Gildan Activewear Inc. (TSE:GIL – Free Report) (NYSE:GIL) – National Bank Financial boosted their FY2026 earnings per share (EPS) estimates for Gildan Activewear in a report released on Tuesday, February 4th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $5.64 per share for the year, up from their previous forecast of $5.35. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share.
Several other brokerages also recently issued reports on GIL. National Bankshares upped their price objective on Gildan Activewear from C$68.00 to C$74.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. UBS Group upgraded Gildan Activewear from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Five investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$57.20.
Gildan Activewear Trading Down 1.2 %
Shares of GIL opened at C$74.26 on Thursday. The firm has a 50 day simple moving average of C$70.00 and a 200-day simple moving average of C$64.73. The stock has a market cap of C$12.08 billion, a price-to-earnings ratio of 22.71, a price-to-earnings-growth ratio of 4.55 and a beta of 1.64. The company has a debt-to-equity ratio of 72.52, a current ratio of 2.35 and a quick ratio of 0.87. Gildan Activewear has a 1-year low of C$44.23 and a 1-year high of C$76.20.
Insider Buying and Selling
In related news, Senior Officer Benito Masi sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$69.31, for a total value of C$693,102.00. Insiders own 2.26% of the company’s stock.
Gildan Activewear Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 16th were issued a $0.205 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.82 dividend on an annualized basis and a yield of 1.10%. Gildan Activewear’s dividend payout ratio is currently 33.94%.
About Gildan Activewear
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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