Q3 EPS Estimates for Gildan Activewear Cut by Desjardins

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) – Stock analysts at Desjardins decreased their Q3 2025 earnings per share (EPS) estimates for shares of Gildan Activewear in a report released on Sunday, October 26th. Desjardins analyst C. Li now anticipates that the textile maker will post earnings of $0.97 per share for the quarter, down from their previous estimate of $0.98. Desjardins currently has a “Buy” rating and a $95.00 target price on the stock. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its earnings results on Thursday, July 31st. The textile maker reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.01. The firm had revenue of $918.50 million for the quarter, compared to the consensus estimate of $908.41 million. Gildan Activewear had a return on equity of 34.31% and a net margin of 14.55%.The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS. Gildan Activewear has set its FY 2025 guidance at 3.400-3.560 EPS.

A number of other research firms have also recently issued reports on GIL. Wall Street Zen cut Gildan Activewear from a “buy” rating to a “hold” rating in a report on Saturday, September 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Gildan Activewear in a research note on Tuesday, October 14th. UBS Group boosted their target price on shares of Gildan Activewear from $56.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Scotiabank reissued an “outperform” rating on shares of Gildan Activewear in a research note on Thursday, August 14th. Finally, Citigroup lowered shares of Gildan Activewear from a “buy” rating to a “neutral” rating and boosted their target price for the company from $60.00 to $63.00 in a research note on Monday, October 20th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.71.

Gildan Activewear Stock Performance

NYSE GIL opened at $61.01 on Tuesday. The company has a market cap of $9.09 billion, a P/E ratio of 19.37, a P/E/G ratio of 1.94 and a beta of 1.20. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.67 and a current ratio of 3.87. The business’s 50 day moving average price is $57.25 and its 200-day moving average price is $51.56. Gildan Activewear has a fifty-two week low of $37.16 and a fifty-two week high of $62.23.

Hedge Funds Weigh In On Gildan Activewear

Hedge funds and other institutional investors have recently made changes to their positions in the company. Maseco LLP bought a new position in shares of Gildan Activewear during the 2nd quarter worth $26,000. Smartleaf Asset Management LLC grew its position in shares of Gildan Activewear by 161.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 555 shares of the textile maker’s stock worth $27,000 after buying an additional 343 shares in the last quarter. Twin Tree Management LP bought a new position in shares of Gildan Activewear during the 1st quarter worth $29,000. Olde Wealth Management LLC bought a new position in shares of Gildan Activewear during the 1st quarter worth $29,000. Finally, Farther Finance Advisors LLC grew its position in shares of Gildan Activewear by 240.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 738 shares of the textile maker’s stock worth $43,000 after buying an additional 521 shares in the last quarter. Institutional investors own 82.83% of the company’s stock.

Gildan Activewear Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Thursday, August 21st were given a dividend of $0.226 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.5%. Gildan Activewear’s dividend payout ratio is presently 28.57%.

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.