Gildan Activewear (NYSE:GIL) Stock Gets Price Target Trim from Royal Bank Of Canada

Gildan Activewear (NYSE:GIL) (TSE:GIL) had its price target cut by research analysts at Royal Bank Of Canada from $70.00 to $50.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the textile maker’s stock. Royal Bank Of Canada‘s target price would indicate a potential upside of 41.90% from the stock’s current price.

Several other research analysts have also issued reports on GIL. Scotiabank lowered Gildan Activewear from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the stock from $53.00 to $39.00 in a research report on Friday. Scotia lifted their price target on Gildan Activewear from $65.00 to $67.00 and gave the company a “sector outperform” rating in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Gildan Activewear in a research note on Thursday, August 13th. UBS Group set a $38.00 price objective on Gildan Activewear and gave the stock a “neutral” rating in a report on Friday. Finally, TD Cowen reiterated a “buy” rating on shares of Gildan Activewear in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Gildan Activewear presently has an average rating of “Moderate Buy” and a consensus target price of $61.09.

Gildan Activewear Trading Up 0.6%

GIL stock traded up $0.21 during trading on Friday, reaching $35.23. The company had a trading volume of 1,402,977 shares, compared to its average volume of 1,480,073. Gildan Activewear has a 52 week low of $31.33 and a 52 week high of $73.69. The company has a market cap of $6.53 billion, a P/E ratio of 67.88 and a beta of 1.15. The business has a 50 day moving average of $44.21 and a 200 day moving average of $55.31. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.93 and a quick ratio of 1.01.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its quarterly earnings data on Thursday, November 5th. The textile maker reported $1.54 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.03). Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. As a group, sell-side analysts forecast that Gildan Activewear will post 4.63 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Gildan Activewear

Several hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp increased its holdings in shares of Gildan Activewear by 16.5% during the first quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock valued at $75,000 after acquiring an additional 192 shares in the last quarter. Mather Group LLC. boosted its stake in Gildan Activewear by 7.6% in the 3rd quarter. Mather Group LLC. now owns 3,468 shares of the textile maker’s stock worth $148,000 after purchasing an additional 244 shares in the last quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd grew its position in Gildan Activewear by 0.7% during the 3rd quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd now owns 59,610 shares of the textile maker’s stock valued at $2,541,000 after purchasing an additional 392 shares during the last quarter. Cooper Financial Group grew its position in Gildan Activewear by 3.2% during the 3rd quarter. Cooper Financial Group now owns 13,270 shares of the textile maker’s stock valued at $566,000 after purchasing an additional 407 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in Gildan Activewear by 12.8% during the 1st quarter. D.A. Davidson & CO. now owns 3,823 shares of the textile maker’s stock valued at $213,000 after purchasing an additional 433 shares during the last quarter. 82.83% of the stock is owned by institutional investors.

Trending Headlines about Gildan Activewear

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Gildan declared a quarterly dividend of $0.249 per share, payable December 21, equivalent to about $1.00 annually and a 2.9% yield. Dividend announcement
• Neutral Sentiment: Third-quarter sales from continuing operations rose 61.1% year over year to $1.47 billion, and operating margin was 24.1% (27.0% adjusted). However, EPS of $1.54 fell short of the $1.57 consensus, and revenue also missed estimates; the company updated its 2026 guidance. Third-quarter results and guidance
• Negative Sentiment: Scotiabank lowered its rating to “sector perform” from “sector outperform” and cut its price target to $39 from $53. Canaccord Genuity also downgraded GIL to Hold from Buy, adding to cautious analyst sentiment. Canaccord downgrade
• Negative Sentiment: Multiple law firms publicized a securities class action covering purchases from February 19, 2025, through June 15, 2026, with a December 14 lead-plaintiff deadline. The suit alleges material misstatements or omissions, including a claim of channel stuffing and roughly $500 million in pulled-forward sales. The allegations are not proven, but the litigation creates added uncertainty and potential legal and reputational risk. Class action lawsuit notice

Gildan Activewear Company Profile

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.