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.

GIL was given price targets by several analysts. The most optimistic analyst gave a price target of 36, which equates to a potential upside of 17.19 percent. The lowest price target was 28.42, implying a possible loss of -7.49 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.06 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of GIL to grow at a rate of -17.29 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GIL is -0.86.

In the last 52-weeks, GIL has achieved a high of 31.83 and a low of 23.55. Today's price is 30.45 percent above the 52-week low, and below the high by 3.49 percent. 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's next earnings release will be on 0000-00-00, which is days away.