Is Gildan Activewear Stock a Good Investment?
Gildan Activewear Investment Advice | GIL |
- Examine Gildan Activewear's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Gildan Activewear's leadership team and their track record. Good management can help Gildan Activewear navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Gildan Activewear's business and its evolving consumer preferences.
- Compare Gildan Activewear's performance and market position to its competitors. Analyze how Gildan Activewear is positioned in terms of product offerings, innovation, and market share.
- Check if Gildan Activewear pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Gildan Activewear's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Gildan Activewear stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Gildan Activewear is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Gildan Activewear Stock
Researching Gildan Activewear's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 86.0% of the company shares are owned by institutional investors. The book value of Gildan Activewear was currently reported as 9.98. The company has Price/Earnings To Growth (PEG) ratio of 1.73. Gildan Activewear last dividend was issued on the 21st of November 2024. The entity had 2:1 split on the 30th of March 2015.
To determine if Gildan Activewear is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Gildan Activewear's research are outlined below:
| Gildan Activewear has a strong financial position based on the latest SEC filings | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Are You Looking for a Top Momentum Pick Why Gildan Activewear is a Great Choice |
Gildan Activewear Quarterly Long Term Debt |
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Gildan Activewear uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Gildan Activewear. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Gildan Activewear's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Gildan Activewear's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Gildan Activewear's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2006-02-01 | 2005-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2005-02-01 | 2004-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2004-08-04 | 2004-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2004-02-03 | 2003-12-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2003-05-08 | 2003-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2000-12-07 | 2000-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2000-02-09 | 1999-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
1999-12-09 | 1999-09-30 | 0.03 | 0.04 | 0.01 | 33 |
Know Gildan Activewear's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Gildan Activewear is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gildan Activewear backward and forwards among themselves. Gildan Activewear's institutional investor refers to the entity that pools money to purchase Gildan Activewear's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2024-06-30 | 2.2 M | Edgepoint Investment Group, Inc. | 2024-09-30 | 1.9 M | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 1.6 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.6 M | Massachusetts Financial Services Company | 2024-09-30 | 1.5 M | Bank Of Montreal | 2024-06-30 | 1.3 M | Bmo Capital Markets Corp. | 2024-06-30 | 1.3 M | Goldman Sachs Group Inc | 2024-06-30 | 1.3 M | Alberta Investment Management Corp | 2024-09-30 | 1.2 M | Jarislowsky Fraser Ltd | 2024-09-30 | 10.3 M | Cooke & Bieler Lp | 2024-09-30 | 9.9 M |
Gildan Activewear's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 7.68 B.Market Cap |
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Gildan Activewear's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.18 | 0.10 | |
| Return On Capital Employed | 0.23 | 0.20 | |
| Return On Assets | 0.15 | 0.09 | |
| Return On Equity | 0.27 | 0.20 |
Determining Gildan Activewear's profitability involves analyzing its financial statements and using various financial metrics to determine if Gildan Activewear is a good buy. For example, gross profit margin measures Gildan Activewear's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Gildan Activewear's profitability and make more informed investment decisions.
Gildan Activewear's Earnings Breakdown by Geography
Evaluate Gildan Activewear's management efficiency
Gildan Activewear has Return on Asset of 0.1149 % which means that on every $100 spent on assets, it made $0.1149 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2371 %, implying that it generated $0.2371 on every 100 dollars invested. Gildan Activewear's management efficiency ratios could be used to measure how well Gildan Activewear manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.10. The value of Return On Capital Employed is expected to slide to 0.20. At this time, Gildan Activewear's Non Currrent Assets Other are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 3.36 this year, although the value of Non Current Assets Total will most likely fall to about 926.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.13 | 11.68 | |
| Tangible Book Value Per Share | 8.10 | 8.50 | |
| Enterprise Value Over EBITDA | 9.17 | 7.36 | |
| Price Book Value Ratio | 2.97 | 3.76 | |
| Enterprise Value Multiple | 9.17 | 7.36 | |
| Price Fair Value | 2.97 | 3.76 | |
| Enterprise Value | 7 B | 7.4 B |
The operational strategies employed by Gildan Activewear management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Dividend Yield 0.0164 | Forward Dividend Yield 0.0164 | Forward Dividend Rate 0.82 | Beta 1.604 |
Basic technical analysis of Gildan Stock
As of the 28th of November, Gildan Activewear retains the Risk Adjusted Performance of 0.1522, downside deviation of 0.9901, and Market Risk Adjusted Performance of 0.8288. Gildan Activewear technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Gildan Activewear information ratio, as well as the relationship between the value at risk and expected short fall to decide if Gildan Activewear is priced fairly, providing market reflects its last-minute price of 49.56 per share. Given that Gildan Activewear has jensen alpha of 0.1616, we strongly advise you to confirm Gildan Activewear's regular market performance to make sure the company can sustain itself at a future point.Gildan Activewear's Outstanding Corporate Bonds
Gildan Activewear issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Gildan Activewear uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Gildan bonds can be classified according to their maturity, which is the date when Gildan Activewear has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Gildan Activewear's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Gildan Activewear's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1522 | |||
| Market Risk Adjusted Performance | 0.8288 | |||
| Mean Deviation | 0.7801 | |||
| Semi Deviation | 0.7507 | |||
| Downside Deviation | 0.9901 | |||
| Coefficient Of Variation | 510.53 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Information Ratio | 0.0678 | |||
| Jensen Alpha | 0.1616 | |||
| Total Risk Alpha | 0.0291 | |||
| Sortino Ratio | 0.0697 | |||
| Treynor Ratio | 0.8188 | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.01 | |||
| Downside Variance | 0.9803 | |||
| Semi Variance | 0.5636 | |||
| Expected Short fall | (0.85) | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.1897 |
| Risk Adjusted Performance | 0.1522 | |||
| Market Risk Adjusted Performance | 0.8288 | |||
| Mean Deviation | 0.7801 | |||
| Semi Deviation | 0.7507 | |||
| Downside Deviation | 0.9901 | |||
| Coefficient Of Variation | 510.53 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Information Ratio | 0.0678 | |||
| Jensen Alpha | 0.1616 | |||
| Total Risk Alpha | 0.0291 | |||
| Sortino Ratio | 0.0697 | |||
| Treynor Ratio | 0.8188 | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.01 | |||
| Downside Variance | 0.9803 | |||
| Semi Variance | 0.5636 | |||
| Expected Short fall | (0.85) | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.1897 |
Consider Gildan Activewear's intraday indicators
Gildan Activewear intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Gildan Activewear stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 3073.18 | |||
| Daily Balance Of Power | 0.0185 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 49.61 | |||
| Day Typical Price | 49.59 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | 0.01 |
Gildan Activewear Corporate Filings
6K | 25th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 12th of November 2024 Other Reports | ViewVerify | |
| 22nd of October 2024 Other Reports | ViewVerify | |
13A | 10th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
Gildan Stock media impact
Far too much social signal, news, headlines, and media speculation about Gildan Activewear that are available to investors today. That information is available publicly through Gildan media outlets and privately through word of mouth or via Gildan internal channels. However, regardless of the origin, that massive amount of Gildan data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Gildan Activewear news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Gildan Activewear relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Gildan Activewear's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Gildan Activewear alpha.
Gildan Activewear Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Gildan Activewear can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Gildan Activewear Corporate Directors
| Marcello Caira | Independent Director | Profile | |
| Charles Herington | Independent Director | Profile | |
| Anne MartinVachon | Independent Director | Profile | |
| Craig Leavitt | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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 gross domestic product. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.124 | Dividend Share 0.801 | Earnings Share 2.51 | Revenue Per Share 19.316 | Quarterly Revenue Growth 0.024 |
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Gildan Activewear's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.