Gildan Activewear Inc. (TSE:GIL – Get Free Report) (NYSE:GIL) Director Michener Chandlee bought 736 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was purchased at an average cost of C$67.83 per share, with a total value of C$49,920.57.
Michener Chandlee also recently made the following trade(s):
- On Thursday, August 8th, Michener Chandlee purchased 1,196 shares of Gildan Activewear stock. The stock was bought at an average price of C$40.85 per share, for a total transaction of C$48,856.60.
Gildan Activewear Price Performance
Shares of Gildan Activewear stock traded down C$0.45 during trading on Wednesday, reaching C$69.05. 78,169 shares of the stock traded hands, compared to its average volume of 363,732. The company has a market capitalization of C$11.23 billion, a price-to-earnings ratio of 21.12, a P/E/G ratio of 4.55 and a beta of 1.64. Gildan Activewear Inc. has a 52-week low of C$41.32 and a 52-week high of C$70.15. The company has a debt-to-equity ratio of 72.52, a current ratio of 2.35 and a quick ratio of 0.87. The business has a fifty day simple moving average of C$63.54 and a two-hundred day simple moving average of C$55.80.
Gildan Activewear Cuts Dividend
Analysts Set New Price Targets
Several analysts have commented on the company. National Bankshares increased their target price on Gildan Activewear from C$68.00 to C$74.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Citigroup increased their target price on Gildan Activewear from C$44.00 to C$54.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Desjardins raised their price target on Gildan Activewear from C$63.00 to C$67.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. BMO Capital Markets upgraded Gildan Activewear to a “strong-buy” rating in a research note on Friday, August 2nd. Finally, TD Securities raised their price target on Gildan Activewear from C$46.00 to C$50.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$57.20.
Get Our Latest Stock Report on GIL
Gildan Activewear Company Profile
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.
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