Gildan Activewear (GIL) to Release Quarterly Earnings on Thursday

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Gildan Activewear (TSE:GIL) (NYSE:GIL) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, February 21st. Analysts expect Gildan Activewear to post earnings of C$0.58 per share for the quarter.

TSE GIL opened at C$45.40 on Thursday. Gildan Activewear has a twelve month low of C$33.03 and a twelve month high of C$46.02. The company has a quick ratio of 1.60, a current ratio of 4.94 and a debt-to-equity ratio of 44.73. The stock has a market cap of $9.45 billion and a P/E ratio of 28.18.

In other news, Director Maryse Bertrand purchased 1,200 shares of the business’s stock in a transaction on Wednesday, November 21st. The stock was purchased at an average price of C$41.40 per share, with a total value of C$49,680.00.

Several equities analysts recently weighed in on the company. Desjardins cut Gildan Activewear from a “buy” rating to a “hold” rating and boosted their price objective for the stock from C$44.00 to C$45.00 in a research report on Monday, February 4th. Citigroup boosted their price objective on Gildan Activewear from C$43.00 to C$46.00 in a research report on Monday, December 3rd.

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About Gildan Activewear

Gildan Activewear Inc manufactures and sells a range of apparel products in the United States, Canada, Mexico, Europe, the Asia-Pacific, and Latin America. It operates in two segments, Printwear and Branded Apparel. The company manufactures and markets active wear products, including T-shirts, fleece tops and bottoms, and sport shirts under Gildan, Gildan Performance, Gildan Platinum, Gildan Hammer, Smart Basics, Comfort Colors, American Apparel, Anvil, Alstyle, Gold Toe, and Mossy Oak brands.

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Earnings History for Gildan Activewear (TSE:GIL)

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