Desjardins Forecasts Reduced Earnings for Gildan Activewear

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Investment analysts at Desjardins dropped their Q2 2025 earnings estimates for shares of Gildan Activewear in a research note issued to investors on Monday, July 28th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $1.30 for the quarter, down from their previous forecast of $1.35. Desjardins currently has a “Buy” rating and a $80.00 price target 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 $1.34 EPS and FY2025 earnings at $4.63 EPS.

GIL has been the subject of a number of other research reports. National Bankshares lowered their price target on Gildan Activewear from C$83.00 to C$72.00 in a research report on Monday, April 21st. Scotiabank raised Gildan Activewear to a “strong-buy” rating in a report on Wednesday, May 28th. Finally, Barclays upgraded shares of Gildan Activewear to a “strong-buy” rating in a report on Monday, April 28th. Four equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and an average target price of C$64.00.

Gildan Activewear Trading Down 0.1%

TSE:GIL opened at C$71.44 on Wednesday. The company has a market capitalization of C$7.76 billion, a P/E ratio of 19.16, a PEG ratio of 4.55 and a beta of 1.64. The company has a current ratio of 2.31, a quick ratio of 0.87 and a debt-to-equity ratio of 101.26. Gildan Activewear has a 12 month low of C$52.77 and a 12 month high of C$79.11. The firm has a fifty day simple moving average of C$67.69 and a 200-day simple moving average of C$67.63.

Gildan Activewear Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 16th were issued a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Tuesday, May 20th. Gildan Activewear’s payout ratio is presently 29.76%.

Insider Activity at Gildan Activewear

In related news, Senior Officer Benito Masi sold 15,000 shares of the stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of C$68.66, for a total transaction of C$1,029,840.00. Also, Senior Officer Juan Carlos Contreras Y. Contreras sold 4,900 shares of the firm’s stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of C$65.00, for a total transaction of C$318,490.20. Following the sale, the insider owned 144 shares in the company, valued at approximately C$9,359.71. This represents a 97.15% decrease in their position. Corporate 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.