Gildan Activewear Inc. (TSE:GIL - Get Free Report) (NYSE:GIL) insider Maria Andrea Pirie Woodbridge sold 8,000 shares of Gildan Activewear stock in a transaction on Thursday, August 27th. The shares were sold at an average price of C$75.93, for a total value of C$607,440.00. Following the sale, the insider directly owned 2,243 shares of the company's stock, valued at approximately C$170,310.99. This trade represents a 78.10% decrease in their ownership of the stock.
Gildan Activewear Price Performance
GIL opened at C$73.81 on Friday. Gildan Activewear Inc. has a 12-month low of C$65.15 and a 12-month high of C$100.44. The company has a current ratio of 1.93, a quick ratio of 0.87 and a debt-to-equity ratio of 145.29. The business's fifty day simple moving average is C$75.50 and its 200-day simple moving average is C$80.48. The company has a market capitalization of C$13.67 billion, a price-to-earnings ratio of 144.73, a PEG ratio of 4.55 and a beta of 1.51.
Gildan Activewear (TSE:GIL - Get Free Report) (NYSE:GIL) last announced its quarterly earnings results on Thursday, July 30th. The company reported C$1.82 EPS for the quarter. The firm had revenue of C$1.13 billion for the quarter. Gildan Activewear had a return on equity of 2.12% and a net margin of 1.33%. On average, equities research analysts anticipate that Gildan Activewear Inc. will post 4.5460385 earnings per share for the current fiscal year.
Gildan Activewear Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 14th will be given a dividend of $0.249 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.3%. Gildan Activewear's dividend payout ratio (DPR) is 186.27%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on GIL shares. National Bank Financial boosted their price target on shares of Gildan Activewear from C$105.00 to C$107.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Desjardins set a C$108.00 price objective on shares of Gildan Activewear and gave the company a "buy" rating in a report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$89.50.
View Our Latest Stock Analysis on GIL
Gildan Activewear Company Profile
(
Get Free Report)
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.
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