Royal Bank Of Canada Issues Pessimistic Forecast for Gildan Activewear (NYSE:GIL) Stock Price

Gildan Activewear (NYSE:GIL) (TSE:GIL) had its price objective cut by research analysts at Royal Bank Of Canada from $82.00 to $70.00 in a report issued on Tuesday, Benzinga reports. The firm currently has an “outperform” rating on the textile maker’s stock. Royal Bank Of Canada’s price target indicates a potential upside of 69.31% from the company’s current price.

Several other analysts have also commented on the company. Scotia boosted their price target on Gildan Activewear from $65.00 to $67.00 and gave the company a “sector outperform” rating in a research note on Friday, July 31st. Citigroup reiterated a “neutral” rating on shares of Gildan Activewear in a research note on Tuesday, August 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Gildan Activewear in a report on Thursday, August 13th. TD reduced their target price on shares of Gildan Activewear from $80.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. Finally, Scotiabank reaffirmed a “sector outperform” rating and issued a $67.00 target price (up from $65.00) on shares of Gildan Activewear in a report on Friday, July 31st. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $73.58.

Gildan Activewear Price Performance

NYSE:GIL traded up $0.48 during mid-day trading on Tuesday, hitting $41.34. The company’s stock had a trading volume of 110,880 shares, compared to its average volume of 1,451,755. The company has a current ratio of 1.93, a quick ratio of 1.01 and a debt-to-equity ratio of 1.15. The stock has a fifty day moving average of $48.29 and a 200-day moving average of $53.24. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 79.70 and a beta of 1.11. Gildan Activewear has a fifty-two week low of $39.93 and a fifty-two week high of $73.69.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings data on Thursday, July 30th. The textile maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.17. Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same period in the prior year, the company posted $0.97 EPS. The company’s revenue was up 72.3% compared to the same quarter last year. As a group, equities analysts forecast that Gildan Activewear will post 4.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Gildan Activewear

Several institutional investors have recently bought and sold shares of GIL. Caitong International Asset Management Co. Ltd raised its holdings in shares of Gildan Activewear by 14,833.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 448 shares of the textile maker’s stock valued at $28,000 after buying an additional 445 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in Gildan Activewear during the 1st quarter worth about $42,000. Hara Capital LLC bought a new stake in Gildan Activewear during the 2nd quarter worth about $57,000. Fifth Third Bancorp grew its holdings in Gildan Activewear by 16.5% during the 1st quarter. Fifth Third Bancorp now owns 1,355 shares of the textile maker’s stock worth $75,000 after acquiring an additional 192 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in Gildan Activewear in the 2nd quarter valued at about $75,000. Institutional investors own 82.83% of the company’s stock.

Gildan Activewear News Summary

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

• Neutral Sentiment: Several firms, including Rosen, Hagens Berman, Robbins Geller, and others, are seeking investors to serve as lead plaintiff or participate in the litigation. The deadline to seek lead-plaintiff status is December 14, 2026. These announcements largely repeat the same lawsuit-related claims rather than representing separate new operational developments. Rosen Gildan class action notice
• Negative Sentiment: The lawsuits allege that Gildan used channel stuffing to create the appearance of revenue growth and overstated organic performance. If proven, the claims could require financial restatements, damages, or regulatory scrutiny and could undermine investor confidence in management and reported results. Hagens Berman Gildan investor alert
• Negative Sentiment: Investor notices state that the allegations triggered a sharp selloff in GIL shares. The litigation adds legal costs, uncertainty around the company’s historical disclosures, and potential downside to valuation even though the allegations have not been proven in court. BFA Law Gildan class action 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.