Gildan Activewear Inc. (TSE:GIL – Get Free Report) (NYSE:GIL) Senior Officer John Maness sold 1,661 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$68.77, for a total value of C$114,234.28.
Gildan Activewear Price Performance
GIL traded up C$0.05 on Friday, reaching C$66.38. The company had a trading volume of 35,826 shares, compared to its average volume of 355,781. The company has a market capitalization of C$7.21 billion, a P/E ratio of 17.80, a PEG ratio of 4.55 and a beta of 1.64. The company has a current ratio of 2.31, a quick ratio of 0.87 and a debt-to-equity ratio of 101.26. The company has a fifty day moving average of C$72.84 and a 200-day moving average of C$68.04. Gildan Activewear Inc. has a one year low of C$44.23 and a one year high of C$79.11.
Gildan Activewear (TSE:GIL – Get Free Report) (NYSE:GIL) last posted its quarterly earnings data on Wednesday, February 19th. The company reported C$0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.82 by C$0.01. Gildan Activewear had a net margin of 13.05% and a return on equity of 23.10%. During the same period in the previous year, the firm earned $0.75 earnings per share. As a group, equities research analysts anticipate that Gildan Activewear Inc. will post 4.5460385 earnings per share for the current year.
Gildan Activewear Increases Dividend
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on GIL. Desjardins increased their price target on Gildan Activewear from C$82.00 to C$87.00 and gave the company a “buy” rating in a report on Thursday, February 20th. National Bankshares boosted their target price on shares of Gildan Activewear from C$78.00 to C$83.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Finally, UBS Group raised shares of Gildan Activewear from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 10th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$68.50.
Check Out Our Latest Report on Gildan Activewear
About Gildan Activewear
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.
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