FY2026 EPS Estimates for Gildan Activewear Cut by Scotiabank

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Stock analysts at Scotiabank dropped their FY2026 earnings estimates for shares of Gildan Activewear in a note issued to investors on Thursday, March 5th. Scotiabank analyst J. Zamparo now anticipates that the company will post earnings per share of $5.79 for the year, down from their previous forecast of $6.10. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. Scotiabank also issued estimates for Gildan Activewear’s FY2027 earnings at $7.04 EPS.

GIL has been the subject of several other research reports. TD Securities upped their price target on Gildan Activewear from C$77.00 to C$80.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Desjardins lifted their target price on shares of Gildan Activewear from C$95.00 to C$108.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Gildan Activewear has an average rating of “Buy” and an average price target of C$85.75.

Gildan Activewear Stock Performance

TSE GIL opened at C$89.94 on Friday. The firm has a market cap of C$16.65 billion, a P/E ratio of 28.92, a P/E/G ratio of 4.55 and a beta of 1.39. Gildan Activewear has a 52-week low of C$52.77 and a 52-week high of C$100.44. The business’s 50-day moving average price is C$91.79 and its 200 day moving average price is C$84.50. The company has a quick ratio of 0.87, a current ratio of 2.11 and a debt-to-equity ratio of 137.08.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last released its quarterly earnings results on Thursday, February 26th. The company reported C$1.31 EPS for the quarter. The firm had revenue of C$1.41 billion during the quarter. Gildan Activewear had a net margin of 11.00% and a return on equity of 20.25%.

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.