At the time of writing, Gildan Activewear Inc [GIL] stock is trading at $54.17, down -1.67%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GIL shares have gain 6.09% over the last week, with a monthly amount glided 6.49%, and 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.
For the past year, the stock price of Gildan Activewear Inc fluctuated between $32.23 and $55.12. Currently, Wall Street analysts expect the stock to reach $44.38 within the next 12 months. Gildan Activewear Inc [NYSE: GIL] shares were valued at $54.17 at the most recent close of the market. An investor can expect a potential drop of -18.07% based on the average GIL price forecast.
Analyzing the GIL fundamentals
According to Gildan Activewear Inc [NYSE:GIL], the company’s sales were 3.27B for trailing twelve months, which represents an 4.93% jump. 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 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.24 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.
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 53.70 points at the first support level, and at 53.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.02, and for the 2nd resistance point, it is at 55.86.
Ratios To Look Out For
It is important to note that Gildan Activewear Inc [NYSE:GIL] has a current ratio of 2.22. Also, the Quick Ratio is 0.89, while the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 2.51, the price to book ratio is 5.67 and price to earnings (TTM) ratio is 21.79.
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.
