Gildan Activewear (TSE:GIL) Price Target Raised to C$101.00 at National Bank Financial

Gildan Activewear (TSE:GIL) (NYSE:GIL) had its price target lifted by National Bank Financial from C$100.00 to C$101.00 in a research report sent to investors on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other analysts have also recently weighed in on the company. TD Securities boosted their price target on Gildan Activewear from C$77.00 to C$80.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Desjardins boosted their price target on Gildan Activewear from C$95.00 to C$108.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$88.00.

Gildan Activewear Stock Down 0.8%

Shares of GIL stock traded down C$0.69 on Friday, reaching C$83.61. 554,607 shares of the company’s stock traded hands, compared to its average volume of 558,896. Gildan Activewear has a 12-month low of C$62.80 and a 12-month high of C$100.44. The company has a debt-to-equity ratio of 137.08, a quick ratio of 0.87 and a current ratio of 2.11. The company has a market capitalization of C$15.48 billion, a P/E ratio of 32.03, a price-to-earnings-growth ratio of 4.55 and a beta of 1.57. The business’s 50 day moving average price is C$82.56 and its two-hundred day moving average price is C$84.90.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last issued its quarterly earnings results on Thursday, April 30th. The company reported C$0.60 earnings per share for the quarter. Gildan Activewear had a return on equity of 20.25% and a net margin of 11.00%.The business had revenue of C$1.62 billion for the quarter. On average, equities analysts forecast that Gildan Activewear will post 4.5460385 earnings per share for the current year.

Gildan Activewear Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Monday, April 13th were paid a $0.249 dividend. The ex-dividend date was Thursday, March 19th. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. This is an increase from Gildan Activewear’s previous quarterly dividend of $0.23. Gildan Activewear’s dividend payout ratio (DPR) is presently 34.64%.

Gildan Activewear News Summary

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

• Positive Sentiment: National Bank Financial raised its price target to C$101 and kept an “outperform” rating — a vote of confidence from an analyst that suggests upside versus the current share level. Read More.
• Positive Sentiment: Gildan reported record Q1 net sales (driven by the HanesBrands acquisition), reiterated full?year guidance and expects near?term synergy capture ($100M in 2026; ~$250M run?rate), and declared a cash dividend — all supportive for medium?term revenue and cash flow upside. Read More.
• Positive Sentiment: Shareholders re?elected the full slate of directors and approved key resolutions (auditor reappointment, Shareholder Rights Plan, say?on?pay) — signals governance stability after last year’s proxy events. Read More.
• Neutral Sentiment: Analyst/earnings synopses and the Q&A from the earnings call are circulating — helpful for modeling but contain no major surprises beyond management’s guidance and integration timeline. Read More.
• Neutral Sentiment: Pre?earnings coverage noted integration progress would be the key focus heading into results — this framed investor expectations ahead of the release. Read More.
• Neutral Sentiment: Short?term price action showed a bounce earlier in the week as investors digested the numbers; that move is being offset by today’s reaction to the mix of good top?line growth and profitability/cash concerns. Read More.
• Negative Sentiment: Despite record sales, Gildan posted a GAAP loss (diluted loss per share) in Q1, saw operating margins pressured by acquisition purchase?accounting items and integration costs, used cash in operations, and ended the quarter with higher net debt and a leverage ratio above management’s target — these are the main reasons the stock is under pressure. Read More.
• Negative Sentiment: Analysts and writeups highlight the HanesBrands purchase accounting (inventory fair?value step?up), elevated SG&A and financing costs, and temporarily suspended buybacks until leverage improves — factors that depress near?term EPS and cash returns to shareholders. Read More.

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. 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.