NYSE:GIL

Gildan Activewear (GIL) Stock Price, News & Analysis

$35.31
+0.24 (+0.68%)
(As of 04/26/2024 ET)
Today's Range
$35.21
$35.58
50-Day Range
$33.80
$37.85
52-Week Range
$26.98
$38.87
Volume
199,185 shs
Average Volume
815,920 shs
Market Capitalization
$5.95 billion
P/E Ratio
11.65
Dividend Yield
2.32%
Price Target
$41.25

Gildan Activewear MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
16.9% Upside
$41.25 Price Target
Short Interest
Healthy
0.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.38
Upright™ Environmental Score
News Sentiment
0.44mentions of Gildan Activewear in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.86%
From $2.94 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.

4.57 out of 5 stars

Consumer Discretionary Sector

21st out of 267 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

2nd 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 investors dress down board’s refresh strategy
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Gildan Refreshes Board Amid Proxy Fight
Stocks in play: Gildan Activewear Inc
The Gildan Age
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 4/8 Dividend
3/12/2024
Dividend Payable
4/08/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/01/2024
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
$41.25
High Stock Price Target
$53.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+16.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Net Income
$533.58 million
Pretax Margin
17.65%

Debt

Sales & Book Value

Annual Sales
$3.20 billion
Cash Flow
$3.34 per share
Book Value
$11.49 per share

Miscellaneous

Free Float
165,230,000
Market Cap
$5.95 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: $1.38M
  • 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: $816.77k
  • Mr. Benito A. Masi (Age 68)
    President of Manufacturing
    Comp: $1.45M
  • Mr. Vincent J. Tyra (Age 58)
    President, CEO & Director
  • Mr. Jason DeHaan
    Chief Information Officer
  • Ms. Sophie Argiriou
    Vice President of Investor Communications
  • 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?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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?

12 brokers have issued 1-year 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 stock price to reach $41.25 in the next twelve months. This suggests a possible upside of 16.9% 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 shares have increased by 6.8% and is now trading at $35.30.
View the best growth stocks for 2024 here
.

Are investors shorting Gildan Activewear?

Gildan Activewear saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,540,000 shares, an increase of 18.5% from the March 31st total of 1,300,000 shares. Based on an average daily trading volume, of 810,200 shares, the short-interest ratio is presently 1.9 days. Approximately 0.9% 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 Wednesday, May 1st 2024.
View our GIL earnings forecast
.

How can I listen to Gildan Activewear's earnings call?

Gildan Activewear will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "9371601#".

How were Gildan Activewear's earnings last quarter?

Gildan Activewear Inc. (NYSE:GIL) issued its quarterly earnings results on Wednesday, February, 21st. The textile maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.72 by $0.03. The textile maker earned $782.70 million during the quarter, compared to analyst estimates of $753.35 million. Gildan Activewear had a trailing twelve-month return on equity of 23.19% and a net margin of 16.70%. The business's quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 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 Tuesday, February 20th. Stockholders of record on Wednesday, March 13th will be given a dividend of $0.205 per share on Monday, April 8th. This represents a $0.82 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Tuesday, March 12th. This is a boost from the stock's previous quarterly dividend of $0.19.
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 2.30%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.06%. 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 issued shares were payable to shareholders after the closing bell 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 updated its FY 2024 earnings guidance on Monday, April, 15th. The company provided EPS guidance of 2.920-3.070 for the period, compared to the consensus EPS estimate of 2.950. The company issued revenue guidance of -.

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 many different institutional and retail investors. Top institutional investors include Cardinal Capital Management Inc. (1.70%), Vaughan Nelson Investment Management L.P. (0.71%), Sumitomo Mitsui Trust Holdings Inc. (0.18%), Addenda Capital Inc. (0.13%), Azzad Asset Management Inc. ADV (0.06%) and Game Plan Financial Advisors LLC (0.04%).

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 4/26/2024 by MarketBeat.com Staff

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