2-May-2024
CIBC Remains a Buy on Gildan Activewear (GIL)
TipRanks (Thu, 2-May 9:55 AM ET)
TipRanks (Thu, 2-May 9:41 AM ET)
Stifel Nicolaus Reaffirms Their Hold Rating on Gildan Activewear (GIL)
TipRanks (Thu, 2-May 8:06 AM ET)
Gildan Activewear: Strong Fundamentals and Positive Earnings Outlook Reinforce Buy Rating
TipRanks (Thu, 2-May 7:29 AM ET)
Gildan Activewear (GIL) Gets a Buy from RBC Capital
TipRanks (Thu, 2-May 6:34 AM ET)
Analysts Are Bullish on These Consumer Cyclical Stocks: Gildan Activewear (GIL), O-I Glass (OI)
TipRanks (Thu, 2-May 6:31 AM ET)
Gildan Activewear: A Strong Buy Amidst Growth and Market Share Expansion
TipRanks (Thu, 2-May 6:31 AM ET)
Gildan Activewear declares $0.205 dividend
Seeking Alpha News (Thu, 2-May 3:25 AM ET)
Gildan Activewear Confirms Stable 2024 Outlook
TipRanks (Wed, 1-May 5:29 PM ET)
Gildan Activewear Q1 2024: Strategic Growth Focus
TipRanks (Wed, 1-May 5:28 PM ET)
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.
Gildan Activewear Class A Sub. Vot. trades on the NYSE stock market under the symbol GIL.
As of May 2, 2024, GIL stock price declined to $33.53 with 1,606,364 million shares trading.
GIL has a beta of 1.55, meaning it tends to be more sensitive to market movements. GIL has a correlation of 0.35 to the broad based SPY ETF.
GIL has a market cap of $5.66 billion. This is considered a Mid Cap stock.
Last quarter Gildan Activewear Class A Sub. Vot. reported $696 million in Revenue and $.59 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.08.
In the last 3 years, GIL stock traded as high as $43.63 and as low as $25.67.
The top ETF exchange traded funds that GIL belongs to (by Net Assets): DFIC, DIHP, DFAI, DFAX, GVLU.
GIL has underperformed the market in the last year with a price return of +5.8% while the SPY ETF gained +23.2%. GIL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.4% and -4.8%, respectively, while the SPY returned +3.6% and +0.9%, respectively.
GIL support price is $33.98 and resistance is $35.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GIL stock will trade within this expected range on the day.