FY2025 Earnings Forecast for TSE:GIL Issued By Stifel Canada

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Stifel Canada reduced their FY2025 earnings per share estimates for Gildan Activewear in a research note issued on Tuesday, April 29th. Stifel Canada analyst M. Landry now expects that the company will post earnings of $4.92 per share for the year, down from their prior forecast of $4.97. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. Stifel Canada also issued estimates for Gildan Activewear’s FY2026 earnings at $5.56 EPS.

GIL has been the subject of a number of other research reports. National Bankshares decreased their price objective on shares of Gildan Activewear from C$83.00 to C$72.00 in a research report on Monday, April 21st. UBS Group raised Gildan Activewear from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Barclays raised Gildan Activewear to a “strong-buy” rating in a report on Monday, April 28th. Finally, Desjardins cut their price objective on Gildan Activewear from C$87.00 to C$80.00 and set a “buy” rating for the company in a research report on Wednesday. Four analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, Gildan Activewear has an average rating of “Buy” and an average price target of C$64.00.

Gildan Activewear Price Performance

Shares of TSE GIL opened at C$65.45 on Friday. The company has a debt-to-equity ratio of 101.26, a current ratio of 2.31 and a quick ratio of 0.87. The stock has a market capitalization of C$7.11 billion, a price-to-earnings ratio of 17.55, a PEG ratio of 4.55 and a beta of 1.64. The firm’s 50 day simple moving average is C$63.71 and its 200-day simple moving average is C$67.76. Gildan Activewear has a 12 month low of C$44.26 and a 12 month high of C$79.11.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last released its quarterly earnings data 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 net margin of 13.05% and a return on equity of 23.10%. During the same period last year, the company earned $0.75 EPS.

Insider Transactions at Gildan Activewear

In other Gildan Activewear news, Senior Officer Rhodri Harries sold 100,000 shares of the business’s stock in a transaction dated 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 John Maness sold 1,661 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of C$68.77, for a total transaction of C$114,234.28. Insiders sold 110,144 shares of company stock valued at $8,568,586 over the last 90 days. 2.26% of the stock is currently owned by corporate insiders.

Gildan Activewear Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Tuesday, May 20th will be issued a $0.226 dividend. The ex-dividend date is Tuesday, May 20th. This represents a $0.90 dividend on an annualized basis and a yield of 1.38%. Gildan Activewear’s payout ratio is currently 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.