Analyst Ratings for Gildan Activewear Inc. (GIL)

Updated: 2017-07-26

An average rating of Overweight has been given to Gildan Activewear Inc. (NYSE:GIL) by analysts covering the stock. GIL had previously received a consensus rating of Buy a month ago.

Of the 16 analysts covering the stock, 9 gave it a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 6. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for GIL. The most optimistic price target was 36, implying potential capital gains of 17.19 percent. The minimum price target given was 28.42, which equates to a potential downside of -7.49 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.06 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.6 percent. If we look at the last 90 days instead, we find a net average change of 1.5 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of GIL to grow at a rate of -17.29 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. GIL has a PEG ratio of -0.86.

In the last 52-weeks, GIL has achieved a high of 31.83 and a low of 23.55. Currently the stock is 30.45 percent higher than its low, and 3.49 percent below the high. GIL has a P/E ratio of 14.93. Investors typically compare the P/E ratio to a company's peers in the industry. The GIL value stock report compares GIL to some of its peers using value stock charts. The market cap of GIL is $8.57 billion. GIL will post this quarters earnings in days, on 0000-00-00.