National Bank Financial Research Analysts Boost Earnings Estimates for Gildan Activewear Inc. (TSE:GIL)

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Equities research analysts at National Bank Financial lifted their Q1 2025 earnings per share (EPS) estimates for Gildan Activewear in a report released on Thursday, August 1st. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $0.83 per share for the quarter, up from their prior forecast of $0.77. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.06 per share.

A number of other research analysts also recently weighed in on GIL. Desjardins increased their price objective on shares of Gildan Activewear from C$63.00 to C$67.00 and gave the company a “buy” rating in a research report on Tuesday. TD Securities raised their price target on Gildan Activewear from C$46.00 to C$50.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. BMO Capital Markets upgraded Gildan Activewear to a “strong-buy” rating in a research report on Friday, August 2nd. Finally, National Bankshares increased their target price on Gildan Activewear from C$57.00 to C$58.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$54.00.

Gildan Activewear Price Performance

Shares of TSE GIL opened at C$55.26 on Monday. The firm has a market cap of C$9.32 billion, a P/E ratio of 13.71, a PEG ratio of 3.54 and a beta of 1.63. Gildan Activewear has a twelve month low of C$36.42 and a twelve month high of C$58.00. The company has a quick ratio of 0.87, a current ratio of 2.38 and a debt-to-equity ratio of 64.76. The company has a 50 day moving average of C$52.88 and a 200 day moving average of C$49.18.

Insiders Place Their Bets

In other Gildan Activewear news, Senior Officer Rhodri Harries sold 28,698 shares of Gildan Activewear stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of C$39.00, for a total value of C$1,119,222.00. In other news, Senior Officer Juan Carlos Contreras Contreras Y. Contreras sold 4,350 shares of the stock in a transaction on Thursday, May 30th. The stock was sold at an average price of C$37.06, for a total transaction of C$161,200.13. Also, Senior Officer Rhodri Harries sold 28,698 shares of the business’s stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of C$39.00, for a total value of C$1,119,222.00. 2.17% of the stock is owned by company insiders.

Gildan Activewear Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Monday, September 16th will be paid a $0.28 dividend. This is an increase from Gildan Activewear’s previous quarterly dividend of $0.28. The ex-dividend date is Thursday, August 22nd. This represents a $1.12 dividend on an annualized basis and a yield of 2.03%. Gildan Activewear’s payout ratio is 28.04%.

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.