Gildan Activewear (GIL) Scheduled to Post Earnings on Friday
Gildan Activewear (NYSE:GIL) will be releasing its Q214 earnings data on Friday, May 2nd. Analysts expect Gildan Activewear to post earnings of $0.63 per share and revenue of $555.22 million for the quarter.
Gildan Activewear (NYSE:GIL) last announced its earnings results on Tuesday, February 4th. The company reported $0.35 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.35. The company had revenue of $451.40 million for the quarter, compared to the consensus estimate of $452.14 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. On average, analysts expect Gildan Activewear to post $3.08 EPS for the current fiscal year and $3.51 EPS for the next fiscal year.
Shares of Gildan Activewear (NYSE:GIL) opened at 51.15 on Thursday. Gildan Activewear has a 52-week low of $38.32 and a 52-week high of $55.00. The stock’s 50-day moving average is $49.8 and its 200-day moving average is $50.44. The company has a market cap of $6.238 billion and a P/E ratio of 19.17.
A number of analysts have recently weighed in on GIL shares. Analysts at Scotiabank reiterated a “sector perform” rating on shares of Gildan Activewear in a research note on Thursday, February 6th. On a related note, analysts at BMO Capital Markets raised their price target on shares of Gildan Activewear from C$56.00 to C$62.00 in a research note on Thursday, February 6th. They now have an “outperform” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Gildan Activewear from $57.00 to $60.00 in a research note on Thursday, February 6th. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $57.50.
Gildan Activewear Inc (NYSE:GIL) is a marketer and vertically-integrated global manufacturer of basic, non-fashion apparel products for customers.
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