Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - Equities researchers at National Bank Financial upped their FY2026 earnings per share estimates for shares of Gildan Activewear in a research note issued on Tuesday, February 4th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $5.64 per share for the year, up from their prior forecast of $5.35. The consensus estimate for Gildan Activewear's current full-year earnings is $4.55 per share.
GIL has been the subject of several other reports. UBS Group raised Gildan Activewear from a "hold" rating to a "strong-buy" rating in a report on Friday, January 10th. National Bankshares boosted their price target on Gildan Activewear from C$68.00 to C$74.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of C$57.20.
Read Our Latest Analysis on Gildan Activewear
Gildan Activewear Price Performance
Shares of TSE GIL traded down C$0.60 during midday trading on Thursday, reaching C$72.49. The company's stock had a trading volume of 326,574 shares, compared to its average volume of 273,890. The company has a market cap of C$11.79 billion, a P/E ratio of 22.17, a P/E/G ratio of 4.55 and a beta of 1.64. Gildan Activewear has a fifty-two week low of C$44.23 and a fifty-two week high of C$76.20. The company has a debt-to-equity ratio of 72.52, a quick ratio of 0.87 and a current ratio of 2.35. The business's 50 day moving average price is C$70.16 and its two-hundred day moving average price is C$65.01.
Insider Transactions at Gildan Activewear
In other news, Senior Officer Benito Masi sold 10,000 shares of the business's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$69.31, for a total transaction of C$693,102.00. Company insiders own 2.26% of the company's stock.
Gildan Activewear Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 16th were paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 1.13%. The ex-dividend date was Thursday, November 21st. Gildan Activewear's payout ratio is 33.94%.
About Gildan Activewear
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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.
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