Gildan Activewear Inc. (TSE:GIL – Free Report) (NYSE:GIL) – Research analysts at Scotiabank lifted their FY2026 EPS estimates for Gildan Activewear in a research report issued to clients and investors on Tuesday, August 4th. Scotiabank analyst J. Zamparo now forecasts that the company will post earnings per share of $6.52 for the year, up from their previous estimate of $5.72. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. Scotiabank also issued estimates for Gildan Activewear’s FY2027 earnings at $7.84 EPS.
Several other research firms have also recently weighed in on GIL. National Bank Financial upped their price objective on Gildan Activewear from C$105.00 to C$107.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Desjardins set a C$108.00 price target on shares of Gildan Activewear and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Gildan Activewear has an average rating of “Moderate Buy” and a consensus target price of C$89.50.
Gildan Activewear Stock Up 0.2%
Gildan Activewear stock opened at C$81.60 on Friday. The stock has a market capitalization of C$15.11 billion, a PE ratio of 160.00, a price-to-earnings-growth ratio of 4.55 and a beta of 1.51. The company has a quick ratio of 0.87, a current ratio of 1.93 and a debt-to-equity ratio of 145.29. Gildan Activewear has a twelve month low of C$63.41 and a twelve month high of C$100.44. The company has a 50 day moving average of C$76.21 and a 200-day moving average of C$81.93.
Gildan Activewear (TSE:GIL – Get Free Report) (NYSE:GIL) last released its quarterly earnings results on Thursday, July 30th. The company reported C$1.82 EPS for the quarter. Gildan Activewear had a return on equity of 2.12% and a net margin of 1.33%.The company had revenue of C$1.13 billion for the quarter.
Gildan Activewear Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 14th will be paid a $0.249 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, August 20th. Gildan Activewear’s dividend payout ratio (DPR) is currently 186.27%.
Insiders Place Their Bets
In related news, Director Deepak Kumar Khandelwal purchased 5,000 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average price of C$79.80 per share, with a total value of C$399,000.00. Following the transaction, the director directly owned 5,000 shares of the company’s stock, valued at C$399,000. This trade represents a ∞ increase in their ownership of the stock. 2.26% of the stock is currently owned by corporate insiders.
Gildan Activewear Company Profile
Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, Hanes®, Comfort Colors®, American Apparel®, ALLPRO¿, GOLDTOE®, Peds®, Bali®, Playtex®, Maidenform®, Bonds®, as well as Champion® which is under an exclusive licensing agreement for the printwear channel in the U.S.
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