Gildan Activewear Inc. (TSE:GIL – Get Free Report) (NYSE:GIL) Senior Officer Rhodri Harries sold 28,698 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of C$39.00, for a total value of C$1,119,222.00.
Gildan Activewear Stock Down 0.4 %
Shares of TSE GIL opened at C$51.62 on Friday. The company has a debt-to-equity ratio of 64.76, a current ratio of 2.38 and a quick ratio of 0.87. The company has a market cap of C$8.70 billion, a P/E ratio of 12.81, a PEG ratio of 3.54 and a beta of 1.63. Gildan Activewear Inc. has a 1 year low of C$36.42 and a 1 year high of C$53.74. The firm has a 50-day simple moving average of C$49.09 and a two-hundred day simple moving average of C$47.19.
Gildan Activewear (TSE:GIL – Get Free Report) (NYSE:GIL) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.72 by C$0.08. The business had revenue of C$938.04 million during the quarter, compared to the consensus estimate of C$956.47 million. Gildan Activewear had a net margin of 16.14% and a return on equity of 26.88%. Research analysts anticipate that Gildan Activewear Inc. will post 4.0599002 earnings per share for the current year.
Gildan Activewear Increases Dividend
Analyst Upgrades and Downgrades
Several research firms recently commented on GIL. Royal Bank of Canada lifted their price target on Gildan Activewear from C$39.00 to C$41.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Desjardins lifted their price target on Gildan Activewear from C$53.00 to C$55.00 and gave the stock a “buy” rating in a research report on Thursday, February 22nd. Finally, National Bankshares dropped their price target on Gildan Activewear from C$58.00 to C$57.00 and set an “outperform” rating for the company in a research report on Friday, May 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$46.80.
Read Our Latest Stock Report on Gildan Activewear
Gildan Activewear Company Profile
Gildan Activewear Inc manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands.
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