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.

Several price targets were given for GIL by the analysts covering the stock. The maximum price target given 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's 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. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, 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.

GIL has traded between a high of 31.83 and a low of 23.55 over the past year. Today's price is 30.45 percent above the 52-week low, and 3.49 percent below the high. GIL has a price/earnings 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 stock has a market capitalization of $8.57 billion. GIL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.