How have GIL shares performed this year?

Gildan Activewear's stock was trading at C$43.82 at the beginning of the year. Since then, GIL stock has increased by 26.0% and is now trading at C$55.23. View the best growth stocks for 2024 here .

How were Gildan Activewear's earnings last quarter?

Gildan Activewear Inc. (TSE:GIL) posted its earnings results on Wednesday, May, 1st. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.08. The business had revenue of $938.04 million for the quarter, compared to analyst estimates of $956.47 million. Gildan Activewear had a net margin of 16.14% and a trailing twelve-month return on equity of 26.88%.

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 .

What other stocks do shareholders of Gildan Activewear own?

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

TSE:GIL

Gildan Activewear (GIL) Stock Price, News & Analysis

C$55.23

+1.24 (+2.30%)

(As of 07/26/2024 ET)

Compare

Today's Range: C$54.32
▼
C$55.68
50-Day Range: C$48.14
▼
C$54.19
52-Week Range: C$36.42
▼
C$55.68

Volume: 302,700 shs
Average Volume: 328,303 shs
Market Capitalization: C$9.31 billion

P/E Ratio: 13.70
Dividend Yield: 2.05%
Price Target: C$46.80

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Gildan Activewear MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 15.3% Downside
C$46.80 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.08
Based on 8 Articles This Week
Insider Trading: Selling Shares
C$1.28 M Sold Last Quarter
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.

1.11 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 1 research reports in the past 90 days.
Read more about Gildan Activewear's stock forecast and price target.

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 2.31%, 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 28.04%. This payout ratio is at a healthy, sustainable level, below 75%.
Read more about Gildan Activewear's dividend.

N/A

Sustainability and ESG

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

1.7

News and Social Media Coverage

News Sentiment
Gildan Activewear has a news sentiment score of 0.08. 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 lower news sentiment than the 0.32 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Gildan Activewear this week, compared to 4 articles on an average week.
Search Interest
Only 4 people have searched for GIL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gildan Activewear insiders have sold 156.68% more of their company's stock than they have bought. Specifically, they have bought C$498,835.00 in company stock and sold C$1,280,422.00 in company stock.
Percentage Held by Insiders
Only 2.17% of the stock of Gildan Activewear is held by insiders.
Percentage Held by Institutions
87.11% of the stock of Gildan Activewear is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Gildan Activewear's insider trading history.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gildan Activewear is 13.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gildan Activewear is 13.70, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 388.60.
Price to Earnings Growth Ratio
Gildan Activewear has a PEG Ratio of 3.54. 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 4.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Gildan Activewear's valuation and earnings.

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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

July 23 at 8:56 PM | ca.finance.yahoo.com

GIL Dec 2024 35.000 call

July 23 at 10:49 AM | finance.yahoo.com

Gildan® Expands Beloved Every Day, Affordable Men's Basics at Walmart

July 26, 2024 | Unstoppable Prosperity (Ad)

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July 23 at 10:49 AM | benzinga.com

Gildan Activewear (NYSE:GIL) Stock, Short Interest Report

July 22, 2024 | americanbankingnews.com

Q2 2024 EPS Estimates for Gildan Activewear Inc. Decreased by Analyst (TSE:GIL)

May 29, 2024 | financialpost.com

Gildan CEO lands 84% of votes in board election, other nominees see high support

May 29, 2024 | msn.com

Activist Browning West Emerges as Kingmaker After Gildan Board Coup

May 27, 2024 | theglobeandmail.com

Gildan shareholders set to vote on proposal to investigate allegations of human-rights abuses

July 26, 2024 | Unstoppable Prosperity (Ad)

“Generational Bull Run” Incoming

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May 24, 2024 | msn.com

Gildan Activewear shares climb after board resigns, ousted CEO returns

May 24, 2024 | finance.yahoo.com

Gildan’s Entire Board Resigns, Handing Victory to Activist Browning West

May 24, 2024 | bizjournals.com

Saga over control of Gildan abruptly ends with veteran CEO restored, new board in place

May 23, 2024 | msn.com

Gildan’s Board Resigns En Masse as Activist Investor Triumphs

May 23, 2024 | msn.com

Gildan Board, CEO Resign After Fund Wins Proxy Fight

May 23, 2024 | ca.finance.yahoo.com

Canadian apparel maker Gildan's board resigns, ex-CEO Chamandy returns

May 20, 2024 | seekingalpha.com

Gildan Is Too Uncertain Before The Shareholder Meeting On May 28th

May 20, 2024 | msn.com

Glass Lewis opposes Gildan Activewear board

May 17, 2024 | theglobeandmail.com

Advisory service ISS endorses Browning West’s proposed slate of directors for Gildan

See More Headlines

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Company Calendar

Last Earnings: 5/01/2024
Ex-Dividend for 6/17 Dividend: 5/22/2024
Dividend Payable: 6/17/2024
Today: 7/26/2024
Next Earnings (Confirmed): 8/01/2024

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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$46.80
High Stock Price Target: C$57.00
Low Stock Price Target: C$35.00
Potential Upside/Downside: -15.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.03
Trailing P/E Ratio: 13.77
Forward P/E Ratio: 13.67
P/E Growth: 3.54
Net Income: C$514.63 million
Net Margins: 16.14%
Pretax Margin: N/A
Return on Equity: 26.88%
Return on Assets: 9.45%

Debt

Debt-to-Equity Ratio: 64.76
Current Ratio: 2.38
Quick Ratio: 0.87

Sales & Book Value

Annual Sales: C$3.19 billion
Price / Sales: 2.93
Cash Flow: C$1.02 per share
Price / Cash Flow: 54.35
Book Value: C$11.44 per share
Price / Book: 4.85

Miscellaneous

Outstanding Shares: 168,590,000
Free Float: N/A
Market Cap: C$9.36 billion
Optionable: Not Optionable
Beta: 1.63

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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

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Insiders

View All Insider Transactions

GIL Stock Analysis - Frequently Asked Questions

How have GIL shares performed this year?: Gildan Activewear's stock was trading at C$43.82 at the beginning of the year. Since then, GIL stock has increased by 26.0% and is now trading at C$55.23.
View the best growth stocks for 2024 here.
How were Gildan Activewear's earnings last quarter?: Gildan Activewear Inc. (TSE:GIL) posted its earnings results on Wednesday, May, 1st. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.08. The business had revenue of $938.04 million for the quarter, compared to analyst estimates of $956.47 million. Gildan Activewear had a net margin of 16.14% and a trailing twelve-month return on equity of 26.88%.
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.
What other stocks do shareholders of Gildan Activewear own?: Based on aggregate information from My MarketBeat watchlists, some other companies that Gildan Activewear investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Chase (CCF), American River Bankshares (AMRB) and Invesco Senior Loan ETF (BKLN).