GIL Stock Summary and Trading Ideas (Gildan Activewear Class A Sub. Vot. | NYSE:GIL)

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 US.

Gildan Activewear Class A Sub. Vot. trades on the NYSE stock market under the symbol GIL.

As of January 6, 2025, GIL stock price climbed to $47.10 with 273,129 million shares trading.

GIL has a beta of 0.48, meaning it tends to be less sensitive to market movements. GIL has a correlation of 0.08 to the broad based SPY ETF.

GIL has a market cap of $7.27 billion. This is considered a Mid Cap stock.

Last quarter Gildan Activewear Class A Sub. Vot. reported $891 million in Revenue and $.85 earnings per share. This fell short of revenue expectation by $-339 million and missed earnings estimates by -$.32.

In the last 3 years, GIL traded as high as $50.60 and as low as $25.67.

The top ETF exchange traded funds that GIL belongs to (by Net Assets): SMIG, DIHP, DFIC, DFAI, DFAX.

GIL has outperformed the market in the last year with a price return of +50.6% while the SPY ETF gained +28.7%. However, in the short term, GIL had mixed performance relative to the market. It has underperformed in the last 3 months, returning +0.7% vs +4.2% return in SPY. But in the last 2 weeks, GIL shares have fared better than the market returning +0.7% compared to SPY +0.1%.

GIL support price is $46.26 and resistance is $47.56 (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 shares will trade within this expected range on the day.