Desjardins Issues Pessimistic Estimate for TSE:GIL Earnings

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Investment analysts at Desjardins dropped their Q2 2025 earnings estimates for Gildan Activewear in a report released on Wednesday, April 30th. Desjardins analyst C. Li now forecasts that the company will post earnings of $1.35 per share for the quarter, down from their prior forecast of $1.41. Desjardins currently has a “Buy” rating and a $80.00 target price on the stock. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. Desjardins also issued estimates for Gildan Activewear’s Q3 2025 earnings at $1.38 EPS, Q4 2025 earnings at $1.18 EPS and FY2026 earnings at $5.32 EPS.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last issued its quarterly earnings results on Wednesday, February 19th. The company reported C$0.83 earnings per share 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 last year, the firm posted $0.75 EPS.

Several other equities research analysts have also recently issued reports on GIL. National Bankshares decreased their target price on shares of Gildan Activewear from C$83.00 to C$72.00 in a research report on Monday, April 21st. Barclays raised shares of Gildan Activewear to a “strong-buy” rating in a research note on Monday, April 28th. Finally, UBS Group upgraded Gildan Activewear from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Four research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Gildan Activewear has an average rating of “Buy” and a consensus target price of C$64.00.

Gildan Activewear Stock Performance

Gildan Activewear stock opened at C$65.45 on Friday. The company has a current ratio of 2.31, a quick ratio of 0.87 and a debt-to-equity ratio of 101.26. The firm has a market capitalization of C$7.11 billion, a P/E ratio of 17.55, a PEG ratio of 4.55 and a beta of 1.64. The stock has a fifty day moving average price of C$63.71 and a 200 day moving average price of C$67.75. Gildan Activewear has a 52 week low of C$44.26 and a 52 week high of C$79.11.

Insider Activity

In other news, Senior Officer Rhodri Harries sold 100,000 shares of Gildan Activewear stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of C$78.08, for a total transaction of C$7,808,000.00. Also, Senior Officer John Maness sold 1,661 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of C$68.77, for a total value of C$114,234.28. Over the last quarter, insiders sold 110,144 shares of company stock worth $8,568,586. 2.26% of the stock is currently owned by corporate insiders.

Gildan Activewear Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Tuesday, May 20th will be given a $0.226 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Tuesday, May 20th. Gildan Activewear’s payout ratio is 29.76%.

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.