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Why Gildan Activewear Inc. stock went up yesterday

By Wealth Awesome -

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Stocks & ETFs:GIL.TO

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Gildan Activewear Inc. saw a notable rebound in its stock price, closing up 4.19% yesterday as investors reacted to recent market dynamics.

In yesterday's trading session, Gildan Activewear Inc. (GIL.TO) experienced a positive shift, with shares rising to CA$60.42. This uptick comes after a challenging period for the company, which had seen its stock price halved since its acquisition of HanesBrands. Investors are now weighing the implications of this rebound against ongoing operational concerns.

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Gildan Activewear Inc.

GIL.TO

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GIL.TO

Gildan Activewear Inc.

Source:WealthAwesomeWealthAwesome
↓ $19.24 (-24.15%)
120 day period
$57.41$72.02$86.63Apr 8Jul 3Sep 28

Market cap

$11.19B

P/E

33.2x

Div. yield

1.64%

Div. / share

$0.95

52W high

$99.12

52W low

$56.53

1W change

-6.76%

Beta

1.08

Analyst Price Targets

Based on analyst covering GIL · as of Sep 29, 2026

📈

Wall Street analysts forecast GIL stock price to rise 74.8% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$105.63

+74.8% Upside

Previously C$105.29 on Sep 28, 2026

Current Price

C$60.42

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on GIL's historical volatility

HistoricalForecast68%95%
C$27.66C$40.58C$53.50C$66.41C$79.33C$92.25TodayMay 21Jul 24Sep 28Nov 10Dec 24Feb 5

30-Day Vol

47.9%

Annualized

90-Day Vol

53.5%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$50.54

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$56.93C$48.26 – C$67.15
60 trading daysC$53.64C$42.47 – C$67.75
90 trading daysC$50.54C$37.96 – C$67.28

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.

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Investor takeaway: While Gildan's recent performance is encouraging, investors should remain cautious, as underlying challenges persist in the apparel sector.

Gildan Activewear Inc. Stock Up 4.19%

Despite yesterday's gain, Gildan's stock remains approximately 50% lower than its peak, indicating ongoing investor skepticism.

Bull case

Supporters of Gildan believe that the company’s low-cost manufacturing and the potential benefits from the HanesBrands acquisition could lead to significant long-term savings and growth opportunities.

Bear case

On the other hand, critics warn that the recent rise in the stock price may not last, especially given the difficulties related to integrating HanesBrands and a general slowdown in demand for apparel.

Market Reaction to Gildan's Performance

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The 4.19% increase in Gildan's stock price yesterday reflects a potential shift in investor sentiment. After a significant decline following the HanesBrands acquisition, this rebound may indicate that some investors see value in Gildan's long-term strategy despite recent setbacks. Analysts remain divided, with some viewing this as a buying opportunity while others caution against potential volatility.

Challenges Ahead for Gildan

Despite the positive movement in stock price, Gildan faces significant operational challenges. The integration of HanesBrands has proven costly, and concerns about demand in the cyclical apparel market persist. Investors are advised to monitor upcoming earnings reports closely to gauge whether the anticipated cost savings and demand stabilization materialize.

Looking Forward: Analyst Perspectives

Analysts remain split on Gildan's future. While some highlight the company's strong manufacturing capabilities and potential for growth through the HanesBrands acquisition, others point to the risks associated with high debt levels and softening demand. The upcoming earnings reports will be crucial in determining whether Gildan can sustain its recent gains and reassure investors about its long-term prospects.

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Wealth Awesome
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Wealth Awesome

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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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⚠️ 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.

Published: September 29, 2026
Last Updated: September 29, 2026

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