Gildan Activewear Inc. is making headlines with a significant stock surge.
Gildan Activewear Inc. (GIL.TO) is rising today, with shares up an impressive 7.06% to CA$78.55. This surge follows the company's strong Q2 earnings report, which showcased robust growth and positive future guidance.
Investor takeaway: Investors should consider Gildan's strong earnings performance and optimistic outlook as indicators of potential long-term growth, despite some ongoing market challenges.
Advertisement
Gildan Activewear Inc.
GIL.TO
GIL.TO
Gildan Activewear Inc.
WealthAwesomeMarket cap
$14.34B
P/E
43.3x
Div. yield
1.24%
Div. / share
$0.95
52W high
$99.12
52W low
$64.87
1W change
-3.64%
Beta
1.11
Analyst Price Targets
Based on analyst covering GIL
Wall Street analysts forecast GIL stock price to rise 33.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$102.48
+33.9% Upside
Current Price
C$76.55
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
36.6%
Annualized
90-Day Vol
52.7%
Annualized
Trend (90d)
-32.2%
Annualized drift
90d Mean
C$68.23
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$73.67 | C$64.93 โ C$83.59 |
| 60 trading days | C$70.90 | C$59.30 โ C$84.77 |
| 90 trading days | C$68.23 | C$54.82 โ C$84.93 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Gildan's Q2 Earnings Beat Expectations
Advertisement
Adjusted diluted EPS increased by 32% year-over-year to $1.28, exceeding analyst expectations and signaling strong operational performance.
Bull case
Gildan reported a remarkable 72% increase in net sales year-over-year. This growth was driven by the successful integration of HanesBrands, which is expected to generate about $100 million in synergies. The companyโs updated guidance also suggests a solid foundation for future earnings growth.
Bear case
Despite the positive earnings report, Gildan faces challenges such as high net debt and ongoing inflationary pressures. The retail environment remains soft, which could impact future sales and margins.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
