Gildan Activewear Inc. (GIL)
NYSE: GIL · IEX Real-Time Price · USD
37.62
+2.07 (5.82%)
At close: May 24, 2024, 4:00 PM
37.02
-0.60 (-1.59%)
After-hours: May 24, 2024, 7:33 PM EDT

Gildan Activewear Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Gildan Activewear stock have an average target of 40.21, with a low estimate of 37 and a high estimate of 44. The average target predicts an increase of 6.88% from the current stock price of 37.62.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $37 $40.21 $40.5 $44
Change -1.65% +6.88% +7.66% +16.96%

Analyst Ratings

The average analyst rating for GIL stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 212223
Buy 222233
Hold 011111
Sell 000000
Strong Sell 000000
Total 445567

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$42$43
Strong Buy Maintains $42$43 +14.30% May 2, 2024
RBC Capital
RBC Capital
Buy
Initiates
$41
Buy Initiates $41 +8.98% Apr 8, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$40$44
Strong Buy Maintains $40$44 +16.96% Feb 23, 2024
Scotiabank
Scotiabank
Buy
Maintains
$40$41
Buy Maintains $40$41 +7.66% Feb 9, 2024
UBS
UBS
Hold
Downgrades
$40$37
Hold Downgrades $40$37 -1.65% Jan 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.30B
from 3.20B
Increased by 3.10%
Revenue Next Year
3.44B
from 3.30B
Increased by 4.28%
EPS This Year
3.00
from 3.03
Decreased by -1.11%
EPS Next Year
3.30
from 3.00
Increased by 10.19%
Year 2019202020212022202320242025202620272028
Revenue
2.82B1.98B2.92B3.24B3.20B3.30B3.44B3.56B3.51B3.58B
Revenue Growth
-2.91%-29.84%47.51%10.88%-1.38%3.10%4.28%3.70%-1.46%2.08%
EPS
1.27-1.143.072.933.033.003.303.493.303.50
EPS Growth
-23.49%---4.56%3.41%-1.11%10.19%5.75%-5.41%6.12%
No. Analysts -----1313322
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 3.5B 3.6B 3.8B 3.7B 3.7B
Avg 3.3B 3.4B 3.6B 3.5B 3.6B
Low 3.2B 3.3B 3.3B 3.4B 3.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.4%
10.3%
11.7%
2.4%
6.1%
Avg
3.1%
4.3%
3.7%
-1.5%
2.1%
Low
-1.2%
-1.0%
-3.0%
-4.4%
-0.9%

EPS Forecast

EPS 20242025202620272028
High 3.23 3.56 3.96 3.43 3.64
Avg 3.00 3.30 3.49 3.30 3.50
Low 2.84 2.96 3.08 3.20 3.40

EPS Growth

EPS Growth 20242025202620272028
High
6.7%
18.8%
20.0%
-1.7%
10.3%
Avg
-1.1%
10.2%
5.8%
-5.4%
6.1%
Low
-6.2%
-1.2%
-6.8%
-8.2%
3.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.