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The price of Gildan Activewear Inc (NYSE: GIL) closed at $33.53 in the last session, down -3.06% from day before closing price of $34.59. In other words, the price has decreased by -$3.06 from its previous closing price. On the day, 1.64 million shares were traded. GIL stock price reached its highest trading level at $36.32 during the session, while it also had its lowest trading level at $32.23.
Ratios:
We take a closer look at GIL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 62.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.81. 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 5652822528 and an Enterprise Value of 6755264000. As of this moment, Gildan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.34, and their Forward P/E ratio for the next fiscal year is 10.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 2.93. Its current Enterprise Value per Revenue stands at 2.118 whereas that against EBITDA is 10.296.
Stock Price History:
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 -5.68%, while the 200-Day Moving Average is calculated to be 3.05%.
Shares Statistics:
According to the various share statistics, GIL traded on average about 780.73K shares per day over the past 3-months and 510100 shares per day over the past 10 days. A total of 169.99M shares are outstanding, with a floating share count of 163.88M. Insiders hold about 2.83% of the company’s shares, while institutions hold 82.32% stake in the company. Shares short for GIL as of 1713139200 were 1539442 with a Short Ratio of 1.97, 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
The forward annual dividend rate for GIL is 0.76, which was 0.744 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.021509107The stock’s 5-year Average Dividend Yield is 1.46.
