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 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 .
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.