Check Out Gildan Activewear Inc (GIL)’s Trade Data Rather Than the Analysts’ Views

With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.81 million shares. During the session, the Apparel Manufacturing company that operates in wider Consumer Cyclical sector, reached to the highest price of $35.34 whereas the lowest price it dropped to was $34.5. The 52-week range on GIL shows that it touched its highest point at $38.87 and its lowest point at $26.98 during that stretch. It currently has a 1-year price target of $41.03. With its current market cap of 5.92 billion, GIL has annualized dividend of $0.76 while the current yield stands at 2.17%. GIL paid its most recent dividend on 1710201600, while the ex-dividend date for that was 1716336000. Beta for the stock currently stands at 1.41.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GIL was up-trending over the past week, with a rise of 5.75%, but this was down by -2.34% over a month. Three-month performance surged to 2.27% while six-month performance rose 3.08%. The stock gained 14.92% in the past year, while it has gained 6.26% so far this year. A look at the trailing 12-month EPS for GIL yields 2.96 with Next year EPS estimates of 3.30. For the next quarter, that number is 0.73. This implies an EPS growth rate of 14.81% for this year and 11.96% for next year. EPS is expected to grow by 2.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.82%.

Float and Shares Shorts:

At present, 169.99 million GIL shares are outstanding with a float of 163.81 million shares on hand for trading. On 2024-04-30, short shares totaled 1.43 million, which was 85.00000000000001 higher than short shares on 1711584000. In addition to Mr. Rhodri J. Harries as the firm’s Executive VP and Chief Financial & Administrative Officer, Mr. Chuck J. Ward serves as its President of Sales, Marketing & Distribution.

Institutional Ownership:

Through their ownership of 0.85523003 of GIL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, GIL reported revenue of $695796000.0 and operating income of $108395000.0. The EBITDA in the recently reported quarter was $135112000.0 and diluted EPS was $0.47.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GIL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.