Gildan Activewear Inc [GIL] stock prices are down -0.68% to $47.97 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GIL shares have gain 2.26% over the last week, with a monthly amount drifted -0.60%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Gildan Activewear Inc [NYSE: GIL] stock has seen the most recent analyst activity on January 10, 2025, when UBS upgraded its rating to a Buy and also boosted its price target to $60 from $50. Previously, Stifel upgraded its rating to Buy on August 02, 2024. On January 05, 2024, downgrade downgraded it’s rating to Neutral. Edward Jones downgraded its rating to a Hold. TD Securities upgraded its rating to a Buy and raised its price target to $38 on August 04, 2023. Stifel started tracking with a Buy rating for this stock on May 02, 2023, and assigned it a price target of $38. In a note dated January 23, 2023, TD Securities downgraded an Hold rating on this stock.
The stock price of Gildan Activewear Inc [GIL] has been fluctuating between $30.68 and $50.60 over the past year. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Gildan Activewear Inc [NYSE: GIL] shares were valued at $47.97 at the most recent close of the market. An investor can expect a potential return of 4.23% based on the average GIL price forecast.
Analyzing the GIL fundamentals
The Gildan Activewear Inc [NYSE:GIL] reported sales of 3.23B for trailing twelve months, representing a surge of 2.63%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.23 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.72 points at the first support level, and at 47.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.24, and for the 2nd resistance point, it is at 48.50.
Ratios To Look Out For
It’s worth pointing out that Gildan Activewear Inc [NYSE:GIL]’s Current Ratio is 2.31. As well, the Quick Ratio is 0.98, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 2.29, the price to book ratio is 4.81 and price to earnings (TTM) ratio is 19.02.
Transactions by insiders
Recent insider trading involved DeHaan Jason, Officer, that happened on Nov 05 ’24 when 15000.0 shares were purchased. Officer, DeHaan Jason completed a deal on Aug 15 ’24 to buy 19105.0 shares.
