Desjardins Issues Pessimistic Forecast for TSE:GIL Earnings

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Research analysts at Desjardins decreased their Q2 2025 earnings per share (EPS) estimates for shares of Gildan Activewear in a note issued to investors on Wednesday, April 30th. Desjardins analyst C. Li now anticipates that the company will earn $1.35 per share for the quarter, down from their previous forecast of $1.41. Desjardins has a “Buy” rating and a $80.00 price objective on the stock. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. Desjardins also issued estimates for Gildan Activewear’s Q3 2025 earnings at $1.38 EPS, Q4 2025 earnings at $1.18 EPS and FY2026 earnings at $5.32 EPS.

A number of other brokerages also recently commented on GIL. National Bankshares cut their price objective on shares of Gildan Activewear from C$83.00 to C$72.00 in a research report on Monday, April 21st. Barclays upgraded shares of Gildan Activewear to a “strong-buy” rating in a research report on Monday, April 28th. Finally, UBS Group upgraded Gildan Activewear from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 10th. Four analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$64.00.

Gildan Activewear Stock Performance

TSE GIL opened at C$65.45 on Friday. The firm has a market cap of C$7.11 billion, a P/E ratio of 17.55, a P/E/G ratio of 4.55 and a beta of 1.64. The company has a quick ratio of 0.87, a current ratio of 2.31 and a debt-to-equity ratio of 101.26. The business’s 50-day moving average price is C$63.71 and its 200 day moving average price is C$67.75. Gildan Activewear has a 52-week low of C$44.26 and a 52-week high of C$79.11.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last posted its quarterly earnings results on Wednesday, February 19th. The company reported C$0.83 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.01. Gildan Activewear had a return on equity of 23.10% and a net margin of 13.05%. During the same period in the previous year, the firm earned $0.75 EPS.

Gildan Activewear Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Tuesday, May 20th will be issued a $0.226 dividend. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a $0.90 dividend on an annualized basis and a yield of 1.38%. Gildan Activewear’s dividend payout ratio (DPR) is presently 29.76%.

Insider Activity

In other Gildan Activewear news, Senior Officer Michael Schroeder sold 4,184 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of C$74.31, for a total value of C$310,923.50. Following the sale, the insider now owns 51 shares of the company’s stock, valued at C$3,789.94. This represents a 98.80 % decrease in their ownership of the stock. Also, Senior Officer Rhodri Harries sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of C$78.08, for a total transaction of C$7,808,000.00. In the last three months, insiders sold 110,144 shares of company stock worth $8,568,586. Company insiders own 2.26% of the company’s stock.

Gildan Activewear Company Profile

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels.