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.
Ratios:
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.
