Desjardins Lowers Earnings Estimates for Gildan Activewear

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – Stock analysts at Desjardins decreased their Q2 2025 EPS estimates for Gildan Activewear in a research report issued to clients and investors on Wednesday, April 30th. Desjardins analyst C. Li now anticipates that the textile maker will earn $0.97 per share for the quarter, down from their previous forecast of $0.99. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. Desjardins also issued estimates for Gildan Activewear’s Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.85 EPS and FY2026 earnings at $3.83 EPS.

A number of other equities analysts have also recently weighed in on GIL. CIBC lowered their price target on shares of Gildan Activewear from $60.00 to $56.00 and set an “outperform” rating on the stock in a research note on Wednesday. TD Securities upped their target price on shares of Gildan Activewear from $56.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday. BMO Capital Markets lifted their price target on shares of Gildan Activewear from $58.00 to $64.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. Barclays assumed coverage on Gildan Activewear in a report on Monday. They issued an “overweight” rating and a $51.00 price target on the stock. Finally, Canaccord Genuity Group lifted their price objective on Gildan Activewear from $53.00 to $58.00 and gave the stock a “buy” rating in a report on Thursday, February 20th. Nine equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $58.20.

Gildan Activewear Trading Up 3.0 %

NYSE:GIL opened at $47.41 on Friday. Gildan Activewear has a 1 year low of $32.32 and a 1 year high of $55.39. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.98 and a current ratio of 2.22. The stock has a fifty day moving average price of $44.93 and a two-hundred day moving average price of $47.80. The stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.76 and a beta of 1.16.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its earnings results on Tuesday, April 29th. The textile maker reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. Gildan Activewear had a return on equity of 28.80% and a net margin of 12.26%. The business had revenue of $711.70 million during the quarter, compared to the consensus estimate of $715.29 million. During the same period in the prior year, the business posted $0.59 EPS. The company’s revenue for the quarter was up 2.3% on a year-over-year basis.

Gildan Activewear Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Tuesday, May 20th will be given a dividend of $0.226 per share. This represents a $0.90 annualized dividend and a yield of 1.91%. The ex-dividend date is Tuesday, May 20th. Gildan Activewear’s payout ratio is 34.75%.

Hedge Funds Weigh In On Gildan Activewear

Institutional investors have recently made changes to their positions in the stock. Plato Investment Management Ltd purchased a new stake in Gildan Activewear during the 4th quarter worth about $28,000. Olde Wealth Management LLC acquired a new stake in shares of Gildan Activewear during the 1st quarter worth about $29,000. Versant Capital Management Inc grew its holdings in shares of Gildan Activewear by 510.7% during the first quarter. Versant Capital Management Inc now owns 745 shares of the textile maker’s stock worth $33,000 after buying an additional 623 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Gildan Activewear by 4,323.5% in the first quarter. GAMMA Investing LLC now owns 752 shares of the textile maker’s stock valued at $33,000 after buying an additional 735 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of Gildan Activewear by 61.8% during the fourth quarter. Fifth Third Bancorp now owns 872 shares of the textile maker’s stock valued at $41,000 after buying an additional 333 shares during the period. 82.83% of the stock is owned by institutional investors and hedge funds.

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.