Gildan Activewear Inc (GIL) Stock Forecast & Predictions

Gildan Activewear Inc GIL: $38.41

33Rd, Montreal, Quebec, Canada. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: gildan.com

  • Market Cap$7.55B
  • Change (52 Weeks)92.30%
  • Low (52 Weeks)$19.42
  • Gildan Activewear Inc (GIL) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Gildan Activewear Inc (GIL) is based on 15 Institutional Analyst Ratings where 53.33% are on Strong Buy, 33.33% on Moderate Buy, 6.67% remains on Hold, 0.00% are on Moderate Sell and 6.67% are on Strong Sell.

    Out of 15 Institutional Analysts, majority recommended GIL stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Gildan Activewear Inc.

    Gildan Activewear Inc (GIL) Stock Price Prediction By Analysts


    HighLowAverage
    $39.54$25.28$33.81
    $33.8111.97% Downside
    Updated: 2021-09-19 00:00:00

    The Average Price target for GIL set by the institutional analysts is $33.81 where High Estimate is $39.54, Median $34.41266302061422 and Low $25.28.

    The average price target for GIL by Institutional Analysts is $33.81, which is 11.97% Downside from the current price. So according to the Institutional Analysts, GIL Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Gildan Activewear Inc (GIL) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with GIL stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about GIL and holding their positions hoping for a further rise in the stock price and more profit.

    Gildan Activewear Inc (GIL) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    CfraHoldDowngraded
    TD SecuritiesAction List BuyUpgraded
    RBC CapitalOutperformInitiated
    National Bank FinancialOutperformUpgraded
    CIBC World MarketsOutperformUpgraded
    CIBC World MarketsOutperformReiterated
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesBuyUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    CIBC World MarketsOutperformMaintained
    RBC CapitalOutperformUpgraded
    TD SecuritiesBuyUpgraded
    National Bank FinancialOutperformUpgraded
    UBSOutperformUpgraded
    TD SecuritiesBuyMaintained
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    CIBC World MarketsOutperformUpgraded
    BMO CapitalOutperformUpgraded
    TD SecuritiesBuyMaintained
    National Bank FinancialOutperformUpgraded
    UBSNeutralInitiated
    RBC CapitalSector PerformMaintained
    National Bank FinancialOutperformUpgraded
    RBC CapitalSector PerformMaintained
    BMO CapitalMarket PerformMaintained
    RBC CapitalSector PerformMaintained
    Canaccord GenuityHoldReiterated
    National Bank FinancialSector PerformUpgraded
    National Bank FinancialSector PerformDowngraded
    Bank of AmericaDowngraded
    ScotiaBankSector OutperformUpgraded
    RBC CapitalSector PerformMaintained
    National Bank FinancialSector PerformUpgraded
    National Bank FinancialSector PerformDowngraded
    TD SecuritiesBuyDowngraded
    Edward JonesHoldDowngraded
    TD SecuritiesBuyMaintained
    Stifel NicolausHoldDowngraded
    National Bank FinancialSector PerformUpgraded
    TD SecuritiesBuyUpgraded
    Desjardins SecuritiesBuyUpgraded
    DesjardinsBuyUpgraded
    CitiNeutralMaintained
    National Bank FinancialSector PerformUpgraded
    Desjardins SecuritiesUpgraded
    Desjardins SecuritiesUpgraded
    BMO Capital MarketsUpgraded
    National Bank FinancialSector PerformUpgraded
    Desjardins SecuritiesHoldDowngraded
    DesjardinsHoldDowngraded
    CitigroupUpgraded
    National Bank FinancialSector PerformUpgraded
    Desjardins SecuritiesHoldDowngraded
    DesjardinsHoldDowngraded
    Bank of AmericaUnderperformDowngraded
    Desjardins SecuritiesUpgraded
    TD SecuritiesBuyUpgraded
    National Bank FinancialSector PerformUpgraded
    Stifel NicolausUpgraded
    National Bank FinancialSector PerformUpgraded
    BMO Capital MarketsMarket PerformDowngraded
    BMO CapitalMarket PerformDowngraded
    MacquarieNeutralInitiated
    TD SecuritiesHoldDowngraded
    National Bank FinancialSector PerformDowngraded
    BMO Capital MarketsOutperformReiterated
    RBC CapitalSector PerformMaintained
    Canaccord GenuityHoldDowngraded
    TD SecuritiesBuyMaintained
    RBC CapitalOutperformMaintained
    Desjardins SecuritiesMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalOutperformMaintained
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    SbankOutperformMaintained
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    SbankOutperformMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalOutperformMaintained
    National Bank FinancialMaintained
    Desjardins SecuritiesBuyMaintained
    National Bank FinancialMaintained
    TD SecuritiesBuyMaintained
    SbankOutperformMaintained
    RBC CapitalOutperformMaintained
    National Bank FinancialOutperformMaintained
    National Bank FinancialMaintained
    Stifel NicolausBuyMaintained
    National Bank FinancialOutperformMaintained
    Desjardins SecuritiesBuyMaintained
    Goldman SachsMaintained
    Desjardins SecuritiesBuyMaintained
    SbankOutperformMaintained
    National Bank FinancialOutperformMaintained
    DA DavidsonNeutralDowngraded
    Brean CapitalHoldInitiated
    Credit SuisseNeutralDowngraded
    SbankMaintained
    DesjardinsHoldDowngraded
    SbankMaintained
    Raymond James FinancialMaintained
    D.A. DavidsonMaintained
    D.A. DavidsonBuyMaintained
    SbankSector OutperformMaintained
    National Bank FinancialOutperformMaintained
    CitigroupNeutralMaintained
    National Bank FinancialMaintained
    SbankMaintained
    Desjardins SecuritiesMaintained
    TD SecuritiesAction Buy ListMaintained
    RBC CapitalOutperformMaintained
    Raymond James FinancialMaintained
    National Bank FinancialOutperformMaintained
    Janney CapitalNeutralMaintained
    Desjardins SecuritiesBuyMaintained
    CIBC World MarketsMaintained
    Canaccord GenuityBuyMaintained
    Buckingham ResearchBuyMaintained
    SbankMaintained
    CitigroupNeutralMaintained
    TD SecuritiesAction Buy ListMaintained
    Desjardins SecuritiesBuyMaintained
    National Bank FinancialOutperformMaintained
    Stifel NicolausBuyUpgraded
    Janney CapitalNeutralMaintained
    CIBC World MarketsSector OutperformMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaBuyUpgraded
    RBC CapitalMaintained
    Credit SuisseOutperformMaintained
    Desjardins SecuritiesBuyMaintained
    TD SecuritiesAction Buy ListMaintained
    RBC CapitalSector PerformMaintained
    Raymond James FinancialMaintained
    National Bank FinancialOutperformMaintained
    DA DavidsonBuyMaintained
    Canaccord GenuityBuyMaintained
    BMO Capital MarketsOutperformMaintained
    CitigroupHoldMaintained
    SbankMaintained
    Credit SuisseOutperformMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialMaintained
    Industrial AllianceUpgraded
    Desjardins SecuritiesBuyMaintained
    D.A. DavidsonBuyMaintained
    Buckingham ResearchBuyMaintained
    BMO Capital MarketsOutperformMaintained
    BMO CapitalOutperformMaintained
    Industrial AllianceStrong BuyInitiated
    SbankSector PerformMaintained
    Canaccord GenuityBuyMaintained
    BMO Capital MarketsOutperformMaintained
    Raymond James FinancialOutperformMaintained
    Desjardins SecuritiesBuyMaintained
    National Bank FinancialOutperformMaintained
    SbankMaintained
    Desjardins SecuritiesBuyMaintained
    TD SecuritiesAction Buy ListMaintained
    D.A. DavidsonBuyUpgraded
    GMP SecuritiesBuyUpgraded
    CitigroupNeutralMaintained
    CIBC World MarketsMaintained
    BMO Capital MarketsOutperformMaintained
    Canaccord GenuityBuyMaintained
    TD SecuritiesAction Buy ListMaintained
    StonecapOutperformMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    DA DavidsonNeutralMaintained
    CIBC World MarketsSector PerformMaintained
    BMO Capital MarketsOutperformMaintained
    BMO Capital MarketsOutperformMaintained
    Raymond James FinancialOutperformMaintained
    RBC CapitalMaintained
    TD SecuritiesMaintained
    StonecapOutperformMaintained
    Raymond James FinancialOutperformMaintained
    National Bank FinancialMaintained
    Janney CapitalNeutralMaintained
    Desjardins SecuritiesBuyMaintained
    CIBC World MarketsSector OutperformMaintained
    BMO Capital MarketsOutperformMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    Janney CapitalNeutralMaintained
    Desjardins SecuritiesMaintained
    TD SecuritiesBuyMaintained
    StonecapOutperformMaintained
    Raymond James FinancialOutperformMaintained
    National Bank FinancialMaintained
    Janney CapitalNeutralMaintained
    DesjardinsBuyUpgraded
    CitigroupMaintained
    BMO Capital MarketsOutperformMaintained
    Canaccord GenuityMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialMaintained
    Desjardins SecuritiesHoldInitiated
    DesjardinsHoldInitiated
    GMP SecuritiesHoldDowngraded
    DA DavidsonNeutralDowngraded
    Bank of AmericaNeutralMaintained
    Raymond James FinancialMaintained
    CIBC World MarketsMaintained
    RBC CapitalMaintained
    RBC CapitalSector PerformDowngraded
    DA DavidsonBuyMaintained
    Bank of AmericaNeutralDowngraded
    DA DavidsonBuyMaintained
    BMO CapitalOutperformInitiated
    Canaccord GenuityBuyMaintained
    DA DavidsonBuyMaintained
    Canaccord GenuityBuyMaintained
    Stonecap SecuritiesOutperformMaintained
    Miller TabakNeutralDowngraded
    Canaccord GenuityBuyUpgraded
    DA DavidsonBuyMaintained
    Raymond JamesOutperformMaintained
    Goldman SachsNeutralMaintained
    DA DavidsonBuyMaintained

    Gildan Activewear Inc (GIL) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.545
    The average consensus EPS for GIL is $0.545 with a high estimate of $0.629 and Low of $0.490 for the period 2021-12-31 and based on 11 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.48$0.1793762021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.68$0.51348399999999992021-06-30
    $0.48$0.1793762021-03-31
    $0.45$0.223310999999999982020-12-31
    $0.3$0.103120999999999992020-09-30
    $-0.99$-0.4146052020-06-30
    $0.06$0.115544000000000012020-03-31
    $0.41$0.4126862019-12-31
    $0.53$0.54954100000000012019-09-30
    $0.56$0.5543892019-06-30
    $0.16$0.154532019-03-31
    $0.43$0.436471499999999962018-12-31
    $0.57$0.580752018-09-30
    $0.52$0.494748500000000042018-06-30
    $0.34$0.357459200000000032018-03-31
    $0.31$0.30848432017-12-31
    $0.53$0.51797852017-09-30
    $0.49$0.48223462017-06-30
    $0.39$0.35591392017-03-31
    $0.32$0.2944152016-12-31
    $0.5$0.51731192016-09-30
    $0.41$0.421776000000000042016-06-30
    $0.28$0.283812016-03-31
    $0.28$0.280780000000000032015-12-31
    $0.52$0.51750382015-09-30
    $0.42$0.444066700000000042015-06-30
    $0.24$0.23748132015-03-31
    $-0.155$-0.150843500000000022014-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).