Gildan Activewear Inc (NYSE: GIL) has a price-to-earnings ratio that is above its average at 20.11x. The stock has a 36-month beta value of 1.45. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for GIL is 158.20M, and at present, short sellers hold a 1.41% of that float. On November 01, 2024, the average trading volume of GIL was 598.42K shares.
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GIL) stock’s latest price update
Gildan Activewear Inc (NYSE: GIL) has seen a rise in its stock price by 1.10 in relation to its previous close of 48.37. However, the company has experienced a 2.11% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-31 that Gildan Activewear (GIL) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.74 per share a year ago.
GIL’s Market Performance
Gildan Activewear Inc (GIL) has seen a 2.11% rise in stock performance for the week, with a 4.46% gain in the past month and a 18.29% surge in the past quarter. The volatility ratio for the week is 1.66%, and the volatility levels for the past 30 days are at 1.39% for GIL. The simple moving average for the past 20 days is 2.77% for GIL’s stock, with a 25.38% simple moving average for the past 200 days.
GIL Trading at 5.76% from the 50-Day Moving Average
After a stumble in the market that brought GIL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.12% of loss for the given period.
Volatility was left at 1.39%, however, over the last 30 days, the volatility rate increased by 1.66%, as shares surge +4.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.76% upper at present.
During the last 5 trading sessions, GIL rose by +2.11%, which changed the moving average for the period of 200-days by +54.70% in comparison to the 20-day moving average, which settled at $47.58. In addition, Gildan Activewear Inc saw 47.91% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GIL starting from DeHaan Jason, who proposed sale 19,105 shares at the price of $42.18 back on Aug 15 ’24. After this action, DeHaan Jason now owns shares of Gildan Activewear Inc, valued at $805,849 using the latest closing price.
Stock Fundamentals for GIL
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.29 for the gross margin
The net margin for Gildan Activewear Inc stands at 0.13. The total capital return value is set at 0.2. Equity return is now at value 21.95, with 11.27 for asset returns.
Based on Gildan Activewear Inc (GIL), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 8.74.
Currently, EBITDA for the company is 648.99 million with net debt to EBITDA at 1.85. When we switch over and look at the enterprise to sales, we see a ratio of 2.87. The receivables turnover for the company is 5.35for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.35.
Conclusion
To sum up, Gildan Activewear Inc (GIL) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
