Investor’s Delight: Gildan Activewear Inc (GIL) Closes Strong at 33.22, Up 1.78

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The closing price of Gildan Activewear Inc (NYSE: GIL) was $33.22 for the day, up 1.78% from the previous closing price of $32.64. In other words, the price has increased by $1.78 from its previous closing price. On the day, 0.93 million shares were traded. GIL stock price reached its highest trading level at $33.25 during the session, while it also had its lowest trading level at $32.32.


Our analysis of GIL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 61.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.48.

TD Securities Upgraded its Hold to Buy on August 04, 2023, whereas the target price for the stock was revised from $36 to $38.

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 5621322752 and an Enterprise Value of 6611668992. As of this moment, Gildan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.23, and their Forward P/E ratio for the next fiscal year is 10.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 2.073 whereas that against EBITDA is 10.029.

Stock Price History:

The Beta on a monthly basis for GIL is 1.41, which has changed by 0.079365134 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, GIL has reached a high of $38.87, while it has fallen to a 52-week low of $26.98. The 50-Day Moving Average of the stock is -6.09%, while the 200-Day Moving Average is calculated to be 2.02%.

Shares Statistics:

GIL traded an average of 793.37K shares per day over the past three months and 548990 shares per day over the past ten days. A total of 169.99M shares are outstanding, with a floating share count of 163.81M. Insiders hold about 2.83% of the company’s shares, while institutions hold 79.65% stake in the company. Shares short for GIL as of 1713139200 were 1539442 with a Short Ratio of 1.94, compared to 1710460800 on 1481332. Therefore, it implies a Short% of Shares Outstanding of 1539442 and a Short% of Float of 1.04.

Dividends & Splits

With its trailing 12-month dividend rate of 0.763, GIL has a forward annual dividend rate of 0.76. Against a Trailing Annual Dividend Yield of 0.023376226The stock’s 5-year Average Dividend Yield is 1.46. The current Payout Ratio is 24.74% for GIL, which recently paid a dividend on 2024-03-12 with an ex-dividend date of 1716336000. Stock splits for the company last occurred on 2015-03-30 when the company split stock in a 2:1 ratio.

Earnings Estimates

The market rating for Gildan Activewear Inc (GIL) is a result of the insights provided by 8.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.72 for the current quarter, with a high estimate of $0.79 and a low estimate of $0.7, while EPS last year was $0.63. The consensus estimate for the next quarter is $0.85, with high estimates of $0.87 and low estimates of $0.82.

Analysts are recommending an EPS of between $3.08 and $2.9 for the fiscal current year, implying an average EPS of $2.96. EPS for the following year is $3.28, with 12.0 analysts recommending between $3.45 and $3.02.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $876.66M to a low estimate of $842M. As of the current estimate, Gildan Activewear Inc’s year-ago sales were $840.4MFor the next quarter, 5 analysts are estimating revenue of $899.57M. There is a high estimate of $914.39M for the next quarter, whereas the lowest estimate is $883M.

A total of 13 analysts have provided revenue estimates for GIL’s current fiscal year. The highest revenue estimate was $3.3B, while the lowest revenue estimate was $3.22B, resulting in an average revenue estimate of $3.26B. In the same quarter a year ago, actual revenue was $3.2BBased on 13 analysts’ estimates, the company’s revenue will be $3.39B in the next fiscal year. The high estimate is $3.46B and the low estimate is $3.33B.

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