Research Analysts Issue Forecasts for GIL FY2026 Earnings

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – National Bank Financial raised their FY2026 earnings per share estimates for Gildan Activewear in a report released on Tuesday, February 4th. National Bank Financial analyst V. Shreedhar now expects that the textile maker will post earnings of $3.89 per share for the year, up from their prior estimate of $3.88. The consensus estimate for Gildan Activewear’s current full-year earnings is $2.97 per share.

A number of other research analysts have also recently issued reports on GIL. BMO Capital Markets lifted their price objective on Gildan Activewear from $47.00 to $58.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. UBS Group raised Gildan Activewear from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $50.00 to $60.00 in a report on Friday, January 10th. Citigroup lifted their target price on Gildan Activewear from $54.00 to $59.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Canaccord Genuity Group lifted their target price on Gildan Activewear from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, CIBC lifted their target price on Gildan Activewear from $48.00 to $56.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $53.35.

Gildan Activewear Stock Down 1.5 %

Shares of NYSE:GIL opened at $51.16 on Thursday. The stock has a fifty day simple moving average of $48.93 and a two-hundred day simple moving average of $46.73. The stock has a market capitalization of $7.80 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 1.70 and a beta of 1.41. Gildan Activewear has a 12-month low of $32.23 and a 12-month high of $53.28. The company has a current ratio of 2.31, a quick ratio of 0.98 and a debt-to-equity ratio of 0.81.

Institutional Trading of Gildan Activewear

Large investors have recently modified their holdings of the company. Simcoe Capital Management LLC grew its holdings in shares of Gildan Activewear by 10.5% in the third quarter. Simcoe Capital Management LLC now owns 2,387,865 shares of the textile maker’s stock worth $112,492,000 after acquiring an additional 226,695 shares during the period. Intech Investment Management LLC bought a new stake in shares of Gildan Activewear in the third quarter worth $544,000. Tacita Capital Inc grew its holdings in shares of Gildan Activewear by 1,025.5% in the third quarter. Tacita Capital Inc now owns 13,056 shares of the textile maker’s stock worth $615,000 after acquiring an additional 11,896 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Gildan Activewear by 7,709.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 125,181 shares of the textile maker’s stock worth $5,899,000 after acquiring an additional 123,578 shares during the period. Finally, JCIC Asset Management Inc. bought a new stake in shares of Gildan Activewear in the fourth quarter worth $3,853,000. Institutional investors own 82.83% of the company’s stock.

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.