Gildan Activewear (TSE:GIL) Stock Moved Down to Hold by UBS Group

UBS Group lowered shares of Gildan Activewear (TSE:GIL) (NYSE:GIL) from a strong-buy rating to a hold rating in a report released on Friday morning,Zacks reports.

Several other equities research analysts have also commented on the company. Desjardins lowered their price objective on Gildan Activewear from C$108.00 to C$90.00 and set a “buy” rating on the stock in a research report on Tuesday. National Bank Financial decreased their target price on shares of Gildan Activewear from C$107.00 to C$98.00 and set an “outperform” rating for the company in a research note on Monday, October 19th. Canaccord Genuity Group downgraded shares of Gildan Activewear from a “strong-buy” rating to a “hold” rating in a report on Thursday. Scotiabank cut shares of Gildan Activewear from a “strong-buy” rating to a “hold” rating in a report on Friday. Finally, Scotia decreased their price objective on shares of Gildan Activewear from C$67.00 to C$53.00 and set a “sector outperform” rating for the company in a research report on Tuesday. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Gildan Activewear presently has a consensus rating of “Moderate Buy” and a consensus price target of C$80.25.

Gildan Activewear Stock Performance

Shares of GIL traded down C$0.04 during mid-day trading on Friday, reaching C$49.00. The company had a trading volume of 1,945,268 shares, compared to its average volume of 665,777. Gildan Activewear has a 52-week low of C$43.69 and a 52-week high of C$100.44. The company has a quick ratio of 0.87, a current ratio of 1.93 and a debt-to-equity ratio of 145.29. The stock has a market capitalization of C$9.07 billion, a P/E ratio of 96.08, a PEG ratio of 4.55 and a beta of 1.77. The stock has a 50 day moving average of C$61.54 and a two-hundred day moving average of C$76.50.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last announced its quarterly earnings results on Thursday, November 5th. The company reported C$2.18 earnings per share for the quarter. The company had revenue of C$2.08 billion during the quarter. Gildan Activewear had a return on equity of 2.12% and a net margin of 1.33%. On average, analysts expect that Gildan Activewear will post 4.55 earnings per share for the current year.

Gildan Activewear Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 14th were issued a $0.2490 dividend. This represents a $1.00 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, August 20th. Gildan Activewear’s dividend payout ratio (DPR) is presently 186.27%.

Insider Buying and Selling

In other news, insider Maria Andrea Pirie Woodbridge sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of C$75.93, for a total value of C$607,440.00. Following the completion of the sale, the insider directly owned 2,243 shares in the company, valued at C$170,310.99. The trade was a 78.10% decrease in their ownership of the stock. Insiders own 2.26% of the company’s stock.

Gildan Activewear News Roundup

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Gildan authorized a share buyback plan, which could provide some support for the stock, although the reports do not specify its size. Gildan Activewear Inc. authorizes a Buyback Plan
• Negative Sentiment: Management cut its 2026 outlook amid a rapid change in market conditions and withdrew its 2026–2028 objectives. It now expects 2026 revenue of $5.4 billion–$5.5 billion and free cash flow of $700 million–$750 million. The lower outlook and reduced visibility are significant headwinds. Gildan 2026 outlook
• Negative Sentiment: Third-quarter pro forma sales fell 8.7% and missed expectations. Adjusted earnings rose 54% year over year but also came in below forecasts, suggesting that stronger earnings growth did not offset weakness in demand. Third-quarter results
• Negative Sentiment: UBS said business headwinds could persist through 2027, while TD Cowen lowered its price target to $49. These updates reinforce concern that recovery may take time. UBS outlook TD Cowen price target
• Negative Sentiment: Investor law firms publicized a securities class action and a December 14 lead-plaintiff deadline, adding litigation-related uncertainty. These notices are not findings of wrongdoing. Class action notice

Gildan Activewear Company Profile

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies and directly to consumers. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan, Hanes, Comfort Colors, American Apparel, ALLPRO, GOLDTOE, Peds, Bali, Playtex, Maidenform, Bonds, as well as Champion which is under an exclusive licensing agreement for the printwear channel in the U.S.