Gildan Activewear (GIL) Stock Price, News & Analysis

Company Overview

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. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks under the Gildan, Under Armour, GoldToe, Signature Gold by Goldtoe, Peds, MediPeds, All Pro, and GoldTeo Edition TM brands. In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.

Key Stats

• Today's Range: C$63.63 to C$64.04
• 50-Day Range: C$53.75 to C$63.75
• 52-Week Range: C$37.78 to C$64.34
• Volume: 122,467 shs
• Average Volume: 359,406 shs
• Market Capitalization: C$10.35 billion
• P/E Ratio: 19.40
• Dividend Yield: 1.74%
• Price Target: C$54.00
• Consensus Rating: Buy

Gildan Activewear Stock Analysis - MarketRank™

Gildan Activewear scored higher than 44% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Gildan Activewear has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Gildan Activewear has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Gildan Activewear is 19.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gildan Activewear is 19.41, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 386.14.

Price to Earnings Growth Ratio

Gildan Activewear has a PEG Ratio of 4.55. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Gildan Activewear has a P/B Ratio of 5.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GIL.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Gildan Activewear pays a meaningful dividend of 1.76%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Gildan Activewear does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Gildan Activewear is 33.84%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GIL.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for GIL on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Gildan Activewear insiders have sold 9,868.83% more of their company's stock than they have bought. Specifically, they have bought C$48,857.00 in company stock and sold C$4,870,471.00 in company stock.

Percentage Held by Insiders

Only 2.26% of the stock of Gildan Activewear is held by insiders.

Percentage Held by Institutions

88.37% of the stock of Gildan Activewear is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GIL Stock Analysis - Frequently Asked Questions

How have GIL shares performed this year?

Gildan Activewear's stock was trading at C$43.82 at the start of the year. Since then, GIL shares have increased by 45.3% and is now trading at C$63.68.
View the best growth stocks for 2024 here.

How were Gildan Activewear's earnings last quarter?

Gildan Activewear Inc. (TSE:GIL) released its quarterly earnings data on Thursday, August, 1st. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.99 by $0.02. The firm earned $1.18 billion during the quarter, compared to the consensus estimate of $1.17 billion. Gildan Activewear had a net margin of 13.01% and a trailing twelve-month return on equity of 21.95%.

How do I buy shares of Gildan Activewear?

Shares of GIL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Gildan Activewear own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gildan Activewear investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Chase (CCF), American River Bankshares (AMRB) and Invesco Senior Loan ETF (BKLN).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 9/16 Dividend: 8/22/2024
• Dividend Payable: 9/16/2024
• Today: 10/07/2024
• Next Earnings (Estimated): 11/07/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Apparel Manufacturing
• Sub-Industry: N/A
• Current Symbol: TSE:GIL
• CUSIP: N/A
• CIK: N/A
• Web: gildan.com
• Phone: +1-514-7352023
• Fax: N/A
• Employees: 47,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$54.00
• High Stock Price Target: C$67.00
• Low Stock Price Target: C$41.00
• Potential Upside/Downside: -15.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.28
• Trailing P/E Ratio: 19.44
• Forward P/E Ratio: 13.95
• P/E Growth: 4.55
• Net Income: C$417.75 million
• Net Margins: 13.01%
• Pretax Margin: N/A
• Return on Equity: 21.95%
• Return on Assets: 9.32%

Debt

• Debt-to-Equity Ratio: 72.52
• Current Ratio: 2.35
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: C$3.21 billion
• Price / Sales: 3.23
• Cash Flow: C$1.17 per share
• Price / Cash Flow: 54.35
• Book Value: C$11.19 per share
• Price / Book: 5.70

Miscellaneous

• Outstanding Shares: 162,610,000
• Free Float: N/A
• Market Cap: C$10.37 billion
• Optionable: Not Optionable
• Beta: 1.65