Q2 EPS Estimates for Gildan Activewear Cut by Desjardins

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – Analysts at Desjardins dropped their Q2 2025 earnings per share (EPS) estimates for shares of Gildan Activewear in a research note issued to investors on Wednesday, April 30th. Desjardins analyst C. Li now expects that the textile maker will post earnings per share of $0.97 for the quarter, down from their prior forecast of $0.99. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. Desjardins also issued estimates for Gildan Activewear’s Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.85 EPS and FY2026 earnings at $3.83 EPS.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its quarterly earnings data on Tuesday, April 29th. The textile maker reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The business had revenue of $711.70 million for the quarter, compared to analyst estimates of $715.29 million. Gildan Activewear had a return on equity of 28.80% and a net margin of 12.26%. The company’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.59 earnings per share.

Several other equities research analysts have also recently issued reports on GIL. BMO Capital Markets lifted their price objective on shares of Gildan Activewear from $58.00 to $64.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. TD Securities upped their price objective on Gildan Activewear from $56.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday. Barclays started coverage on Gildan Activewear in a research report on Monday. They set an “overweight” rating and a $51.00 target price on the stock. Citigroup upped their price target on Gildan Activewear from $59.00 to $62.00 and gave the company a “buy” rating in a report on Thursday, February 20th. Finally, Canaccord Genuity Group increased their price target on shares of Gildan Activewear from $53.00 to $58.00 and gave the company a “buy” rating in a research note on Thursday, February 20th. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Gildan Activewear currently has a consensus rating of “Buy” and an average price target of $58.20.

Gildan Activewear Trading Up 3.0 %

NYSE GIL opened at $47.41 on Friday. Gildan Activewear has a 52 week low of $32.32 and a 52 week high of $55.39. The firm has a 50 day moving average of $44.93 and a two-hundred day moving average of $47.80. The company has a quick ratio of 0.98, a current ratio of 2.22 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $7.19 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 1.76 and a beta of 1.16.

Institutional Trading of Gildan Activewear

Large investors have recently bought and sold shares of the business. Forge First Asset Management Inc. raised its holdings in shares of Gildan Activewear by 108.0% in the fourth quarter. Forge First Asset Management Inc. now owns 46,600 shares of the textile maker’s stock valued at $2,191,000 after buying an additional 24,200 shares during the last quarter. CIBC Asset Management Inc raised its stake in Gildan Activewear by 545.1% during the 4th quarter. CIBC Asset Management Inc now owns 1,210,314 shares of the textile maker’s stock valued at $57,403,000 after acquiring an additional 1,022,695 shares during the last quarter. Truist Financial Corp raised its stake in Gildan Activewear by 76.8% during the 4th quarter. Truist Financial Corp now owns 19,401 shares of the textile maker’s stock valued at $913,000 after acquiring an additional 8,430 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Gildan Activewear by 80.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 245,926 shares of the textile maker’s stock worth $11,568,000 after acquiring an additional 109,993 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Gildan Activewear by 776.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 817,204 shares of the textile maker’s stock valued at $38,414,000 after purchasing an additional 723,962 shares during the last quarter. Institutional investors and hedge funds own 82.83% of the company’s stock.

Gildan Activewear Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Tuesday, May 20th will be issued a $0.226 dividend. The ex-dividend date is Tuesday, May 20th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.91%. Gildan Activewear’s payout ratio is 34.75%.

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.