Desjardins Forecasts Higher Earnings for Gildan Activewear

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) – Equities research analysts at Desjardins boosted their Q4 2025 earnings estimates for shares of Gildan Activewear in a research report issued on Thursday, October 30th. Desjardins analyst C. Li now anticipates that the textile maker will post earnings of $0.92 per share for the quarter, up from their previous forecast of $0.90. Desjardins currently has a “Buy” rating and a $95.00 target price on the stock. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its quarterly earnings results on Wednesday, October 29th. The textile maker reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. Gildan Activewear had a net margin of 14.13% and a return on equity of 35.90%. The business had revenue of $910.60 million for the quarter, compared to analysts’ expectations of $925.24 million. During the same period in the previous year, the company posted $0.85 EPS. Gildan Activewear’s revenue was up 2.2% on a year-over-year basis. Gildan Activewear has set its FY 2025 guidance at 3.450-3.510 EPS.

GIL has been the topic of several other reports. Wall Street Zen cut shares of Gildan Activewear from a “buy” rating to a “hold” rating in a report on Saturday, September 6th. Cfra Research upgraded shares of Gildan Activewear to a “hold” rating in a report on Monday, August 4th. National Bankshares restated an “outperform” rating on shares of Gildan Activewear in a report on Thursday, October 23rd. Royal Bank Of Canada lifted their price objective on shares of Gildan Activewear from $68.00 to $71.00 and gave the company an “outperform” rating in a research note on Monday, October 27th. Finally, CIBC lifted their price objective on shares of Gildan Activewear from $56.00 to $60.00 and gave the company an “outperformer” rating in a research note on Friday, August 1st. Twelve investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $72.15.

Gildan Activewear Trading Down 0.9%

Gildan Activewear stock opened at $58.29 on Friday. The company’s fifty day simple moving average is $57.59 and its 200-day simple moving average is $52.08. The company has a quick ratio of 1.67, a current ratio of 3.87 and a debt-to-equity ratio of 1.37. Gildan Activewear has a 12 month low of $37.16 and a 12 month high of $62.56. The stock has a market cap of $8.69 billion, a P/E ratio of 18.62, a P/E/G ratio of 1.93 and a beta of 1.20.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Maseco LLP acquired a new position in Gildan Activewear during the 2nd quarter worth $26,000. Smartleaf Asset Management LLC lifted its position in Gildan Activewear by 161.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 555 shares of the textile maker’s stock worth $27,000 after acquiring an additional 343 shares during the last quarter. Twin Tree Management LP acquired a new position in Gildan Activewear during the 1st quarter worth $29,000. Olde Wealth Management LLC acquired a new position in Gildan Activewear during the 1st quarter worth $29,000. Finally, Farther Finance Advisors LLC lifted its position in Gildan Activewear by 240.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 738 shares of the textile maker’s stock worth $43,000 after acquiring an additional 521 shares during the last quarter. Institutional investors and hedge funds own 82.83% of the company’s stock.

Gildan Activewear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Wednesday, November 19th will be given a dividend of $0.226 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.90 dividend on an annualized basis and a yield of 1.6%. Gildan Activewear’s payout ratio is currently 28.57%.

About Gildan Activewear

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.