Q1 EPS Forecast for Gildan Activewear Reduced by Analyst

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – Equities researchers at National Bank Financial lowered their Q1 2026 earnings per share estimates for Gildan Activewear in a research report issued on Sunday, April 20th. National Bank Financial analyst V. Shreedhar now forecasts that the textile maker will earn $0.63 per share for the quarter, down from their prior estimate of $0.65. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. National Bank Financial also issued estimates for Gildan Activewear’s Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $1.13 EPS, Q4 2026 earnings at $1.00 EPS and FY2027 earnings at $4.16 EPS.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings results on Wednesday, February 19th. The textile maker reported $0.83 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.30). The business had revenue of $822.00 million for the quarter, compared to analysts’ expectations of $805.75 million. Gildan Activewear had a net margin of 12.26% and a return on equity of 28.80%. Gildan Activewear’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 EPS.

Several other research firms have also issued reports on GIL. UBS Group boosted their price target on Gildan Activewear from $60.00 to $69.00 and gave the company a “buy” rating in a report on Thursday, February 20th. TD Securities boosted their price objective on Gildan Activewear from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, February 20th. CIBC raised their target price on shares of Gildan Activewear from $56.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, February 20th. Canaccord Genuity Group upped their price target on shares of Gildan Activewear from $53.00 to $58.00 and gave the stock a “buy” rating in a research report on Thursday, February 20th. Finally, Citigroup raised their price objective on shares of Gildan Activewear from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Thursday, February 20th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $60.00.

Gildan Activewear Trading Up 2.5 %

Shares of GIL stock opened at $41.85 on Tuesday. Gildan Activewear has a 1 year low of $32.23 and a 1 year high of $55.39. The firm has a fifty day moving average price of $46.39 and a 200-day moving average price of $47.98. The company has a market cap of $6.34 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 1.76 and a beta of 1.16. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.22 and a quick ratio of 0.98.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in Gildan Activewear by 7.0% during the third quarter. Geode Capital Management LLC now owns 637,407 shares of the textile maker’s stock valued at $29,708,000 after buying an additional 41,735 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Gildan Activewear during the 3rd quarter worth approximately $969,000. Wilmington Savings Fund Society FSB bought a new position in shares of Gildan Activewear during the 3rd quarter valued at approximately $597,000. Synovus Financial Corp grew its holdings in shares of Gildan Activewear by 76.1% in the third quarter. Synovus Financial Corp now owns 40,798 shares of the textile maker’s stock valued at $1,922,000 after purchasing an additional 17,634 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in Gildan Activewear by 6.5% in the third quarter. Franklin Resources Inc. now owns 35,135 shares of the textile maker’s stock worth $1,702,000 after purchasing an additional 2,138 shares during the last quarter. Institutional investors own 82.83% of the company’s stock.

Gildan Activewear Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Wednesday, March 12th were paid a $0.226 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $0.90 annualized dividend and a yield of 2.16%. This is a boost from Gildan Activewear’s previous quarterly dividend of $0.15. Gildan Activewear’s payout ratio is presently 36.00%.

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.