Gildan Activewear Inc. (NYSE:GIL – Free Report) (TSE:GIL) – National Bank Financial increased their Q2 2025 EPS estimates for shares of Gildan Activewear in a note issued to investors on Tuesday, October 8th. National Bank Financial analyst V. Shreedhar now expects that the textile maker will earn $0.92 per share for the quarter, up from their prior estimate of $0.91. The consensus estimate for Gildan Activewear’s current full-year earnings is $2.92 per share. National Bank Financial also issued estimates for Gildan Activewear’s FY2025 earnings at $3.33 EPS and FY2026 earnings at $3.77 EPS.
A number of other research analysts have also recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Gildan Activewear from $43.00 to $47.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Stifel Nicolaus lifted their price target on Gildan Activewear from $51.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. Finally, Royal Bank of Canada lifted their price target on Gildan Activewear from $41.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $44.77.
Gildan Activewear Stock Performance
Shares of GIL opened at $47.64 on Thursday. The firm’s fifty day simple moving average is $44.46 and its two-hundred day simple moving average is $39.61. Gildan Activewear has a 12 month low of $27.24 and a 12 month high of $47.75. The stock has a market capitalization of $7.89 billion, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 1.81 and a beta of 1.43. The company has a current ratio of 2.35, a quick ratio of 0.97 and a debt-to-equity ratio of 0.55.
Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last announced its quarterly earnings data on Thursday, August 1st. The textile maker reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.03. Gildan Activewear had a return on equity of 24.96% and a net margin of 13.01%. The business had revenue of $862.20 million during the quarter, compared to the consensus estimate of $851.10 million. During the same period in the prior year, the company earned $0.63 EPS. Gildan Activewear’s revenue for the quarter was up 2.6% on a year-over-year basis.
Hedge Funds Weigh In On Gildan Activewear
Large investors have recently added to or reduced their stakes in the stock. Creative Planning grew its holdings in shares of Gildan Activewear by 12.8% in the third quarter. Creative Planning now owns 13,248 shares of the textile maker’s stock valued at $624,000 after purchasing an additional 1,505 shares during the period. Willis Investment Counsel increased its stake in Gildan Activewear by 3.9% during the 3rd quarter. Willis Investment Counsel now owns 34,545 shares of the textile maker’s stock worth $1,627,000 after buying an additional 1,296 shares during the period. CWM LLC raised its stake in shares of Gildan Activewear by 23.0% in the third quarter. CWM LLC now owns 1,698 shares of the textile maker’s stock valued at $80,000 after acquiring an additional 318 shares in the last quarter. Azzad Asset Management Inc. ADV increased its stake in shares of Gildan Activewear by 0.5% during the third quarter. Azzad Asset Management Inc. ADV now owns 109,947 shares of the textile maker’s stock worth $5,180,000 after buying an additional 577 shares during the period. Finally, Aristides Capital LLC grew its stake in shares of Gildan Activewear by 4.3% during the second quarter. Aristides Capital LLC now owns 7,617 shares of the textile maker’s stock worth $289,000 after purchasing an additional 314 shares in the last quarter. 82.83% of the stock is currently owned by institutional investors and hedge funds.
Gildan Activewear Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Thursday, August 22nd were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Thursday, August 22nd. Gildan Activewear’s payout ratio is presently 27.70%.
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.
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