TSE:GIL Q1 EPS Estimate Reduced by National Bank Financial

Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - Equities research analysts at National Bank Financial lowered their Q1 2025 earnings estimates for shares of Gildan Activewear in a report issued on Sunday, April 20th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings per share of $0.79 for the quarter, down from their prior estimate of $0.81. The consensus estimate for Gildan Activewear's current full-year earnings is $4.55 per share. National Bank Financial also issued estimates for Gildan Activewear's Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $1.45 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.39 EPS, FY2026 earnings at $5.30 EPS and FY2027 earnings at $5.78 EPS.

Gildan Activewear (TSE:GIL - Get Free Report) NYSE: GIL last announced its quarterly earnings results on Wednesday, February 19th. The company reported C$0.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.82 by C$0.01. Gildan Activewear had a return on equity of 23.10% and a net margin of 13.05%. During the same quarter in the prior year, the business posted $0.75 earnings per share.

Several other brokerages have also commented on GIL. UBS Group upgraded shares of Gildan Activewear from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 10th. Desjardins boosted their target price on Gildan Activewear from C$82.00 to C$87.00 and gave the company a "buy" rating in a report on Thursday, February 20th. Finally, National Bankshares dropped their price target on Gildan Activewear from C$83.00 to C$72.00 in a research note on Monday, April 21st. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of C$65.75.

Gildan Activewear Stock Up 0.1 %

GIL stock traded up C$0.04 during midday trading on Tuesday, reaching C$58.89. 403,584 shares of the company were exchanged, compared to its average volume of 437,234. The company has a market cap of C$6.39 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 4.55 and a beta of 1.64. The company has a debt-to-equity ratio of 101.26, a quick ratio of 0.87 and a current ratio of 2.31. Gildan Activewear has a 1-year low of C$44.23 and a 1-year high of C$79.11. The stock's 50-day simple moving average is C$65.23 and its 200 day simple moving average is C$67.84.

Gildan Activewear Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Monday, April 7th were paid a dividend of $0.226 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This is an increase from Gildan Activewear's previous quarterly dividend of $0.21. This represents a $0.90 annualized dividend and a yield of 1.54%. Gildan Activewear's dividend payout ratio is currently 29.76%.

Insiders Place Their Bets

In other news, Senior Officer Rhodri Harries sold 100,000 shares of the firm's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of C$78.08, for a total value of C$7,808,000.00. Also, Senior Officer Michael Schroeder sold 4,184 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of C$74.31, for a total transaction of C$310,923.50. Following the transaction, the insider now directly owns 51 shares of the company's stock, valued at C$3,789.94. This represents a 98.80 % decrease in their ownership of the stock. In the last ninety days, insiders sold 110,144 shares of company stock valued at $8,568,586. 2.26% of the stock is owned by company insiders.

Gildan Activewear Company Profile

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.