Gildan Activewear (GIL) to Release Quarterly Earnings on Thursday

Gildan Activewear (TSE:GIL) (NYSE:GIL) is scheduled to announce its earnings results before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of C$0.39 per share for the quarter.

Shares of Gildan Activewear (GIL) opened at C$38.87 on Thursday. The firm has a market cap of $8,530.00, a price-to-earnings ratio of 18.42 and a beta of 0.39. Gildan Activewear has a 12 month low of C$32.32 and a 12 month high of C$42.18.

A number of equities research analysts have weighed in on GIL shares. Stifel Nicolaus boosted their target price on shares of Gildan Activewear from C$34.00 to C$37.00 in a research note on Friday, December 15th. BMO Capital Markets reduced their price objective on Gildan Activewear from C$34.00 to C$30.00 and set a “market perform” rating for the company in a research note on Friday, November 3rd. Finally, National Bank Financial upped their price objective on Gildan Activewear from C$42.00 to C$44.00 and gave the stock a “sector perform” rating in a research note on Monday, January 22nd. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of C$39.50.

In other news, insider Jonathan Roiter sold 12,000 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of C$38.80, for a total value of C$465,600.00.

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Gildan Activewear Company Profile

Gildan Activewear Inc is a manufacturer and marketer of branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company operates through two segments: Printwear and Branded Apparel. The Printwear segment designs, manufactures, sources, markets, and distributes undecorated activewear products.

Earnings History for Gildan Activewear (TSE:GIL)

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