In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Gildan Activewear Inc (NYSE: GIL) closed at $44.19 down -2.10% from its previous closing price of $45.14. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 1.13 million shares were traded. GIL stock price reached its highest trading level at $45.225 during the session, while it also had its lowest trading level at $43.87.
Ratios:
For a deeper understanding of Gildan Activewear Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 67.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 0.92.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on January 10, 2025, Upgraded its rating to Buy and sets its target price to $60 from $50 previously.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 05 ’24 when DeHaan Jason bought 15,000 shares for $50.22 per share.
DeHaan Jason bought 19,105 shares of GIL for $805,849 on Aug 15 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GIL now has a Market Capitalization of 6837740032 and an Enterprise Value of 8219609600. As of this moment, Gildan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.77, and their Forward P/E ratio for the next fiscal year is 11.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 4.62. Its current Enterprise Value per Revenue stands at 2.513 whereas that against EBITDA is 10.091.
Stock Price History:
The Beta on a monthly basis for GIL is 1.13, which has changed by 0.23299646 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, GIL has reached a high of $55.39, while it has fallen to a 52-week low of $32.23. The 50-Day Moving Average of the stock is -12.25%, while the 200-Day Moving Average is calculated to be -4.01%.
Shares Statistics:
For the past three months, GIL has traded an average of 568.36K shares per day and 496490 over the past ten days. A total of 152.41M shares are outstanding, with a floating share count of 149.56M. Insiders hold about 1.51% of the company’s shares, while institutions hold 74.61% stake in the company. Shares short for GIL as of 1741910400 were 1721122 with a Short Ratio of 3.14, compared to 1739491200 on 1583216. Therefore, it implies a Short% of Shares Outstanding of 1721122 and a Short% of Float of 1.3200001.
Dividends & Splits
According to the company, the forward annual dividend rate for GIL is 0.84, from 0.82 in the trailing year. Against a Trailing Annual Dividend Yield of 0.018165708The stock’s 5-year Average Dividend Yield is 1.46. The current Payout Ratio is 33.28% for GIL, which recently paid a dividend on 2024-08-22 with an ex-dividend date of 1741737600. Stock splits for the company last occurred on 2015-03-30 when the company split stock in a 2:1 ratio.
