Gildan Activewear Inc. has shown notable price action this week, driven by strong earnings and updates to its guidance.
Gildan Activewear Inc. (GIL.TO) has experienced a significant uptick in its stock price, rising by 13.38% over the past week. The latest surge comes after the company reported strong second-quarter earnings and provided an optimistic outlook for the remainder of the year. As investors digest the implications of these developments, here’s a closer look at what’s been happening with Gildan's stock.
Investor takeaway: With a solid earnings report and positive analyst sentiment, Gildan appears to be on a growth trajectory. However, investors should remain cautious given the stock's volatility and the current market conditions.
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Gildan Activewear Inc.
GIL.TO
GIL.TO
Gildan Activewear Inc.
WealthAwesomeMarket cap
$14.78B
P/E
44.1x
Div. yield
1.22%
Div. / share
$0.95
52W high
$99.56
52W low
$62.34
1W change
+13.38%
Beta
1.11
Analyst Price Targets
Based on analyst covering GIL
Wall Street analysts forecast GIL stock price to rise 28.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$104.60
+28.4% Upside
Current Price
C$81.44
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GIL's historical volatility
30-Day Vol
36.7%
Annualized
90-Day Vol
53.9%
Annualized
Trend (90d)
+1.8%
Annualized drift
90d Mean
C$81.95
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$81.61 | C$71.91 – C$92.62 |
| 60 trading days | C$81.78 | C$68.38 – C$97.81 |
| 90 trading days | C$81.95 | C$65.82 – C$102.04 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Gildan Activewear's Stock Up 13.38% This Week
The stock's recent performance reflects strong earnings and revised guidance, although it remains below its 52-week high of C$99.56.
Bull case
The recent earnings report showed a 32% year-over-year increase in net earnings, indicating that Gildan is well-positioned for growth. Analysts are optimistic about the stock, with an average target price suggesting a potential upside of 27.8%.
Bear case
Despite the positive news, Gildan's stock has declined 5.74% year-to-date, highlighting some underlying volatility. Investors should take note of the high P/E ratio of 44.08, which may indicate that the stock is overvalued compared to its earnings.
Recent Price Action
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Gildan Activewear Inc. closed at C$81.83, reflecting a gain of 2.07% on the day and an impressive 13.38% increase over the past week. This upward momentum follows the release of the company's second-quarter earnings, which exceeded analyst expectations.
Company News and Catalysts
The recent surge in Gildan's stock can be attributed to a strong earnings report for Q2 2026, where the company saw a 32% increase in net earnings year-over-year. Additionally, Gildan raised its full-year guidance and announced the sale of its HanesBrands Australia division, further boosting investor confidence. Analysts have responded positively, suggesting that Gildan could continue to rise on increasing earnings estimates.
Technical Picture
Gildan's stock is currently trading above its 50-day moving average of C$76.61, which is a positive indicator of momentum. However, it remains slightly below its 200-day moving average of C$82.42. The stock has a beta of 1.11, indicating it is slightly more volatile than the market. The 52-week range is C$62.34 to C$99.56, with the current price at approximately 52% of this range. Trading volume has been active, with the latest volume at 245,777 shares, compared to a 20-day average of 660,553 shares, suggesting a 1.07x increase in trading activity.
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Wealth Awesome
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