Stifel Canada Expects Reduced Earnings for Gildan Activewear

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Research analysts at Stifel Canada reduced their FY2025 earnings per share (EPS) estimates for Gildan Activewear in a report issued on Tuesday, April 29th. Stifel Canada analyst M. Landry now anticipates that the company will post earnings per share of $4.92 for the year, down from their previous estimate of $4.97. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. Stifel Canada also issued estimates for Gildan Activewear’s FY2026 earnings at $5.56 EPS.

A number of other research analysts have also weighed in on the company. Barclays raised Gildan Activewear to a “strong-buy” rating in a research report on Monday, April 28th. Desjardins reduced their price target on Gildan Activewear from C$87.00 to C$80.00 and set a “buy” rating for the company in a report on Wednesday. National Bankshares dropped their price target on shares of Gildan Activewear from C$83.00 to C$72.00 in a research note on Monday, April 21st. Finally, UBS Group raised shares of Gildan Activewear from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 10th. Four research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$64.00.

Gildan Activewear Price Performance

Shares of TSE GIL opened at C$65.45 on Friday. The company has a 50 day simple moving average of C$63.71 and a two-hundred day simple moving average of C$67.75. Gildan Activewear has a fifty-two week low of C$44.26 and a fifty-two week high of C$79.11. The company has a market capitalization of C$7.11 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 4.55 and a beta of 1.64. The company has a debt-to-equity ratio of 101.26, a quick ratio of 0.87 and a current ratio of 2.31.

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

Gildan Activewear Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors 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 annualized dividend and a yield of 1.38%. Gildan Activewear’s payout ratio is 29.76%.

Insiders Place Their Bets

In other Gildan Activewear news, Senior Officer John Maness sold 1,661 shares of Gildan Activewear stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of C$68.77, for a total value of C$114,234.28. Also, Senior Officer Michael Schroeder sold 4,299 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of C$78.02, for a total transaction of C$335,428.68. In the last 90 days, insiders sold 110,144 shares of company stock valued at $8,568,586. 2.26% of the stock is owned by insiders.

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.