NYSE:GILGildan Activewear Stock Price, Forecast & News

$14.34

+1.09 (+8.23 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$13.57

Now: $14.34▼

$14.41

50-Day Range

$12.50

MA: $14.32▼

$16.24

52-Week Range

$9.42

Now: $14.34▼

$40.40

Volume1.89 million shs

Average Volume1.30 million shs

Market Capitalization$2.84 billion

P/E Ratio21.73

Dividend Yield4.65%

Beta1.34

Gildan Activewear Inc. manufactures and sells a range of apparel products in North America, Europe, the Asia-Pacific, and Latin America. The company manufactures and markets active wear products, including T-shirts, fleece tops and bottoms, and sport shirts under Gildan, Gildan Performance, Gildan Platinum, Gildan Hammer, Comfort Colors, American Apparel, Anvil, Alstyle, and Gold Toe brands. It also offers athletic, dress, casual, workwear, liner, and therapeutic socks, as well as sheer panty hose, tights, and leggings under the Gildan, Gildan Platinum, Under Armour, Gold Toe, PowerSox, GT a Gold Toe Brand, Silver Toe, Signature Gold by Goldtoe, Peds, MediPeds, Kushyfoot, Therapy Plus, All Pro, Secret, Silks, Secret Silky, and American Apparel brand names. In addition, the company provides men's and boys' top and bottom underwear, and ladies panties under Gildan, Gildan Platinum, and American Apparel brand names; and ladies shapewear, intimates, and accessories under Secret, Secret Silky, and American Apparel brand names, as well as other products, such as denim, jackets, sweaters, bodysuits, skirts, dresses, and accessories. It offers its products through wholesale distributors, screen printers/embellishers, and retailers, as well as through its e-commerce platforms. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was incorporated in 1984 and is headquartered in Montreal, Canada.

Beat the Market (BTM) Rank^™

4.1 Analyst's Opinion

Consensus Rating
Gildan Activewear has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $23.91, Gildan Activewear has a potential upside of 66.7% from its current price of $14.34.
Amount of Analyst Coverage
Gildan Activewear has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Gildan Activewear has received 630 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gildan Activewear has received 517 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gildan Activewear has received 54.93% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Gildan Activewear and other stocks. Vote “Outperform” if you believe GIL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GIL will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Gildan Activewear is a leading dividend payer. It pays a dividend yield of 4.65%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gildan Activewear has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Gildan Activewear is 37.35 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Gildan Activewear will have a dividend payout ratio of 46.97 % next year. This indicates that Gildan Activewear will be able to sustain or increase its dividend.

1.0 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 Institutions
75.23% of the stock of Gildan Activewear is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Gildan Activewear are expected to grow by 206.98% in the coming year, from $0.43 to $1.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gildan Activewear is 21.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gildan Activewear is 21.73, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.26.
Price to Earnings Growth Ratio
Gildan Activewear has a PEG Ratio of 4.45. 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 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.77 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Apparel, finished products from fabrics & similar materials

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNYSE:GIL

Previous Symbol

CUSIPN/A

CIK1061894

Webwww.gildan.com

Phone514-735-2023

Debt

Debt-to-Equity Ratio0.99

Current Ratio5.41

Quick Ratio2.35

Price-To-Earnings

Trailing P/E Ratio21.73

Forward P/E Ratio33.35

P/E Growth4.45

Sales & Book Value

Annual Sales$2.82 billion

Price / Sales1.01

Cash Flow$2.70 per share

Price / Cash Flow5.31

Book Value$9.22 per share

Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)$1.66

Net Income$259.81 million

Net Margins5.18%

Return on Equity17.38%

Return on Assets9.32%

Miscellaneous

Employees53,000

Outstanding Shares198,190,000

Market Cap$2.84 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Gildan Activewear (NYSE:GIL) Frequently Asked Questions

How has Gildan Activewear's stock been impacted by COVID-19 (Coronavirus)?

Gildan Activewear's stock was trading at $19.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GIL stock has decreased by 25.7% and is now trading at $14.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Gildan Activewear?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gildan Activewear.

When is Gildan Activewear's next earnings date?

Gildan Activewear is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Gildan Activewear.

How were Gildan Activewear's earnings last quarter?

Gildan Activewear Inc (NYSE:GIL) posted its quarterly earnings results on Wednesday, April, 29th. The textile maker reported $0.06 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.05. The textile maker earned $459.10 million during the quarter, compared to analysts' expectations of $481.17 million. Gildan Activewear had a return on equity of 17.38% and a net margin of 5.18%. Gildan Activewear's revenue for the quarter was down 26.4% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS. View Gildan Activewear's earnings history.

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

Gildan Activewear declared a quarterly dividend on Friday, February 21st. Shareholders of record on Thursday, March 12th will be given a dividend of $0.154 per share on Monday, April 6th. This represents a $0.62 annualized dividend and a dividend yield of 4.30%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Gildan Activewear's previous quarterly dividend of $0.13. View Gildan Activewear's dividend history.

When did Gildan Activewear's stock split? How did Gildan Activewear's stock split work?

Gildan Activewear shares 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.

What price target have analysts set for GIL?

12 brokers have issued 12-month price targets for Gildan Activewear's stock. Their forecasts range from $13.00 to $42.00. On average, they anticipate Gildan Activewear's share price to reach $23.91 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price. View analysts' price targets for Gildan Activewear.

Has Gildan Activewear been receiving favorable news coverage?

Press coverage about GIL stock has been trending extremely negative on Tuesday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gildan Activewear earned a news impact score of -5.0 on InfoTrie's scale. They also gave media stories about the textile maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutGildan Activewear.

Who are some of Gildan Activewear's key competitors?

Some companies that are related to Gildan Activewear include LI NING CO LTD/ADR (LNNGY), Levi Strauss & Co. (LEVI), Columbia Sportswear (COLM), Under Armour (UAA), Carter's (CRI), Canada Goose (GOOS), G-III Apparel Group (GIII), Superior Group of Companies (SGC), Jerash Holdings (US) (JRSH), Centric Brands (CTRC), Sequential Brands Group (SQBG), Ever-Glory International Group (EVK) and Tandy Brands Accessories (TBACQ). View all competitors.

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), First Data (FDC), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Air Canada (AC).

Who are Gildan Activewear's key executives?

Gildan Activewear's management team includes the following people:

Mr. Glenn J. Chamandy, Founder, Pres, CEO & Non-Independent Director (Age 58)
Mr. Rhodri J. Harries, Exec. VP, CFO & Chief Admin. Officer (Age 55)
Mr. Michael R. Hoffman, Pres of Sales, Marketing & Distribution (Age 56)
Mr. Benito A. Masi, Pres of Manufacturing (Age 63)
Mr. Chuck J. Ward, Sr. VP of Yarn Spinning

What is Gildan Activewear's stock symbol?

Gildan Activewear trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIL."

Who are Gildan Activewear's major shareholders?

Gildan Activewear's stock is owned by many different retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (6.92%), Janus Henderson Group PLC (5.07%), Guardian Capital LP (1.78%), EdgePoint Investment Group Inc. (1.43%), Cardinal Capital Management Inc. (1.23%) and Marathon Asset Management LLP (1.18%).

Which institutional investors are selling Gildan Activewear stock?

GIL stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, 1832 Asset Management L.P., 1832 Asset Management L.P., APG Asset Management N.V., APG Asset Management N.V., Toronto Dominion Bank, Mackenzie Financial Corp, and Guardian Capital LP.

Which institutional investors are buying Gildan Activewear stock?

GIL stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, BlackRock Inc., Two Sigma Investments LP, Morgan Stanley, Deutsche Bank AG, EdgePoint Investment Group Inc., Schroder Investment Management Group, and Cardinal Capital Management Inc..

How do I buy shares of Gildan Activewear?

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

What is Gildan Activewear's stock price today?

One share of GIL stock can currently be purchased for approximately $14.34.

How big of a company is Gildan Activewear?

Gildan Activewear has a market capitalization of $2.84 billion and generates $2.82 billion in revenue each year. The textile maker earns $259.81 million in net income (profit) each year or $1.66 on an earnings per share basis. Gildan Activewear employs 53,000 workers across the globe.

What is Gildan Activewear's official website?

The official website for Gildan Activewear is www.gildan.com.

How can I contact Gildan Activewear?

Gildan Activewear's mailing address is 600 BOULEVARD DE MAISONNEUVE OUEST 33RD FLOOR, MONTREAL A8, H3A 3J2. The textile maker can be reached via phone at 514-735-2023 or via email at [email protected]

This page was last updated on 5/26/2020 by MarketBeat.com Staff