Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Gildan Activewear price target raised to C$43 from C$42 at National Bank » 12:27
08/05/22
08/05
12:27
08/05/22
12:27
GIL

Gildan Activewear

$30.93 /

-0.03 (-0.10%)

National Bank analyst…

National Bank analyst Vishal Shreedhar raised the firm's price target on Gildan Activewear to C$43 from C$42 and keeps an Outperform rating on the shares.

ShowHide Related Items >><<
GIL Gildan Activewear
$30.93 /

-0.03 (-0.10%)

GIL Gildan Activewear
$30.93 /

-0.03 (-0.10%)

08/05/22 Canaccord
Gildan Activewear price target raised to $42.50 from $37 at Canaccord
07/20/22 Stifel
Gildan Activewear price target lowered to $29 from $43 at Stifel
07/15/22 UBS
Gildan Activewear price target lowered to $42 from $54 at UBS
07/12/22 National Bank
Gildan Activewear price target lowered to C$42 from C$64 at National Bank
GIL Gildan Activewear
$30.93 /

-0.03 (-0.10%)

Recommendations
Gildan Activewear price target raised to $42.50 from $37 at Canaccord » 07:22
08/05/22
08/05
07:22
08/05/22
07:22
GIL

Gildan Activewear

$30.96 /

+1.49 (+5.06%)

Canaccord analyst Luke…

Canaccord analyst Luke Hannan raised the firm's price target on Gildan Activewear to $42.50 from $37 and keeps a Buy rating on the shares. The analyst believes the combination of stronger margins as a result of Back to Basics cost savings, the comany's low-cost manufacturing footprint, a healthy FCF generation profile and an attractive valuation creates a favorable risk/reward profile for the shares.

ShowHide Related Items >><<
GIL Gildan Activewear
$30.96 /

+1.49 (+5.06%)

GIL Gildan Activewear
$30.96 /

+1.49 (+5.06%)

07/20/22 Stifel
Gildan Activewear price target lowered to $29 from $43 at Stifel
07/15/22 UBS
Gildan Activewear price target lowered to $42 from $54 at UBS
07/12/22 National Bank
Gildan Activewear price target lowered to C$42 from C$64 at National Bank
07/05/22 TD Securities
Gildan Activewear price target lowered to $43 from $51 at TD Securities
GIL Gildan Activewear
$30.96 /

+1.49 (+5.06%)

Hot Stocks
Gildan remains 'positive' in ability to delivery three-year objectives » 07:22
08/04/22
08/04
07:22
08/04/22
07:22
GIL

Gildan Activewear

$29.47 /

+0.58 (+2.01%)

The company said,…

The company said, "As we move into the second half of the year, while we have seen some slowing, we believe the recovery of large events and travel and tourism remains a tailwind to demand, which is supported by the feedback we are getting from our major imprintables distributors. Also, while we are seeing a softening retail environment, for Gildan this is primarily impacting national account customer sales of activewear, hosiery and underwear products, which represents a smaller part of our overall business. As such, given our record first half performance and the ongoing benefits of our Back to Basics strategy, combined with our shift to the GSG strategy, we remain positive as we move forward and confident about our ability to deliver on our three-year objectives announced earlier this year."

ShowHide Related Items >><<
GIL Gildan Activewear
$29.47 /

+0.58 (+2.01%)

GIL Gildan Activewear
$29.47 /

+0.58 (+2.01%)

07/20/22 Stifel
Gildan Activewear price target lowered to $29 from $43 at Stifel
07/15/22 UBS
Gildan Activewear price target lowered to $42 from $54 at UBS
07/12/22 National Bank
Gildan Activewear price target lowered to C$42 from C$64 at National Bank
07/05/22 TD Securities
Gildan Activewear price target lowered to $43 from $51 at TD Securities
GIL Gildan Activewear
$29.47 /

+0.58 (+2.01%)

Earnings
Gildan Activewear reports Q2 adjusted EPS 86c, consensus 55c » 07:21
08/04/22
08/04
07:21
08/04/22
07:21
GIL

Gildan Activewear

$29.47 /

+0.58 (+2.01%)

Reports Q2 revenue…

Reports Q2 revenue $895.6M, consensus $715.51M. "We are pleased with our record sales and earnings for the quarter, underpinned by the Gildan sustainable growth strategy, including our focus on innovation and ESG," said Glenn Chamandy, Gildan President and CEO. "Furthermore, our first half performance points to the tight control we currently have over our supply chain and cost structure, which puts us in a good position to support our customers' demand as we move through the remainder of the year."

ShowHide Related Items >><<
GIL Gildan Activewear
$29.47 /

+0.58 (+2.01%)

GIL Gildan Activewear
$29.47 /

+0.58 (+2.01%)

07/20/22 Stifel
Gildan Activewear price target lowered to $29 from $43 at Stifel
07/15/22 UBS
Gildan Activewear price target lowered to $42 from $54 at UBS
07/12/22 National Bank
Gildan Activewear price target lowered to C$42 from C$64 at National Bank
07/05/22 TD Securities
Gildan Activewear price target lowered to $43 from $51 at TD Securities
GIL Gildan Activewear
$29.47 /

+0.58 (+2.01%)

Recommendations
Gildan Activewear price target lowered to $29 from $43 at Stifel » 09:23
07/20/22
07/20
09:23
07/20/22
09:23
GIL

Gildan Activewear

$28.47 /

+1.36 (+5.02%)

Stifel analyst Jim Duffy…

Stifel analyst Jim Duffy lowered the firm's price target on Gildan Activewear to $29 from $43 and keeps a Hold rating on the shares. He cut estimates for nearly all Americas Sports and Lifestyle Brands companies in his coverage due to high inventories, lower traffic, and early promotions. While his changes were made on a case by case basis, on average he made about a 9% reduction for the group as his revised base case assumes a soft landing for the U.S. with no recession, but that inventory imbalances and promotions pressure margins and revenues for the group, Duffy said.

ShowHide Related Items >><<
GIL Gildan Activewear
$28.47 /

+1.36 (+5.02%)

GIL Gildan Activewear
$28.47 /

+1.36 (+5.02%)

07/15/22 UBS
Gildan Activewear price target lowered to $42 from $54 at UBS
07/12/22 National Bank
Gildan Activewear price target lowered to C$42 from C$64 at National Bank
07/05/22 TD Securities
Gildan Activewear price target lowered to $43 from $51 at TD Securities
05/06/22 Desjardins
Gildan Activewear price target lowered to C$55 from C$63 at Desjardins
GIL Gildan Activewear
$28.47 /

+1.36 (+5.02%)

Recommendations
Gildan Activewear price target lowered to $42 from $54 at UBS » 08:14
07/15/22
07/15
08:14
07/15/22
08:14
GIL

Gildan Activewear

$26.37 /

-0.225 (-0.85%)

UBS analyst Jay Sole…

UBS analyst Jay Sole lowered the firm's price target on Gildan Activewear to $42 from $54 and keeps a Buy rating on the shares as part of a broader research note on Softlines Retail. The analyst sees continued elevated risk that inflation will decelerate industry sales growth and weigh on market sentiment. While softline stocks have underperformed the S&P500 with 38% year-to-date average decline, more pressure ahead is likely as investors indicate little interest in buying amid decelerating sales environment, Sole tells investors in a research note.

ShowHide Related Items >><<
GIL Gildan Activewear
$26.37 /

-0.225 (-0.85%)

GIL Gildan Activewear
$26.37 /

-0.225 (-0.85%)

07/12/22 National Bank
Gildan Activewear price target lowered to C$42 from C$64 at National Bank
07/05/22 TD Securities
Gildan Activewear price target lowered to $43 from $51 at TD Securities
05/06/22 Desjardins
Gildan Activewear price target lowered to C$55 from C$63 at Desjardins
05/05/22 Canaccord
Gildan Activewear price target lowered to $48 from $52 at Canaccord
GIL Gildan Activewear
$26.37 /

-0.225 (-0.85%)

Over a month ago
Recommendations
Gildan Activewear price target lowered to C$42 from C$64 at National Bank » 11:17
07/12/22
07/12
11:17
07/12/22
11:17
GIL

Gildan Activewear

$26.37 /

-0.79 (-2.91%)

National Bank analyst…

National Bank analyst Vishal Shreedhar lowered the firm's price target on Gildan Activewear to C$42 from C$64 and keeps an Outperform rating on the shares.

ShowHide Related Items >><<
GIL Gildan Activewear
$26.37 /

-0.79 (-2.91%)

GIL Gildan Activewear
$26.37 /

-0.79 (-2.91%)

07/05/22 TD Securities
Gildan Activewear price target lowered to $43 from $51 at TD Securities
05/06/22 Desjardins
Gildan Activewear price target lowered to C$55 from C$63 at Desjardins
05/05/22 Canaccord
Gildan Activewear price target lowered to $48 from $52 at Canaccord
03/30/22 National Bank
Gildan Activewear price target lowered to C$64 from C$65 at National Bank
GIL Gildan Activewear
$26.37 /

-0.79 (-2.91%)

Recommendations
Gildan Activewear price target lowered to $43 from $51 at TD Securities » 09:22
07/05/22
07/05
09:22
07/05/22
09:22
GIL

Gildan Activewear

$28.89 /

+0.145 (+0.50%)

TD Securities analyst…

TD Securities analyst Brian Morrison lowered the firm's price target on Gildan Activewear to $43 from $51 and keeps a Buy rating on the shares ahead of the company's Q2 results in August. The analyst views Gildan's recent share price decline as "excessive," But he sees few near-term catalysts to offset the current slowing of industry and economic growth. Improved earnings visibility for 2023 is required to lead to an expansion of the current applied multiple, Morrison tells investors in a research note.

ShowHide Related Items >><<
GIL Gildan Activewear
$28.89 /

+0.145 (+0.50%)

GIL Gildan Activewear
$28.89 /

+0.145 (+0.50%)

05/06/22 Desjardins
Gildan Activewear price target lowered to C$55 from C$63 at Desjardins
05/05/22 Canaccord
Gildan Activewear price target lowered to $48 from $52 at Canaccord
03/30/22 National Bank
Gildan Activewear price target lowered to C$64 from C$65 at National Bank
02/24/22 RBC Capital
Gildan Activewear price target raised to C$51 from C$48 at RBC Capital
GIL Gildan Activewear
$28.89 /

+0.145 (+0.50%)

Over a quarter ago
Recommendations
Gildan Activewear price target lowered to C$55 from C$63 at Desjardins » 11:38
05/06/22
05/06
11:38
05/06/22
11:38
GIL

Gildan Activewear

$31.09 /

-0.41 (-1.30%)

Desjardins analyst Chris…

Desjardins analyst Chris Li lowered the firm's price target on Gildan Activewear to C$55 from C$63 and keeps a Buy rating on the shares.

ShowHide Related Items >><<
GIL Gildan Activewear
$31.09 /

-0.41 (-1.30%)

GIL Gildan Activewear
$31.09 /

-0.41 (-1.30%)

05/05/22 Canaccord
Gildan Activewear price target lowered to $48 from $52 at Canaccord
03/30/22 National Bank
Gildan Activewear price target lowered to C$64 from C$65 at National Bank
02/24/22 RBC Capital
Gildan Activewear price target raised to C$51 from C$48 at RBC Capital
02/24/22 Canaccord
Gildan Activewear price target raised to $52 from $47 at Canaccord
GIL Gildan Activewear
$31.09 /

-0.41 (-1.30%)

Recommendations
Gildan Activewear price target lowered to $48 from $52 at Canaccord » 09:05
05/05/22
05/05
09:05
05/05/22
09:05
GIL

Gildan Activewear

$35.67 /

+0.67 (+1.91%)

Canaccord analyst Luke…

Canaccord analyst Luke Hannan lowered the firm's price target on Gildan Activewear to $48 from $52 and keeps a Buy rating on the shares. The analyst noted they released better than expected Q1 results but he modestly trimmed his target multiple and, consequently, our target price to account for the risk of any further demand moderation amid ongoing economic uncertainty.

ShowHide Related Items >><<
GIL Gildan Activewear
$35.67 /

+0.67 (+1.91%)

GIL Gildan Activewear
$35.67 /

+0.67 (+1.91%)

03/30/22 National Bank
Gildan Activewear price target lowered to C$64 from C$65 at National Bank
02/24/22 RBC Capital
Gildan Activewear price target raised to C$51 from C$48 at RBC Capital
02/24/22 Canaccord
Gildan Activewear price target raised to $52 from $47 at Canaccord
01/18/22 National Bank
Gildan Activewear price target raised to C$59 from C$58 at National Bank
GIL Gildan Activewear
$35.67 /

+0.67 (+1.91%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.