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 most pessimistic analyst gave a price target of 28.42, implying a possible loss 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.06 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.6 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.5 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. GIL has a PEG ratio of -0.86.

GIL has a 52-week high of 31.83 and a 52-week low of 23.55. The current market price is above the trailing year's low by 30.45 percent, 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.