Gildan Activewear, Inc. (NYSE:GIL) Stock Has Average Target Price of $73.58

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) has been assigned an average rating of “Moderate Buy” from the fifteen research firms that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $73.58.

Several brokerages have commented on GIL. Scotia raised their target price on shares of Gildan Activewear from $65.00 to $67.00 and gave the stock a “sector outperform” rating in a report on Friday, July 31st. Scotiabank reiterated a “sector outperform” rating and issued a $67.00 price target (up from $65.00) on shares of Gildan Activewear in a report on Friday, July 31st. Citigroup reissued a “neutral” rating on shares of Gildan Activewear in a research report on Tuesday, August 4th. UBS Group lowered their price objective on shares of Gildan Activewear from $111.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday, October 15th. Finally, Royal Bank Of Canada dropped their price objective on shares of Gildan Activewear from $82.00 to $70.00 and set an “outperform” rating on the stock in a report on Tuesday, October 20th.

Gildan Activewear Stock Down 0.0%

NYSE:GIL opened at $40.48 on Wednesday. Gildan Activewear has a 1 year low of $39.73 and a 1 year high of $73.69. The stock has a 50-day moving average price of $46.95 and a two-hundred day moving average price of $52.84. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of 77.85 and a beta of 1.11. The company has a current ratio of 1.93, a quick ratio of 1.01 and a debt-to-equity ratio of 1.15.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.17. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm posted $0.97 earnings per share. Gildan Activewear’s revenue was up 72.3% compared to the same quarter last year. As a group, equities analysts expect that Gildan Activewear will post 4.67 earnings per share for the current year.

Gildan Activewear Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Thursday, August 20th were paid a $0.2490 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $1.00 dividend on an annualized basis and a yield of 2.5%. Gildan Activewear’s dividend payout ratio is presently 192.31%.

Institutional Trading of Gildan Activewear

Several hedge funds and other institutional investors have recently modified their holdings of the company. Fifth Third Bancorp grew its stake in Gildan Activewear by 16.5% during the first quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock valued at $75,000 after acquiring an additional 192 shares in the last quarter. Mather Group LLC. lifted its stake in Gildan Activewear by 7.6% in the 3rd quarter. Mather Group LLC. now owns 3,468 shares of the textile maker’s stock worth $148,000 after purchasing an additional 244 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Gildan Activewear by 3.9% during the 4th quarter. Corient Private Wealth LLC now owns 9,043 shares of the textile maker’s stock valued at $566,000 after purchasing an additional 339 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Gildan Activewear by 5.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 6,468 shares of the textile maker’s stock valued at $359,000 after purchasing an additional 359 shares in the last quarter. Finally, Cooper Financial Group grew its position in shares of Gildan Activewear by 3.2% during the 3rd quarter. Cooper Financial Group now owns 13,270 shares of the textile maker’s stock valued at $566,000 after purchasing an additional 407 shares in the last quarter. Institutional investors and hedge funds own 82.83% of the company’s stock.

More Gildan Activewear News

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

• Neutral Sentiment: Gildan is expected to report quarterly earnings on October 29. The results and management’s update on its 2026 outlook could be an important near-term catalyst as investors assess sales trends, margins and the company’s response to the legal claims. Gildan Activewear expected earnings article
• Neutral Sentiment: Several law firms, including Rosen Law Firm, Kaplan Fox, Hagens Berman and others, are soliciting investors to seek lead-plaintiff status in a federal class action. The deadline is December 14, 2026, for investors who acquired Gildan securities between February 19, 2025 and June 15, 2026. Rosen Gildan class action article
• Negative Sentiment: The lawsuits allege that Gildan and certain executives misled investors about revenue quality, organic growth and internal controls. Specific claims include revenue inflation, channel stuffing and approximately $500 million of pulled-forward revenue. These allegations increase potential litigation, reputational and financial risks for shareholders. Gildan securities class action allegations
• Negative Sentiment: Royal Bank of Canada cut its price target for Gildan, adding to concerns about valuation and the outlook following the recent selloff. RBC cuts Gildan price target

Gildan Activewear Company Profile

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.