on Equity: 16.67%
- Return on Assets: 11.65%
- Debt-to-Equity Ratio: 0.33%
- Current Ratio: 4.88%
- Quick Ratio: 1.78%
- Average Volume: 624,418 shs.
- Beta: 1.14
- Short Ratio: 11.25
Frequently Asked Questions for Gildan Activewear (NYSE:GIL)
What is Gildan Activewear's stock symbol?
Gildan Activewear trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIL."
How often does Gildan Activewear pay dividends? What is the dividend yield for Gildan Activewear?
Gildan Activewear declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.0935 per share on Monday, June 12th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Tuesday, May 16th. View Gildan Activewear's Dividend History.
When did Gildan Activewear's stock split? How did Gildan Activewear's stock split work?
Gildan Activewear's stock split before market open on Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly created shares were distributed to shareholders after the market closes on Friday, March 27th 2015. An investor that had 100 shares of Gildan Activewear stock prior to the split would have 200 shares after the split.
How will Gildan Activewear's stock buyback program work?
Gildan Activewear announced that its Board of Directors has authorized a stock buyback plan on Thursday, April 6th 2017, which authorizes the company to buyback 11,500,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.
How were Gildan Activewear's earnings last quarter?
Gildan Activewear Inc (NYSE:GIL) issued its earnings results on Wednesday, May, 3rd. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. The company had revenue of $665.40 million for the quarter, compared to the consensus estimate of $664.37 million. Gildan Activewear had a net margin of 13.38% and a return on equity of 16.67%. View Gildan Activewear's Earnings History.
What guidance has Gildan Activewear issued on next quarter's earnings?
Gildan Activewear issued an update on its FY17 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.66.
Where is Gildan Activewear's stock going? Where will Gildan Activewear's stock price be in 2017?
10 analysts have issued 1-year target prices for Gildan Activewear's stock. Their forecasts range from $31.00 to $43.00. On average, they anticipate Gildan Activewear's stock price to reach $35.63 in the next twelve months. View Analyst Ratings for Gildan Activewear.
What are analysts saying about Gildan Activewear stock?
Here are some recent quotes from research analysts about Gildan Activewear stock:
- 1. According to Zacks Investment Research, "Gildan Activewear Inc. is a manufacturer and marketer of premium quality branded basic activewear for sale principally into the wholesale imprinted activewear segment of the North American apparel market. The company sells premium quality 100% cotton T-shirts and premium quality sweatshirts, in a variety of weights, sizes, colors and styles, as blanks, which are ultimately decorated with designs and logos for sale to consumers. " (5/23/2017)
- 2. Royal Bank of Canada analysts commented, "Gentex continues to be one of our favorite names in the automotive space with outsized revenue growth, a best-in-class margin profile, and numerous technology opportunities with significant upside. We feel this view was validated by the company’s 1Q17 report: Mirror shipments out grew underlying light vehicle production in relevant regions by a wide margin in the quarter, and the company announced that a seventh GM vehicle—the Chevy Traverse—will be launching with the Full Display Mirror (FDM) product. The company also announced that it has started shipping FDM to a second OEM customer (there are five customers total; four remain unspecified), and we expect that management will clarify which OEM this is in the 2Q17–3Q17 time frame. Gentex continues to have other growth opportunities as well: HomeLink appears to be getting increased traction in the Chinese market, and the company launched 11 new nameplates in the quarter. Additionally, the balance sheet remains attractive, and the company continues to pursue an aggressive debt paydown strategy, taking advantage of its strong cash generation capabilities. All things considered, we believe Gentex remains attractive at these levels." (4/24/2017)
Who are some of Gildan Activewear's key competitors?
Some companies that are related to Gildan Activewear include PVH Corp (PVH), Hanesbrands (HBI), Lululemon Athletica inc. (LULU), Michael Kors Holdings Ltd (KORS), Ralph Lauren Corp (RL), Carter's (CRI), Columbia Sportswear Company (COLM), UniFirst Corp (UNF), Kate Spade & Co (KATE), G-III Apparel Group (GIII), Oxford Industries (OXM), Perry Ellis International (PERY), Sequential Brands Group (SQBG), Quiksilver (ZQK), Crown Crafts (CRWS), XCel Brands (XELB), Vince Holding Corp (VNCE) and Differential Brands Group (DFBG).
Who owns Gildan Activewear stock?
Gildan Activewear's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Jarislowsky Fraser Ltd (6.46%), FMR LLC (4.47%), Janus Capital Management LLC (3.84%), Turtle Creek Asset Management Inc. (3.15%), Cooke & Bieler LP (2.62%) and Vanguard Group Inc. (2.06%). View Institutional Ownership Trends for Gildan Activewear.
Who sold Gildan Activewear stock? Who is selling Gildan Activewear stock?
Gildan Activewear's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Great West Life Assurance Co. Can, Janus Capital Management LLC, Segall Bryant & Hamill LLC, Goldman Sachs Group Inc., Massachusetts Financial Services Co. MA, Ameriprise Financial Inc. and Swiss National Bank. View Insider Buying and Selling for Gildan Activewear.
Who bought Gildan Activewear stock? Who is buying Gildan Activewear stock?
Gildan Activewear's stock was acquired by a variety of institutional investors in the last quarter, including Turtle Creek Asset Management Inc., Sentry Investments Corp., Mackenzie Financial Corp, Bank of America Corp DE, Neuberger Berman Group LLC, Cooke & Bieler LP, Platinum Investment Management Ltd. and Jarislowsky Fraser Ltd. View Insider Buying and Selling for Gildan Activewear.
How do I buy Gildan Activewear stock?
Shares of Gildan Activewear can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Gildan Activewear stock cost?
One share of Gildan Activewear stock can currently be purchased for approximately $28.37.
Earnings History for Gildan Activewear (NYSE:GIL)Earnings History by Quarter for Gildan Activewear (NYSE:GIL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/3/2017||Q1||$0.35||$0.39||$664.37 million||$665.40 million||View||Listen|
|2/23/2017||12/31/2016||$0.29||$0.32||$604.14 million||$587.90 million||View||N/A|
|11/3/2016||Q316||$0.51||$0.50||$723.97 million||$715.00 million||View||N/A|
|7/27/2016||Q216||$0.42||$0.41||$697.92 million||$689.00 million||View||Listen|
|5/4/2016||Q116||$0.28||$0.28||$617.38 million||$593.30 million||View||N/A|
|2/24/2016||Q415||$0.28||$0.28||$505.85 million||$543.80 million||View||Listen|
|11/12/2015||Q315||$0.51||$0.52||$702.80 million||$700.00 million||View||Listen|
|7/31/2015||Q215||$0.44||$0.42||$760.61 million||$714.20 million||View||Listen|
|5/14/2015||Q2||$0.23||$0.24||$630.12 million||$636.20 million||View||Listen|
|2/4/2015||Q115||($0.30)||($0.31)||$554.55 million||$390.60 million||View||N/A|
|12/4/2014||Q414||$1.08||$1.00||$713.40 million||$666.00 million||View||N/A|
|7/31/2014||Q314||$0.96||$0.95||$695.85 million||$693.80 million||View||N/A|
|5/2/2014||Q214||$0.63||$0.64||$555.22 million||$548.80 million||View||N/A|
|2/4/2014||Q114||$0.35||$0.35||$452.14 million||$451.40 million||View||N/A|
|11/21/2013||Q4||$0.84||$0.83||$604.71 million||$626.20 million||View||Listen|
|8/1/2013||Q313||$0.94||$0.94||$630.60 million||$614.30 million||View||N/A|
|5/2/2013||Q213||$0.57||$0.59||$518.91 million||$523.00 million||View||N/A|
|2/6/2013||Q113||$0.30||$0.32||$399.56 million||$420.80 million||View||N/A|
Earnings Estimates for Gildan Activewear (NYSE:GIL)
2017 EPS Consensus Estimate: $1.72
2018 EPS Consensus Estimate: $1.94
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Gildan Activewear (NYSE:GIL)
|Dividend Growth:||20.10% (3 Year Average)|
|Payout Ratio:||21.68% (Trailing 12 Months of Earnings) |
18.45% (Based on This Year's Estimates)
16.67% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Gildan Activewear (NYSE:GIL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Gildan Activewear (NYSE:GIL)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Gildan Activewear (NYSE:GIL)
Latest Headlines for Gildan Activewear (NYSE:GIL)
Gildan Activewear (GIL) Chart for Friday, May, 26, 2017