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 -1.38% downside from GIL’s last price of $45.00) 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 -1.38% downside from GIL's last price of $45.00.
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% | 11.11% |
| Apr 16, 2024 | Stephen MacLeod | BMO Capital | $43.00 | $35.66 | 20.58% | -4.44% |
| Mar 20, 2024 | George Doumet | Scotiabank | $40.50 | $37.85 | 7.00% | -10.00% |
| Aug 11, 2021 | Paul Lejuez | Citigroup | $44.00 | $37.53 | 17.24% | -2.22% |
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 11.11% increase from GIL last price ($45.00).
Gildan Activewear Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $50.00 | $44.50 |
| Last Closing Price | $45.00 | $45.00 | $45.00 |
| Upside/Downside | -100.00% | 11.11% | -1.11% |
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 $45.00. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Jul 12, 2022 | National Bank | Outperform | Outperform | Hold |
Gildan Activewear's last stock rating was published by National Bank on Aug 02, 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 | $1.09B | $1.07B | $1.05B | $1.03B | $1.02B | $999.50M | $983.21M | $967.19M | $834.95M | $920.34M | $889.91M | $720.83M | $813.40M | $891.02M | $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 | $1.09B | $1.07B | $1.05B | $1.04B | $1.02B | $1.00B | $987.87M | $971.77M | $838.90M | $924.70M | $894.13M | $724.25M | $817.25M | $896.68M | $855.49M | $696.56M | $768.77M | $862.81M | $822.47M | $705.64M | $764.27M | $835.02M | $820.10M | $684.07M | $748.00M | $737.83M | $710.07M | $494.56M | $627.12M | $542.76M |
| Low Forecast | $1.07B | $1.06B | $1.04B | $1.02B | $1.01B | $988.89M | $972.77M | $956.92M | $826.08M | $910.57M | $880.47M | $713.18M | $804.76M | $885.36M | $842.42M | $685.91M | $751.32M | $830.23M | $809.89M | $694.85M | $752.59M | $822.26M | $820.10M | $657.32M | $718.76M | $708.98M | $682.30M | $475.22M | $602.59M | $521.54M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 2 | 2 | 5 | 5 | 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 $809.89M, and a high forecast of $822.47M. 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 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 2 | 2 | 5 | 5 | 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 | $206.71M | $203.35M | $200.03M | $196.77M | $193.57M | $190.41M | $187.31M | $184.26M | $159.06M | $175.33M | $169.53M | $137.32M | $154.96M | $169.75M | $162.21M | $123.48M | $144.79M | $160.61M | $155.95M | $112.25M | $144.91M | $169.02M | $156.23M | $102.05M | $151.59M | $153.65M | $138.49M | $97.14M | $84.01M | $99.06M |
| High Forecast | $207.69M | $204.31M | $200.98M | $197.71M | $194.48M | $191.31M | $188.20M | $185.13M | $159.82M | $176.16M | $170.34M | $137.97M | $155.69M | $170.82M | $162.98M | $148.17M | $146.45M | $164.37M | $156.68M | $134.70M | $145.60M | $202.82M | $156.23M | $122.46M | $181.91M | $184.39M | $166.18M | $116.57M | $100.81M | $118.87M |
| Low Forecast | $204.52M | $201.19M | $197.91M | $194.68M | $191.51M | $188.39M | $185.32M | $182.30M | $157.37M | $173.47M | $167.73M | $135.87M | $153.31M | $168.67M | $160.49M | $98.78M | $143.13M | $158.16M | $154.29M | $89.80M | $143.37M | $135.22M | $156.23M | $81.64M | $121.27M | $122.92M | $110.79M | $77.71M | $67.21M | $79.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 1.29% | 1.19% | 1.32% | 1.88% | 1.16% | 1.52% | 1.41% | 1.52% | 1.42% | 1.05% |
3 analysts predict GIL's average Quarter EBITDA for Jun 23 to be $155.95M, with a high of $156.68M and a low of $154.29M. 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 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 2 | 2 | 5 | 5 | 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 | $242.12M | $272.39M | $178.23M | $176.55M | $211.86M | $238.76M | $156.37M | $154.69M | $149.24M | $163.40M | $155.19M | $104.59M | $135.34M | $142.47M | $120.31M | $93.51M | $122.22M | $119.89M | $102.50M | $85.01M | $113.99M | $135.91M | $129.75M | $77.28M | $127.52M | $123.55M | $105.00M | $65.69M | $50.04M | $56.35M |
| High Forecast | $243.61M | $274.06M | $179.33M | $177.63M | $213.16M | $240.23M | $157.33M | $155.64M | $150.16M | $164.40M | $156.14M | $105.23M | $136.18M | $144.19M | $121.05M | $112.21M | $123.92M | $137.96M | $103.13M | $102.01M | $114.70M | $163.09M | $129.75M | $92.74M | $153.03M | $148.26M | $126.00M | $78.83M | $60.05M | $67.63M |
| Low Forecast | $238.78M | $268.63M | $175.77M | $174.11M | $208.93M | $235.46M | $154.21M | $152.55M | $147.18M | $161.14M | $153.04M | $103.15M | $133.47M | $140.50M | $118.65M | $74.81M | $120.52M | $111.68M | $101.09M | $68.01M | $112.42M | $108.73M | $129.75M | $61.82M | $102.02M | $98.84M | $84.00M | $52.56M | $40.03M | $45.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 0.74% | 1.13% | 1.22% | 1.89% | 1.36% | 1.52% | 1.39% | 1.50% | 1.35% | 1.00% |
Gildan Activewear's average Quarter net income forecast for Jun 23 is $102.50M, with a range of $101.09M to $103.13M. GIL's average Quarter net income forecast represents a 5.02% 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 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 2 | 2 | 5 | 5 | 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 | $123.46M | $121.45M | $119.47M | $117.52M | $115.61M | $113.72M | $111.87M | $110.05M | $95.00M | $104.72M | $101.26M | $82.02M | $92.55M | $101.38M | $96.88M | $51.44M | $86.48M | $95.93M | $93.14M | $46.76M | $86.55M | $58.21M | $93.31M | $42.51M | $59.01M | $52.91M | $57.12M | $48.92M | $53.45M | $61.49M |
| High Forecast | $124.05M | $122.03M | $120.04M | $118.08M | $116.16M | $114.26M | $112.40M | $110.57M | $95.45M | $105.21M | $101.74M | $82.41M | $92.99M | $102.03M | $97.34M | $61.73M | $87.47M | $98.17M | $93.58M | $56.11M | $86.96M | $69.85M | $93.31M | $51.01M | $70.81M | $63.50M | $68.55M | $58.71M | $64.14M | $73.79M |
| Low Forecast | $122.15M | $120.16M | $118.20M | $116.28M | $114.38M | $112.52M | $110.68M | $108.88M | $93.99M | $103.61M | $100.18M | $81.15M | $91.57M | $100.74M | $95.85M | $41.15M | $85.49M | $94.46M | $92.15M | $37.41M | $85.63M | $46.56M | $93.31M | $34.01M | $47.21M | $42.33M | $45.70M | $39.14M | $42.76M | $49.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.75% | 0.88% | 1.36% | 0.95% | 1.89% | 1.36% | 1.52% | 1.39% | 1.50% | 1.35% | 1.00% |
Gildan Activewear's average Quarter SG&A projection for Jun 23 is $93.14M, based on 3 Wall Street analysts, with a range of $92.15M to $93.58M. 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 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 2 | 2 | 5 | 5 | 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 | $0.89 | $0.97 | $0.92 | $0.62 | $0.80 | $0.85 | $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 | $1.45 | $1.63 | $1.07 | $1.06 | $1.27 | $1.43 | $0.94 | $0.93 | $0.89 | $0.98 | $0.93 | $0.63 | $0.81 | $0.86 | $0.72 | $0.52 | $0.74 | $0.82 | $0.61 | $0.52 | $0.68 | $0.80 | $0.77 | $0.52 | $0.62 | $0.59 | $0.53 | $0.19 | $0.23 | $0.10 |
| Low Forecast | $1.42 | $1.60 | $1.05 | $1.04 | $1.24 | $1.40 | $0.92 | $0.91 | $0.88 | $0.96 | $0.91 | $0.61 | $0.79 | $0.84 | $0.71 | $0.51 | $0.72 | $0.66 | $0.60 | $0.51 | $0.67 | $0.79 | $0.77 | $0.50 | $0.59 | $0.56 | $0.50 | $0.18 | $0.21 | $0.09 |
| 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 $0.61. 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 | $9.95 | $16.35 | 64.32% | Buy |
| PVH | PVH | $94.72 | $125.71 | 32.72% | Buy |
| OXM | Oxford Industries | $85.15 | $101.40 | 19.08% | Buy |
| COLM | Columbia Sportswear Company | $82.67 | $87.25 | 5.54% | Hold |
| GIL | Gildan Activewear | $45.00 | $44.38 | -1.38% | Buy |
| GIII | G-III Apparel Group | $31.19 | $21.50 | -31.07% | Hold |
| KTB | Kontoor Brands | $74.88 | $46.33 | -38.13% | Buy |
GIL Forecast FAQ
Is Gildan Activewear a good buy?
Yes, according to 7 Wall Street analysts, Gildan Activewear (GIL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of GIL's total ratings.
What is GIL's price target?
Gildan Activewear (GIL) average price target is $44.38 with a range of $40.5 to $50, implying a -1.38% from its last price of $45. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Gildan Activewear stock go up soon?
According to Wall Street analysts' prediction for GIL stock, the company can go down by -1.38% (from the last price of $45 to the average price target of $44.38), up by 11.11% based on the highest stock price target, and down by -10.00% based on the lowest stock price target.
Can Gildan Activewear stock reach $70?
GIL's average twelve months analyst stock price target of $44.38 does not support the claim that Gildan Activewear can reach $70 in the near future.
What are Gildan Activewear's analysts' financial forecasts?
Gildan Activewear's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.97B (high $3.98B, low $3.92B), average EBITDA is $755.54M (high $759.12M, low $747.52M), average net income is $761.67M (high $766.36M, low $751.16M), average SG&A $451.25M (high $453.39M, low $446.46M), and average EPS is $4.53 (high $4.56, low $4.47). GIL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $4.24B (high $4.26B, low $4.19B), average EBITDA is $806.86M (high $810.69M, low $798.3M), average net income is $869.28M (high $874.64M, low $857.28M), average SG&A $481.91M (high $484.19M, low $476.79M), and average EPS is $5.17 (high $5.2, low $5.1).
Did the GIL's actual financial results beat the analysts' financial forecasts?
Based on Gildan Activewear's last annual report (Dec 2022), the company's revenue was $3.24B, beating the average analysts forecast of $3.08B by 5.09%. Apple's EBITDA was $793.23M, beating the average prediction of $572.21M by 38.62%. The company's net income was $541.54M, beating the average estimation of $456.93M by 18.52%. Apple's SG&A was $324.11M, beating the average forecast of $280.58M by 15.51%. Lastly, the company's EPS was $2.94, beating the average prediction of $2.76 by 6.66%. In terms of the last quarterly report (Mar 2023), Gildan Activewear's revenue was $702.9M, beating the average analysts' forecast of $702.31M by 0.08%. The company's EBITDA was $130.8M, beating the average prediction of $112.25M by 16.52%. Gildan Activewear's net income was $97.6M, beating the average estimation of $85.01M by 14.81%. The company's SG&A was $81.8M, beating the average forecast of $46.76M by 74.93%. Lastly, the company's EPS was $0.54, beating the average prediction of $0.515 by 4.83%