Gildan Activewear Inc (GIL) concluded trading on Wednesday at a closing price of $42.61, with 4.19 million shares of worth about $178.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.19% during that period and on August 21, 2024 the price remained unchanged. Currently the company’s common shares owned by public are about 169.99M shares, out of which, 158.17M shares are available for trading.
Stock saw a price change of 2.43% in past 5 days and over the past one month there was a price change of 8.70%. Year-to-date (YTD), GIL shares are showing a performance of 28.89% which increased to 45.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.99 but also hit the highest price of $42.88 during that period. The average intraday trading volume for Gildan Activewear Inc shares is 669.00K. The stock is currently trading 3.99% above its 20-day simple moving average (SMA20), while that difference is up 7.96% for SMA50 and it goes to 18.70% higher than SMA200.
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Gildan Activewear Inc (NYSE: GIL) currently have 169.99M outstanding shares and institutions hold larger chunk of about 90.16% of that.
The stock has a current market capitalization of $6.93B and its 3Y-monthly beta is at 1.42. PE ratio of stock for trailing 12 months is 17.52, while it has posted earnings per share of $2.43 in the same period. Its PEG reads 5.95 and has Quick Ratio of 0.97 while making debt-to-equity ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GIL, volatility over the week remained 1.17% while standing at 1.96% over the month.
Analysts are in expectations that Gildan Activewear Inc (GIL) stock would likely to be making an EPS of 1.15 in the current quarter, while forecast for next quarter EPS is 1.1 and it is 4.54 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.11 which is 1.17 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.0 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 15.38% while it is estimated to increase by 13.49% in next year. EPS is likely to shrink at an annualized rate of 2.94% for next 5-years, compared to annual growth of 12.82% made by the stock over the past 5-years.
On December 07, 2023, Edward Jones Downgrade their recommendations, while on August 04, 2023, TD Securities Upgrade their ratings for the stock with a price target of $38. Stock get a Buy rating from Stifel on May 02, 2023.
