FY2025 EPS Forecast for Gildan Activewear Lifted by Analyst

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) – Stock analysts at Scotiabank upped their FY2025 earnings per share estimates for Gildan Activewear in a report issued on Wednesday, February 11th. Scotiabank analyst J. Zamparo now expects that the textile maker will earn $3.46 per share for the year, up from their previous estimate of $3.42. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. Scotiabank also issued estimates for Gildan Activewear’s FY2026 earnings at $4.49 EPS and FY2027 earnings at $5.28 EPS.

GIL has been the topic of a number of other reports. Weiss Ratings restated a “buy (b)” rating on shares of Gildan Activewear in a research note on Monday, December 29th. Barclays restated an “overweight” rating and set a $70.00 target price (up previously from $64.00) on shares of Gildan Activewear in a research report on Thursday, October 30th. Desjardins lifted their price target on Gildan Activewear from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Zacks Research cut Gildan Activewear from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 23rd. Finally, Royal Bank Of Canada raised their target price on Gildan Activewear from $68.00 to $71.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $77.54.

Gildan Activewear Price Performance

NYSE GIL opened at $72.56 on Friday. The company has a quick ratio of 0.88, a current ratio of 2.01 and a debt-to-equity ratio of 0.94. The company has a market cap of $13.44 billion, a PE ratio of 23.18 and a beta of 1.08. Gildan Activewear has a 52 week low of $37.16 and a 52 week high of $73.70. The firm’s 50-day simple moving average is $64.61 and its two-hundred day simple moving average is $59.43.

Hedge Funds Weigh In On Gildan Activewear

A number of hedge funds and other institutional investors have recently bought and sold shares of GIL. AQR Capital Management LLC lifted its stake in Gildan Activewear by 49.3% during the first quarter. AQR Capital Management LLC now owns 13,209 shares of the textile maker’s stock worth $584,000 after purchasing an additional 4,360 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Gildan Activewear by 40.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,760,253 shares of the textile maker’s stock valued at $77,838,000 after buying an additional 503,359 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Gildan Activewear by 2.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 186,585 shares of the textile maker’s stock valued at $8,251,000 after buying an additional 4,714 shares during the period. US Bancorp DE lifted its stake in Gildan Activewear by 8.0% during the 2nd quarter. US Bancorp DE now owns 14,827 shares of the textile maker’s stock worth $730,000 after acquiring an additional 1,098 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Gildan Activewear by 51.4% during the 2nd quarter. Blue Trust Inc. now owns 2,023 shares of the textile maker’s stock valued at $100,000 after acquiring an additional 687 shares during the period. Hedge funds and other institutional investors own 82.83% of the company’s stock.

About Gildan Activewear

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.