Gildan Activewear (TSE:GIL – Get Free Report) (NYSE:GIL) is scheduled to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Gildan Activewear to post earnings of C$0.72 per share for the quarter.
Gildan Activewear (TSE:GIL – Get Free Report) (NYSE:GIL) last issued its earnings results on Wednesday, February 21st. The company reported C$1.02 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.99 by C$0.03. The firm had revenue of C$1.07 billion for the quarter, compared to the consensus estimate of C$1.02 billion. Gildan Activewear had a return on equity of 27.79% and a net margin of 16.70%.
Gildan Activewear Trading Up 2.0 %
Shares of GIL stock opened at C$48.77 on Wednesday. The stock’s fifty day moving average price is C$48.23 and its two-hundred day moving average price is C$45.74. The company has a market cap of C$8.23 billion, a PE ratio of 11.84, a P/E/G ratio of 2.70 and a beta of 1.62. Gildan Activewear has a fifty-two week low of C$36.42 and a fifty-two week high of C$52.80. The company has a debt-to-equity ratio of 55.97, a quick ratio of 0.87 and a current ratio of 2.33.
Gildan Activewear Increases Dividend
Analysts Set New Price Targets
GIL has been the topic of a number of research analyst reports. Desjardins raised their target price on Gildan Activewear from C$53.00 to C$55.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. National Bankshares raised their target price on Gildan Activewear from C$52.00 to C$58.00 and gave the company an “outperform” rating in a report on Wednesday, March 20th. Finally, Royal Bank of Canada raised their price objective on Gildan Activewear from C$39.00 to C$41.00 and gave the company an “outperform” rating in a report on Thursday, February 22nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$47.00.
View Our Latest Stock Analysis on GIL
Gildan Activewear Company Profile
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.
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