Gildan Activewear Inc

Gildan Activewear Inc Stock Forecast & Price Prediction

Live Gildan Activewear Inc Stock (GIL) Price
$48.70

16

Ratings

  • Buy 6
  • Hold 10
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$48.70

P/E Ratio

19.40

Volume Traded Today

$961,584

Dividend

$0.205

52 Week High/low

50.58/30.68

Gildan Activewear Inc Market Cap

$7.54B

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GIL Summary

Based on ratings from 16 stock analysts, the Gildan Activewear Inc stock price is expected to increase by 48.54% in 12 months. This is calculated by using the average 12-month stock price forecast for Gildan Activewear Inc. The lowest target is $60.66 and the highest is $79.12. Please note analyst price targets are not guaranteed and could be missed completely.

GIL Analyst Ratings

GIL is a stock in Consumer Cyclical which has been forecasted to be worth $72.34 as an average. On the higher end, the forecast price is $79.12 USD by from and on the lower end GIL is forecasted to be $60.66 by from .

GIL stock forecast by analyst

These are the latest 20 analyst ratings of GIL.

Analyst/Firm

Rating

Price Target

Change

Date

Stephen MacLeod
BMO Capital

Outperform

$58

Maintains

Nov 1, 2024
Martin Landry
Stifel

Buy

$54

Maintains

Oct 3, 2024
Tom Callaghan
RBC Capital

Outperform

$44

Maintains

Aug 2, 2024
Martin Landry
Stifel

Buy

$51

Upgrade

Aug 2, 2024
Luke Hannan
Canaccord Genuity

Buy

$43

Maintains

May 2, 2024
Tom Callaghan
RBC Capital

Outperform

$41

Assumes

Apr 8, 2024
Paul Lejuez
Citigroup

Buy

$44

Maintains

Feb 23, 2024
George Doumet
Scotiabank

Sector Outperform

$40.5

Maintains

Feb 9, 2024
Jay Sole
UBS

Neutral

$37

Downgrade

Jan 5, 2024
Sabahat Khan
RBC Capital

Outperform

$39

Maintains

Nov 3, 2023
Martin Landry
Stifel

Buy

$37

Maintains

Aug 29, 2023

RBC Capital

Outperform


Maintains

Aug 4, 2023
Jay Sole
UBS

Buy

$42

Maintains

May 4, 2023
Sabahat Khan
RBC Capital

Outperform

$40

Maintains

May 4, 2023
Martin Landry
Stifel

Buy

$38

Initiates

May 2, 2023
George Doumet
Scotiabank

Sector Outperform

$39

Assumes

Apr 26, 2023
Sabahat Khan
RBC Capital

Outperform

$39

Reiterates

Feb 23, 2023
Sabahat Khan
RBC Capital

Outperform

$39

Maintains

Nov 4, 2022
Sabahat Khan
RBC Capital

Outperform

$40

Maintains

Nov 2, 2022
Sabahat Khan
RBC Capital

Outperform

$47

Maintains

Sep 12, 2022

GIL Company Information

What They Do: Apparel manufacturer and seller across various markets.

Business Model: The company operates by manufacturing and selling a wide range of apparel products, including activewear, hosiery, and underwear. It generates revenue primarily through sales to wholesale distributors, screen printers, retailers, and lifestyle brand companies in multiple regions including North America, Europe, and Asia-Pacific.

Other Information: Founded in 1946 and headquartered in Montreal, Gildan Activewear has a diverse portfolio of brands and products, catering to various customer needs in the apparel market. The company was previously known as Textiles Gildan Inc. and rebranded in 1995.
GIL
Gildan Activewear Inc (GIL)

When did it IPO

1998

Staff Count

47,000

Country

Canada

Sector/Industry

Consumer Cyclical/Apparel Manufacturing

CEO

Mr. Glenn J. Chamandy

Market Cap

$7.54B

Gildan Activewear Inc (GIL) Financial Data

In 2023, GIL generated $3.20B in revenue, which was a decrease of -1.38% from the previous year. This can be seen as a signal that GIL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.98B

Revenue From 2021

$2.92B

47.51 %
From Previous Year

Revenue From 2022

$3.24B

10.88 %
From Previous Year

Revenue From 2023

$3.20B

-1.38 %
From Previous Year
  • Revenue TTM $3.23B
  • Operating Margin TTM 22.4%
  • Gross profit TTM $880.1M
  • Return on assets TTM 11.5%
  • Return on equity TTM 23.7%
  • Profit Margin 13.1%
  • Book Value Per Share 9.98%
  • Market capitalisation $7.54B
  • Revenue for 2021 $2.92B
  • Revenue for 2022 $3.24B
  • Revenue for 2023 $3.20B
  • EPS this year (TTM) $2.51

Gildan Activewear Inc (GIL) Latest News

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Gildan Activewear (GIL) and Kontoor Brands (KTB) are notable stocks in the Textile - Apparel sector, attracting investors seeking undervalued opportunities.

Why It Matters - The comparison of Gildan Activewear and Kontoor Brands highlights potential undervalued investment opportunities in the Textile - Apparel sector, impacting stock selection and portfolio strategy.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Gildan Activewear (GIL) has released its Q3 2024 earnings call transcript, providing insights into the company's financial performance and operational updates for the quarter.

Why It Matters - Gildan Activewear's Q3 2024 earnings reveal financial performance, guiding future growth and profitability. Key insights can influence stock valuation and investment strategies.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Gildan Activewear Inc. (GIL: TSX and NYSE) reported third-quarter results for the period ending September 29, 2024, and updated its Fiscal 2024 guidance.

Why It Matters - Gildan Activewear's Q3 results and updated guidance can impact stock performance, influencing investor sentiment and expectations for future profitability.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Gildan Activewear (GIL) reported quarterly earnings of $0.85 per share, exceeding the Zacks Consensus Estimate of $0.84, and up from $0.74 per share year-over-year.

Why It Matters - Gildan's earnings beat expectations and showed year-over-year growth, indicating strong performance and potential for continued profitability, positively influencing investor sentiment.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Gildan (GIL) has reached a 52-week high. Investors are advised to examine the company's fundamentals for insights on potential future gains.

Why It Matters - Gildan's 52-week high signals strong market performance, prompting analysis of fundamentals to assess potential for continued growth, influencing investment decisions.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Gildan Activewear Inc. is growing above market rates and gaining share, benefiting from lower raw material costs. Stock valuation is at historical levels of 18/20x earnings, reflecting growth expectations.

Why It Matters - Gildan's strong growth and improved cost management indicate robust financial health. However, current stock prices may already reflect anticipated growth, suggesting limited upside.

...

GIL Frequently asked questions

The highest forecasted price for GIL is $79.12 from at .

The lowest forecasted price for GIL is $60.66 from from

The GIL analyst ratings consensus are 6 buy ratings, 10 hold ratings, and 0 sell ratings.