Gildan Activewear, Inc. which can be found using ticker (GIL) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 41 and 31 and has a mean target at $37.24. Now with the previous closing price of $31.75 this now indicates there is a potential upside of 17.3%. Also worth taking note is the 50 day moving average now sits at $31.42 and the 200 moving average now moves to $30.03. The market cap for the company is $5,828m. You can visit the company’s website by visiting: https://gildancorp.com
The potential market cap would be $6,836m based on the market consensus.
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, Comfort Colors, American Apparel, Alstyle, and GoldToe brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks under the Gildan, Under Armour, GoldToe, PowerSox, Signature Gold by Goldtoe, Peds, MediPeds, All Pro, and American Apparel brands. In addition, it provides men’s and boys’ underwear products, and ladies panties under the Gildan and Gildan Platinum brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.
The company has a dividend yield of 2.34% with the ex dividend date set at 13-3-2023 (DMY).
Other points of data to note are a P/E ratio of 11.12, revenue per share of 17.6 and a 12.02% return on assets.
