What is Scotiabank’s Estimate for TSE:GIL FY2025 Earnings?

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Investment analysts at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for shares of Gildan Activewear in a note issued to investors on Wednesday, February 11th. Scotiabank analyst J. Zamparo now expects that the company will earn $4.70 per share for the year, down from their prior estimate of $4.78. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. Scotiabank also issued estimates for Gildan Activewear’s FY2026 earnings at $6.10 EPS and FY2027 earnings at $7.17 EPS.

GIL has been the subject of a number of other research reports. Citigroup lowered shares of Gildan Activewear from a “buy” rating to a “neutral” rating and boosted their target price for the stock from C$60.00 to C$63.00 in a research report on Monday, October 20th. Desjardins set a C$95.00 price objective on Gildan Activewear and gave the stock a “buy” rating in a research note on Friday, December 19th. National Bank Financial boosted their price objective on Gildan Activewear from C$91.00 to C$92.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, TD Securities raised their target price on Gildan Activewear from C$74.00 to C$77.00 and gave the company a “buy” rating in a report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$81.75.

Gildan Activewear Price Performance

Shares of Gildan Activewear stock opened at C$98.35 on Friday. The company has a current ratio of 2.31, a quick ratio of 0.87 and a debt-to-equity ratio of 101.26. The firm has a fifty day simple moving average of C$88.41 and a 200-day simple moving average of C$82.05. The stock has a market capitalization of C$18.21 billion, a price-to-earnings ratio of 31.62, a PEG ratio of 4.55 and a beta of 1.41. Gildan Activewear has a 1-year low of C$52.77 and a 1-year high of C$99.88.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last posted its earnings results on Wednesday, October 29th. The company reported C$1.00 earnings per share for the quarter. Gildan Activewear had a return on equity of 23.10% and a net margin of 13.05%.The firm had revenue of C$1.27 billion during the quarter.

Gildan Activewear Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 15th were paid a $0.226 dividend. This represents a $0.90 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, November 19th. Gildan Activewear’s dividend payout ratio (DPR) is presently 28.39%.

About Gildan Activewear

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, Hanes®, Comfort Colors®, American Apparel®, ALLPRO¿, GOLDTOE®, Peds®, Bali®, Playtex®, Maidenform®, Bonds®, as well as Champion® which is under an exclusive licensing agreement for the printwear channel in the U.S.