GIL FY2026 EPS Estimate Lifted by National Bank Financial

Gildan Activewear Inc. (NYSE:GIL - Free Report) TSE: GIL - Equities research analysts at National Bank Financial boosted their FY2026 EPS estimates for Gildan Activewear in a research note issued on Tuesday, February 4th. National Bank Financial analyst V. Shreedhar now expects that the textile maker will post earnings per share of $3.89 for the year, up from their prior estimate of $3.88. The consensus estimate for Gildan Activewear's current full-year earnings is $2.97 per share.

GIL has been the subject of several other reports. CIBC increased their price objective on Gildan Activewear from $48.00 to $56.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. TD Securities raised their price objective on Gildan Activewear from $58.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, December 2nd. BMO Capital Markets lifted their price objective on shares of Gildan Activewear from $47.00 to $58.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Stifel Nicolaus increased their target price on shares of Gildan Activewear from $54.00 to $60.00 and gave the company a "buy" rating in a report on Friday, November 1st. Finally, UBS Group upgraded shares of Gildan Activewear from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $50.00 to $60.00 in a report on Friday, January 10th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $54.78.

Gildan Activewear Stock Down 1.0 %

NYSE GIL traded down $0.51 during trading hours on Thursday, hitting $50.67. The company's stock had a trading volume of 464,658 shares, compared to its average volume of 486,843. The company has a market capitalization of $7.73 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 1.71 and a beta of 1.41. The company has a current ratio of 2.31, a quick ratio of 0.98 and a debt-to-equity ratio of 0.81. Gildan Activewear has a 52 week low of $32.23 and a 52 week high of $53.28. The company's 50-day simple moving average is $48.96 and its two-hundred day simple moving average is $46.92.

Institutional Investors Weigh In On Gildan Activewear

Large investors have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. increased its position in Gildan Activewear by 604.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,850,971 shares of the textile maker's stock worth $86,999,000 after buying an additional 1,588,071 shares during the last quarter. CIBC Asset Management Inc raised its stake in Gildan Activewear by 545.1% in the 4th quarter. CIBC Asset Management Inc now owns 1,210,314 shares of the textile maker's stock valued at $57,403,000 after acquiring an additional 1,022,695 shares during the period. Lord Abbett & CO. LLC purchased a new stake in Gildan Activewear during the third quarter valued at about $24,262,000. Bahl & Gaynor Inc. boosted its position in Gildan Activewear by 192.7% during the fourth quarter. Bahl & Gaynor Inc. now owns 742,149 shares of the textile maker's stock worth $34,918,000 after purchasing an additional 488,602 shares during the period. Finally, Janus Henderson Group PLC boosted its position in Gildan Activewear by 3.6% during the third quarter. Janus Henderson Group PLC now owns 6,841,572 shares of the textile maker's stock worth $322,298,000 after purchasing an additional 240,375 shares during the period. Hedge funds and other institutional investors own 82.83% of the company's stock.

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.