Gildan Activewear Stock Buy Hold or Sell Recommendation
| GIL Stock | CAD 69.80 0.28 0.40% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Gildan Activewear is 'Hold'. The recommendation algorithm takes into account all of Gildan Activewear's available fundamental, technical, and predictive indicators you will find on this site.
Check out Gildan Activewear Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide. In addition, we conduct extensive research on individual companies such as Gildan and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Gildan Activewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Gildan |
Execute Gildan Activewear Buy or Sell Advice
The Gildan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Gildan Activewear. Macroaxis does not own or have any residual interests in Gildan Activewear or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Gildan Activewear's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Gildan Activewear Trading Alerts and Improvement Suggestions
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Gildan Activewear Inc. Shares Sold by Makena Capital Management LLC - MarketBeat |
Gildan Activewear Returns Distribution Density
The distribution of Gildan Activewear's historical returns is an attempt to chart the uncertainty of Gildan Activewear's future price movements. The chart of the probability distribution of Gildan Activewear daily returns describes the distribution of returns around its average expected value. We use Gildan Activewear price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Gildan Activewear returns is essential to provide solid investment advice for Gildan Activewear.
| Mean Return | 0.23 | Value At Risk | -1.36 | Potential Upside | 1.69 | Standard Deviation | 0.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Gildan Activewear historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Gildan Activewear Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (115.1M) | 320.4M | (33.7M) | (448.8M) | 143.2M | 150.4M | |
| Change In Cash | 17.5M | 441.1M | (326.0M) | (28.8M) | (60.8M) | (57.7M) | |
| Free Cash Flow | 220.8M | 356.7M | 487.3M | 168.9M | 338.6M | 355.5M | |
| Depreciation | 156.8M | 147.2M | 135.4M | 124.9M | 121.6M | 82.8M | |
| Other Non Cash Items | 26.1M | 156.2M | (65.0M) | 21.9M | (61.3M) | (58.2M) | |
| Capital Expenditures | 140.2M | 58.3M | 130.2M | 244.6M | 208.0M | 122.9M | |
| Net Income | 259.8M | (225.3M) | 607.2M | 541.5M | 533.6M | 560.3M | |
| End Period Cash Flow | 64.1M | 505.3M | 179.2M | 150.4M | 89.6M | 86.6M | |
| Dividends Paid | 110.3M | 30.6M | 90.5M | 123.8M | 131.8M | 75.5M | |
| Net Borrowings | 162.5M | 139.6M | (421.5M) | 313.4M | 282.1M | 296.2M | |
| Change To Netincome | 18.8M | 150.6M | (28.3M) | 54.1M | 48.7M | 34.9M | |
| Investments | (135.8M) | (57.5M) | (187.8M) | (182.4M) | (154.9M) | (162.6M) |
Gildan Activewear Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Gildan Activewear or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Gildan Activewear's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Gildan stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.86 | |
Ir | Information ratio | 0.12 |
Gildan Activewear Volatility Alert
Gildan Activewear has low volatility with Treynor Ratio of -8.14, Maximum Drawdown of 3.67 and kurtosis of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gildan Activewear's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gildan Activewear's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Gildan Activewear Fundamentals Vs Peers
Comparing Gildan Activewear's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Gildan Activewear's direct or indirect competition across all of the common fundamentals between Gildan Activewear and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gildan Activewear or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gildan Activewear's fundamental indicators could also be used in its relative valuation, which is a method of valuing Gildan Activewear by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Gildan Activewear to competition |
| Fundamentals | Gildan Activewear | Peer Average |
| Return On Equity | 0.24 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 12.89 B | 16.62 B |
| Shares Outstanding | 154.42 M | 571.82 M |
| Shares Owned By Insiders | 2.38 % | 10.09 % |
| Shares Owned By Institutions | 86.29 % | 39.21 % |
| Number Of Shares Shorted | 738.54 K | 4.71 M |
| Price To Earning | 32.93 X | 28.72 X |
| Price To Book | 4.91 X | 9.51 X |
| Price To Sales | 3.34 X | 11.42 X |
| Revenue | 3.2 B | 9.43 B |
| Gross Profit | 958.51 M | 27.38 B |
| EBITDA | 743.03 M | 3.9 B |
| Net Income | 533.58 M | 570.98 M |
| Cash And Equivalents | 150.42 M | 2.7 B |
| Cash Per Share | 1.27 X | 5.01 X |
| Total Debt | 1.08 B | 5.32 B |
| Debt To Equity | 0.75 % | 48.70 % |
| Current Ratio | 3.91 X | 2.16 X |
| Book Value Per Share | 9.98 X | 1.93 K |
| Cash Flow From Operations | 546.61 M | 971.22 M |
| Short Ratio | 1.83 X | 4.00 X |
| Earnings Per Share | 3.52 X | 3.12 X |
| Price To Earnings To Growth | 1.69 X | 4.89 X |
| Target Price | 53.66 | |
| Number Of Employees | 49 K | 18.84 K |
| Beta | 1.6 | -0.15 |
| Market Capitalization | 10.78 B | 19.03 B |
| Total Asset | 3.51 B | 29.47 B |
| Retained Earnings | 1.61 B | 9.33 B |
| Working Capital | 963.45 M | 1.48 B |
Gildan Activewear Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Gildan . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 998.58 | |||
| Daily Balance Of Power | 0.3043 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 69.96 | |||
| Day Typical Price | 69.91 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | 0.28 |
About Gildan Activewear Buy or Sell Advice
When is the right time to buy or sell Gildan Activewear? Buying financial instruments such as Gildan Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Gildan Activewear Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.