Research Analysts Issue Forecasts for GIL Q1 Earnings

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – Analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Gildan Activewear in a research report issued to clients and investors on Thursday, February 20th. Desjardins analyst C. Li forecasts that the textile maker will post earnings of $0.58 per share for the quarter. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.44 per share. Desjardins also issued estimates for Gildan Activewear’s Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.03 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.50 EPS and FY2026 earnings at $3.93 EPS.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its quarterly earnings results on Wednesday, February 19th. The textile maker reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.30). Gildan Activewear had a return on equity of 27.49% and a net margin of 12.26%. The business had revenue of $822.00 million for the quarter, compared to analysts’ expectations of $805.75 million. During the same quarter in the previous year, the firm posted $0.75 EPS. Gildan Activewear’s revenue was up 5.0% on a year-over-year basis.

Other research analysts also recently issued reports about the company. BMO Capital Markets boosted their price target on Gildan Activewear from $58.00 to $64.00 and gave the company an “outperform” rating in a report on Thursday. Canaccord Genuity Group upped their target price on Gildan Activewear from $53.00 to $58.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus upped their target price on Gildan Activewear from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday. TD Securities upped their target price on Gildan Activewear from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, CIBC upped their target price on Gildan Activewear from $56.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, Gildan Activewear has a consensus rating of “Buy” and an average price target of $60.00.

Gildan Activewear Trading Down 1.7 %

Shares of NYSE:GIL opened at $54.18 on Friday. Gildan Activewear has a 12-month low of $32.23 and a 12-month high of $55.39. The company has a market capitalization of $8.24 billion, a PE ratio of 21.67, a PEG ratio of 1.74 and a beta of 1.41. The business has a 50 day moving average of $49.47 and a two-hundred day moving average of $47.54. 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 Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Plato Investment Management Ltd purchased a new position in Gildan Activewear during the 4th quarter worth approximately $28,000. Blue Trust Inc. grew its stake in Gildan Activewear by 96.1% during the 3rd quarter. Blue Trust Inc. now owns 810 shares of the textile maker’s stock worth $38,000 after buying an additional 397 shares during the last quarter. Fifth Third Bancorp grew its stake in Gildan Activewear by 61.8% during the 4th quarter. Fifth Third Bancorp now owns 872 shares of the textile maker’s stock worth $41,000 after buying an additional 333 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in Gildan Activewear by 500.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 894 shares of the textile maker’s stock worth $42,000 after buying an additional 745 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its stake in Gildan Activewear by 899.0% during the 4th quarter. Venturi Wealth Management LLC now owns 1,009 shares of the textile maker’s stock worth $47,000 after buying an additional 908 shares during the last quarter. Hedge funds and other institutional investors own 82.83% of the company’s stock.

Gildan Activewear Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Stockholders of record on Wednesday, March 12th will be issued a $0.226 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.67%. This is an increase from Gildan Activewear’s previous quarterly dividend of $0.15. Gildan Activewear’s dividend payout ratio is presently 32.80%.

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.