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: $48.61 to $49.32
• 50-Day Range: $44.75 to $50.24
• 52-Week Range: $30.68 to $50.58
• Volume: 4.46 million shs
• Average Volume: 626,039 shs
• Market Capitalization: $7.55 billion
• P/E Ratio: 19.37
• Dividend Yield: 1.67%
• Price Target: $50.85
• Consensus Rating: Moderate Buy

Gildan Activewear Stock Analysis - MarketRank™

Gildan Activewear scored higher than 83% of companies evaluated by MarketBeat, and ranked 67th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Gildan Activewear has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Gildan Activewear has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 13.80%

Earnings Growth

Earnings for Gildan Activewear are expected to grow by 13.80% in the coming year, from $2.97 to $3.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gildan Activewear is 19.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gildan Activewear is 19.37, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.99.

Price to Earnings Growth Ratio

Gildan Activewear has a PEG Ratio of 1.81. 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 4.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.52% of the float of Gildan Activewear has been sold short.

Short Interest Ratio / Days to Cover

Gildan Activewear has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gildan Activewear has recently increased by 2.23%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Gildan Activewear pays a meaningful dividend of 1.69%, 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 32.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Gildan Activewear will have a dividend payout ratio of 24.26% next year. This indicates that Gildan Activewear will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -4.38

Percentage of Shares Shorted

1.52% of the float of Gildan Activewear has been sold short.

Short Interest Ratio / Days to Cover

Gildan Activewear has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gildan Activewear has recently increased by 2.23%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.72

News Sentiment

Gildan Activewear has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Gildan Activewear this week, compared to 8 articles on an average week.

Search Interest

13 people have searched for GIL on MarketBeat in the last 30 days. This is an increase of 550% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gildan Activewear insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.99% of the stock of Gildan Activewear is held by insiders.

Percentage Held by Institutions

82.83% 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 $33.06 at the beginning of the year. Since then, GIL shares have increased by 48.2% and is now trading at $49.01.
View the best growth stocks for 2024 here.

How were Gildan Activewear's earnings last quarter?

Gildan Activewear Inc. (NYSE:GIL) announced its quarterly earnings data on Thursday, October, 31st. The textile maker reported $0.85 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.85. The company's revenue was up 2.4% compared to the same quarter last year.

When did Gildan Activewear's stock split?

Gildan Activewear shares split on the morning of Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly minted shares were payable to shareholders after the closing bell on Friday, March 27th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Gildan Activewear's major shareholders?

Gildan Activewear's top institutional shareholders include FMR LLC (5.81%), Janus Henderson Group PLC (4.44%), Cardinal Capital Management Inc. (1.74%) and Simcoe Capital Management LLC (1.55%).

How do I buy shares of Gildan Activewear?

Shares of GIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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 NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Ex-Dividend for 9/16 Dividend: 8/22/2024
• Dividend Payable: 9/16/2024
• Last Earnings: 10/31/2024
• Today: 11/20/2024
• Ex-Dividend for 12/16 Dividend: 11/21/2024
• Dividend Payable: 12/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Apparel, finished products from fabrics & similar materials
• Sub-Industry: Apparel
• Current Symbol: NYSE:GIL
• CUSIP: N/A
• CIK: 1061894
• Web: www.gildan.com
• Phone: (514) 735-2023
• Fax: 514-735-6810
• Employees: 43,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $50.85
• High Stock Price Target: $60.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +3.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.53
• Trailing P/E Ratio: 19.37
• Forward P/E Ratio: 16.50
• P/E Growth: 1.81
• Net Income: $533.58 million
• Net Margins: 13.06%
• Pretax Margin: 16.06%
• Return on Equity: 26.88%
• Return on Assets: 13.38%

Debt

• Debt-to-Equity Ratio: 0.81
• Current Ratio: 2.31
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $3.20 billion
• Price / Sales: 2.36
• Cash Flow: $3.42 per share
• Price / Cash Flow: 14.32
• Book Value: $11.49 per share
• Price / Book: 4.27

Miscellaneous

• Outstanding Shares: 154,060,000
• Free Float: 150,990,000
• Market Cap: $7.55 billion
• Optionable: Optionable
• Beta: 1.44