Brokers Offer Predictions for GIL Q1 Earnings

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – Investment analysts at Stifel Canada issued their Q1 2025 earnings per share estimates for shares of Gildan Activewear in a research report issued to clients and investors on Wednesday, February 19th. Stifel Canada analyst M. Landry expects that the textile maker will post earnings of $0.55 per share for the quarter. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share.

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 net margin of 12.26% and a return on equity of 28.80%. 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 prior year, the firm posted $0.75 EPS. The business’s quarterly revenue was up 5.0% compared to the same quarter last year.

Several other equities analysts have also recently weighed in on GIL. BMO Capital Markets boosted their price objective on Gildan Activewear from $58.00 to $64.00 and gave the stock an “outperform” rating in a research report on Thursday. CIBC boosted their price objective on Gildan Activewear from $56.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday. Stifel Nicolaus boosted their price objective on Gildan Activewear from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday. Citigroup boosted their price objective on Gildan Activewear from $59.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, TD Securities boosted their price objective on Gildan Activewear from $62.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday. Nine analysts have rated the stock with a buy rating, According to MarketBeat, Gildan Activewear currently has a consensus rating of “Buy” and a consensus target price of $60.00.

Gildan Activewear Price Performance

Shares of NYSE:GIL opened at $54.18 on Monday. Gildan Activewear has a fifty-two week low of $32.23 and a fifty-two week high of $55.39. The business has a 50-day moving average of $49.57 and a two-hundred day moving average of $47.68. The stock has a market capitalization of $8.24 billion, a P/E ratio of 21.67, a P/E/G ratio of 1.76 and a beta of 1.41. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.22 and a quick ratio of 0.98.

Gildan Activewear Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Wednesday, March 12th will be issued a $0.226 dividend. This is a boost from Gildan Activewear’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.90 annualized dividend and a yield of 1.67%. Gildan Activewear’s dividend payout ratio is 36.00%.

Institutional Investors Weigh In On Gildan Activewear

Large investors have recently modified their holdings of the stock. Plato Investment Management Ltd bought a new stake in shares of Gildan Activewear in the 4th quarter valued at approximately $28,000. Blue Trust Inc. grew its stake in shares of Gildan Activewear by 96.1% in the 3rd quarter. Blue Trust Inc. now owns 810 shares of the textile maker’s stock valued at $38,000 after purchasing an additional 397 shares during the period. Fifth Third Bancorp grew its stake in shares of Gildan Activewear by 61.8% in the 4th quarter. Fifth Third Bancorp now owns 872 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 333 shares during the period. Steward Partners Investment Advisory LLC grew its stake in shares of Gildan Activewear by 500.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 894 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 745 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in shares of Gildan Activewear by 899.0% in the 4th quarter. Venturi Wealth Management LLC now owns 1,009 shares of the textile maker’s stock valued at $47,000 after purchasing an additional 908 shares during the period. 82.83% of the stock is currently owned by institutional investors.

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.