Gildan Activewear (GIL) Stock Forecast, Price Target & Predictions
GIL Stock Forecast
Gildan Activewear stock forecast is as follows: an average price target of $44.38 (represents a -8.46% downside from GIL’s last price of $48.48) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
GIL Price Target
The average price target for Gildan Activewear (GIL) is $44.38 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $40.50. This represents a potential -8.46% downside from GIL's last price of $48.48.
GIL Analyst Ratings
According to 7 Wall Street analysts, Gildan Activewear's rating consensus is 'Buy'. The analyst rating breakdown for GIL stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Gildan Activewear Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 02, 2024 | Brian Morrison | TD Securities | $50.00 | $41.01 | 21.92% | 3.14% |
| Apr 16, 2024 | Stephen MacLeod | BMO Capital | $43.00 | $35.66 | 20.58% | -11.30% |
| Mar 20, 2024 | George Doumet | Scotiabank | $40.50 | $37.85 | 7.00% | -16.46% |
| Aug 11, 2021 | Paul Lejuez | Citigroup | $44.00 | $37.53 | 17.24% | -9.24% |
The latest Gildan Activewear stock forecast, released on Aug 02, 2024 by Brian Morrison from TD Securities, set a price target of $50.00, which represents a 21.92% increase from the stock price at the time of the forecast ($41.01), and a 3.14% increase from GIL last price ($48.48).
Gildan Activewear Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $44.50 |
| Last Closing Price | $48.48 | $48.48 | $48.48 |
| Upside/Downside | -100.00% | -100.00% | -8.21% |
In the current month, the average price target of Gildan Activewear stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Gildan Activewear's last price of $48.48. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 09, 2024 | National Bank | Outperform | Outperform | Hold |
| Aug 02, 2024 | National Bank | Outperform | Outperform | Hold |
| Aug 02, 2024 | TD Securities | Buy | Buy | Hold |
| Aug 02, 2024 | CIBC | Outperform | Outperform | Hold |
| Aug 02, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 24, 2024 | National Bank | Outperform | Outperform | Hold |
| May 24, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Apr 16, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 16, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Sep 12, 2022 | RBC Capital | Outperform | Outperform | Hold |
Gildan Activewear's last stock rating was published by National Bank on Oct 09, 2024. The company gave GIL a "Outperform" rating, the same as its previous rate.
Gildan Activewear Financial Forecast
Gildan Activewear Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $702.90M | $720.02M | $850.01M | $895.58M | $774.87M | $784.25M | $801.58M | $747.15M | $589.59M | $690.15M | $602.31M |
| Avg Forecast | $1.11B | $1.09B | $1.08B | $1.06B | $1.04B | $1.02B | $1.01B | $991.57M | $834.28M | $921.95M | $889.91M | $724.65M | $809.55M | $883.31M | $851.45M | $693.27M | $760.05M | $843.07M | $818.58M | $702.31M | $760.66M | $831.08M | $820.10M | $671.82M | $734.61M | $724.62M | $697.35M | $485.70M | $615.88M | $533.04M |
| High Forecast | $1.12B | $1.10B | $1.09B | $1.07B | $1.05B | $1.03B | $1.02B | $1.00B | $841.83M | $930.29M | $897.96M | $731.21M | $816.23M | $887.17M | $859.16M | $693.27M | $768.77M | $862.81M | $825.99M | $708.66M | $767.54M | $831.08M | $820.10M | $671.82M | $734.61M | $724.62M | $697.35M | $485.70M | $615.88M | $533.04M |
| Low Forecast | $1.10B | $1.08B | $1.07B | $1.05B | $1.03B | $1.01B | $998.25M | $981.99M | $826.22M | $913.04M | $881.31M | $717.65M | $802.87M | $879.46M | $843.22M | $693.27M | $751.32M | $830.23M | $810.67M | $695.52M | $753.31M | $831.08M | $820.10M | $671.82M | $734.61M | $724.62M | $697.35M | $485.70M | $615.88M | $533.04M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.95% | 1.02% | 1.09% | 1.15% | 1.07% | 1.11% | 1.07% | 1.21% | 1.12% | 1.13% |
Gildan Activewear's average Quarter revenue forecast for Jun 23 based on 3 analysts is $818.58M, with a low forecast of $810.67M, and a high forecast of $825.99M. GIL's average Quarter revenue forecast represents a 16.46% increase compared to the company's last Quarter revenue of $702.90M (Mar 23).
Gildan Activewear EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $130.80M | $187.06M | $200.93M | $206.75M | $191.59M | $176.58M | $233.56M | $194.93M | $147.51M | $119.42M | $104.06M |
| Avg Forecast | $211.93M | $208.47M | $205.07M | $201.73M | $198.45M | $195.21M | $192.03M | $188.90M | $158.94M | $175.64M | $169.53M | $138.05M | $154.22M | $168.28M | $162.21M | $123.48M | $144.79M | $160.61M | $155.95M | $112.25M | $166.75M | $158.33M | $156.23M | $102.05M | $139.95M | $138.04M | $132.85M | $97.14M | $117.33M | $101.55M |
| High Forecast | $213.84M | $210.36M | $206.93M | $203.56M | $200.24M | $196.98M | $193.77M | $190.61M | $160.37M | $177.23M | $171.07M | $139.30M | $155.50M | $169.01M | $163.67M | $148.17M | $146.45M | $164.37M | $157.36M | $134.70M | $200.10M | $158.33M | $156.23M | $122.46M | $139.95M | $138.04M | $132.85M | $116.57M | $117.33M | $101.55M |
| Low Forecast | $209.88M | $206.46M | $203.09M | $199.78M | $196.53M | $193.32M | $190.17M | $187.07M | $157.40M | $173.94M | $167.90M | $136.72M | $152.95M | $167.54M | $160.64M | $98.78M | $143.13M | $158.16M | $154.44M | $89.80M | $133.40M | $158.33M | $156.23M | $81.64M | $139.95M | $138.04M | $132.85M | $77.71M | $117.33M | $101.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.12% | 1.27% | 1.32% | 1.88% | 1.26% | 1.69% | 1.47% | 1.52% | 1.02% | 1.02% |
3 analysts predict GIL's average Quarter EBITDA for Jun 23 to be $155.95M, with a high of $157.36M and a low of $154.44M. This is 19.22% upper than Gildan Activewear's previous annual EBITDA (Mar 23) of $130.80M.
Gildan Activewear Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $97.60M | $83.90M | $153.04M | $158.24M | $146.36M | $173.90M | $188.30M | $146.44M | $98.54M | $67.35M | $56.35M |
| Avg Forecast | $231.88M | $260.86M | $170.69M | $169.08M | $202.89M | $228.66M | $149.76M | $148.14M | $146.00M | $165.88M | $146.73M | $101.94M | $131.10M | $135.82M | $115.22M | $93.51M | $117.05M | $114.82M | $98.17M | $85.01M | $140.28M | $134.37M | $129.11M | $77.28M | $101.72M | $97.63M | $86.76M | $65.69M | $37.17M | $16.22M |
| High Forecast | $234.61M | $263.93M | $172.70M | $171.07M | $205.28M | $231.35M | $151.52M | $149.89M | $147.72M | $167.83M | $148.46M | $103.14M | $132.74M | $136.10M | $115.26M | $112.21M | $118.68M | $132.12M | $99.32M | $102.01M | $168.33M | $134.37M | $129.11M | $92.74M | $101.72M | $97.63M | $86.76M | $78.83M | $37.17M | $16.22M |
| Low Forecast | $228.96M | $257.59M | $168.54M | $166.95M | $200.34M | $225.78M | $147.87M | $146.28M | $144.17M | $163.79M | $144.89M | $100.66M | $129.45M | $135.53M | $115.18M | $74.81M | $115.43M | $106.96M | $96.93M | $68.01M | $112.22M | $134.37M | $129.11M | $61.82M | $101.72M | $97.63M | $86.76M | $52.56M | $37.17M | $16.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 0.60% | 1.14% | 1.23% | 1.89% | 1.71% | 1.93% | 1.69% | 1.50% | 1.81% | 3.47% |
Gildan Activewear's average Quarter net income forecast for Jun 23 is $98.17M, with a range of $96.93M to $99.32M. GIL's average Quarter net income forecast represents a 0.58% increase compared to the company's last Quarter net income of $97.60M (Mar 23).
Gildan Activewear SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $81.80M | $75.81M | $79.41M | $88.38M | $80.51M | $80.47M | $80.64M | $79.67M | $73.39M | $71.93M | $61.49M |
| Avg Forecast | $126.57M | $124.51M | $122.48M | $120.49M | $118.52M | $116.59M | $114.69M | $112.82M | $94.93M | $104.90M | $101.26M | $82.45M | $92.11M | $100.50M | $96.88M | $51.44M | $86.48M | $95.93M | $93.14M | $46.76M | $64.91M | $94.56M | $93.31M | $42.51M | $83.58M | $82.45M | $79.35M | $48.92M | $70.08M | $60.65M |
| High Forecast | $127.72M | $125.64M | $123.59M | $121.58M | $119.60M | $117.65M | $115.73M | $113.84M | $95.79M | $105.85M | $102.17M | $83.20M | $92.87M | $100.94M | $97.76M | $61.73M | $87.47M | $98.17M | $93.98M | $56.11M | $77.89M | $94.56M | $93.31M | $51.01M | $83.58M | $82.45M | $79.35M | $58.71M | $70.08M | $60.65M |
| Low Forecast | $125.35M | $123.31M | $121.30M | $119.32M | $117.38M | $115.46M | $113.58M | $111.73M | $94.01M | $103.89M | $100.28M | $81.66M | $91.35M | $100.07M | $95.94M | $41.15M | $85.49M | $94.46M | $92.24M | $37.41M | $51.93M | $94.56M | $93.31M | $34.01M | $83.58M | $82.45M | $79.35M | $39.14M | $70.08M | $60.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.75% | 1.17% | 0.84% | 0.95% | 1.89% | 0.96% | 0.98% | 1.00% | 1.50% | 1.03% | 1.01% |
Gildan Activewear's average Quarter SG&A projection for Jun 23 is $93.14M, based on 3 Wall Street analysts, with a range of $92.24M to $93.98M. The forecast indicates a 13.86% rise compared to GIL last annual SG&A of $81.80M (Mar 23).
Gildan Activewear EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.54 | $0.47 | $0.84 | $0.85 | $0.77 | $0.90 | $0.95 | $0.74 | $0.50 | $0.34 | $0.28 |
| Avg Forecast | $1.44 | $1.62 | $1.06 | $1.05 | $1.26 | $1.42 | $0.93 | $0.92 | $0.91 | $1.03 | $0.91 | $0.63 | $0.81 | $0.84 | $0.72 | $0.52 | $0.73 | $0.71 | $0.61 | $0.52 | $0.68 | $0.80 | $0.77 | $0.51 | $0.60 | $0.58 | $0.52 | $0.19 | $0.22 | $0.10 |
| High Forecast | $1.46 | $1.64 | $1.07 | $1.06 | $1.27 | $1.44 | $0.94 | $0.93 | $0.92 | $1.04 | $0.92 | $0.64 | $0.82 | $0.85 | $0.72 | $0.52 | $0.74 | $0.82 | $0.62 | $0.52 | $0.69 | $0.80 | $0.77 | $0.51 | $0.60 | $0.58 | $0.52 | $0.19 | $0.22 | $0.10 |
| Low Forecast | $1.42 | $1.60 | $1.05 | $1.04 | $1.24 | $1.40 | $0.92 | $0.91 | $0.90 | $1.02 | $0.90 | $0.63 | $0.80 | $0.84 | $0.72 | $0.52 | $0.72 | $0.66 | $0.60 | $0.51 | $0.67 | $0.80 | $0.77 | $0.51 | $0.60 | $0.58 | $0.52 | $0.19 | $0.22 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.69% | 1.05% | 1.11% | 1.51% | 1.49% | 1.64% | 1.43% | 2.67% | 1.54% | 2.90% |
According to 3 Wall Street analysts, Gildan Activewear's projected average Quarter EPS for Jun 23 is $0.61, with a low estimate of $0.60 and a high estimate of $0.62. This represents a 12.89% increase compared to GIL previous annual EPS of $0.54 (Mar 23).
Gildan Activewear Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ZGN | Ermenegildo Zegna | $7.65 | $11.00 | 43.79% | Buy |
| OXM | Oxford Industries | $78.27 | $101.40 | 29.55% | Buy |
| PVH | PVH | $102.58 | $123.96 | 20.84% | Buy |
| COLM | Columbia Sportswear Company | $84.59 | $83.75 | -0.99% | Hold |
| GIL | Gildan Activewear | $48.48 | $44.38 | -8.46% | Buy |
| GIII | G-III Apparel Group | $30.86 | $23.57 | -23.62% | Hold |
| KTB | Kontoor Brands | $90.30 | $57.25 | -36.60% | Buy |