TSE:GIL Q1 EPS Forecast Cut by National Bank Financial

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Investment analysts at National Bank Financial lowered their Q1 2025 EPS estimates for shares of Gildan Activewear in a research note issued on Sunday, April 20th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $0.79 per share for the quarter, down from their prior forecast of $0.81. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. National Bank Financial also issued estimates for Gildan Activewear’s Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $1.45 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.39 EPS, FY2026 earnings at $5.30 EPS and FY2027 earnings at $5.78 EPS.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last announced its quarterly earnings data on Wednesday, February 19th. The company reported C$0.83 EPS for the quarter, topping analysts’ consensus estimates of C$0.82 by C$0.01. Gildan Activewear had a return on equity of 23.10% and a net margin of 13.05%. During the same period in the prior year, the company posted $0.75 earnings per share.

Several other equities analysts also recently commented on GIL. Desjardins raised their target price on Gildan Activewear from C$82.00 to C$87.00 and gave the stock a “buy” rating in a research report on Thursday, February 20th. National Bankshares decreased their price objective on shares of Gildan Activewear from C$83.00 to C$72.00 in a research note on Monday. Finally, UBS Group upgraded Gildan Activewear from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Four analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$65.75.

Gildan Activewear Stock Performance

TSE:GIL opened at C$59.13 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 2.31 and a debt-to-equity ratio of 101.26. The firm has a 50-day moving average price of C$65.79 and a 200 day moving average price of C$67.94. The firm has a market capitalization of C$6.42 billion, a PE ratio of 15.86, a price-to-earnings-growth ratio of 4.55 and a beta of 1.64. Gildan Activewear has a 12-month low of C$44.23 and a 12-month high of C$79.11.

Insider Activity

In other Gildan Activewear news, Senior Officer John Maness sold 1,661 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$68.77, for a total transaction of C$114,234.28. Also, Senior Officer Michael Schroeder sold 4,299 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of C$78.02, for a total value of C$335,428.68. Insiders have sold 110,144 shares of company stock valued at $8,568,586 over the last 90 days. 2.26% of the stock is owned by company insiders.

Gildan Activewear Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 7th. Stockholders of record on Monday, April 7th were given a dividend of $0.226 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.53%. This is an increase from Gildan Activewear’s previous quarterly dividend of $0.21. Gildan Activewear’s payout ratio is presently 29.76%.

Gildan Activewear Company Profile

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels.