Gildan Activewear (NYSE:GIL) Releases FY25 Earnings Guidance

Gildan Activewear (NYSE:GIL) (TSE:GIL) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $3.38-$3.58 for the period, compared to the consensus EPS estimate of $3.46. Gildan Activewear also updated its FY 2025 guidance to 3.380-3.580 EPS.

Gildan Activewear Stock Performance

Gildan Activewear stock traded up $1.95 during trading on Wednesday, reaching $53.93. The company had a trading volume of 1,121,877 shares, compared to its average volume of 519,660. The firm’s 50-day simple moving average is $49.17 and its 200 day simple moving average is $47.36. Gildan Activewear has a 52 week low of $32.23 and a 52 week high of $54.12. The company has a current ratio of 2.31, a quick ratio of 0.98 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $8.20 billion, a price-to-earnings ratio of 21.32, a price-to-earnings-growth ratio of 1.67 and a beta of 1.41.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its quarterly earnings data on Wednesday, February 19th. The textile maker reported $0.83 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.30). The company had revenue of $822.00 million during the quarter, compared to the consensus estimate of $805.75 million. Gildan Activewear had a return on equity of 26.88% and a net margin of 13.06%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. Sell-side analysts forecast that Gildan Activewear will post 2.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on GIL. BMO Capital Markets raised their price objective on shares of Gildan Activewear from $47.00 to $58.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Canaccord Genuity Group raised their price target on Gildan Activewear from $52.00 to $53.00 and gave the company a “buy” rating in a report on Friday, November 1st. Citigroup boosted their price objective on Gildan Activewear from $54.00 to $59.00 and gave the company a “buy” rating in a research report on Friday, November 1st. TD Securities increased their target price on Gildan Activewear from $58.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Finally, Stifel Nicolaus boosted their price target on Gildan Activewear from $54.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $54.78.

About Gildan Activewear

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.