Q1 EPS Estimate for Gildan Activewear Decreased by Analyst

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – National Bank Financial lowered their Q1 2025 earnings per share (EPS) estimates for Gildan Activewear in a research report issued on Wednesday, February 19th. National Bank Financial analyst V. Shreedhar now expects that the textile maker will earn $0.57 per share for the quarter, down from their previous forecast of $0.63. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. National Bank Financial also issued estimates for Gildan Activewear’s Q2 2025 earnings at $0.95 EPS, Q3 2025 earnings at $1.04 EPS, Q4 2025 earnings at $0.92 EPS, FY2025 earnings at $3.48 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.18 EPS, Q4 2026 earnings at $1.04 EPS, FY2026 earnings at $3.94 EPS and FY2027 earnings at $4.31 EPS.

Several other equities research analysts also recently issued reports on the company. Stifel Nicolaus increased their price objective on Gildan Activewear from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday. Canaccord Genuity Group increased their price objective on Gildan Activewear from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Canaccord Genuity Group increased their price objective on Gildan Activewear from $53.00 to $58.00 and gave the stock a “buy” rating in a research note on Thursday. Citigroup increased their price objective on Gildan Activewear from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, UBS Group increased their price objective on Gildan Activewear from $60.00 to $69.00 and gave the stock a “buy” rating in a research note on Thursday. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $60.00.

Gildan Activewear Trading Down 1.7 %

Shares of NYSE GIL opened at $54.18 on Friday. The business has a fifty day simple moving average of $49.57 and a 200-day simple moving average of $47.63. The company has a market cap of $8.24 billion, a price-to-earnings ratio of 21.67, a P/E/G ratio of 1.76 and a beta of 1.41. The company has a quick ratio of 0.98, a current ratio of 2.22 and a debt-to-equity ratio of 0.92. Gildan Activewear has a 12 month low of $32.23 and a 12 month high of $55.39.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last announced its earnings results on Wednesday, February 19th. The textile maker reported $0.83 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.30). Gildan Activewear had a net margin of 12.26% and a return on equity of 28.80%. The company had revenue of $822.00 million for the quarter, compared to analysts’ expectations of $805.75 million. During the same period in the prior year, the company earned $0.75 earnings per share. The company’s revenue for the quarter was up 5.0% on a year-over-year basis.

Gildan Activewear Increases Dividend

The business 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 dividend of $0.226 per share. This is a positive change from Gildan Activewear’s previous quarterly dividend of $0.15. The ex-dividend date is Wednesday, March 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.67%. Gildan Activewear’s dividend payout ratio is currently 36.00%.

Institutional Inflows and Outflows

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

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.