Gildan Activewear (GIL) to Release Quarterly Earnings on Thursday

Gildan Activewear (TSE:GIL) (NYSE:GIL) will announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of C$0.58 per share for the quarter.

Shares of Gildan Activewear stock opened at C$45.40 on Thursday. The firm has a market cap of $9.45 billion and a PE ratio of 28.18. The company has a current ratio of 4.94, a quick ratio of 1.60 and a debt-to-equity ratio of 44.73. Gildan Activewear has a 12-month low of C$33.03 and a 12-month high of C$46.02.

In other Gildan Activewear news, Director Maryse Bertrand purchased 1,200 shares of the stock in a transaction dated Wednesday, November 21st. The shares were acquired at an average price of C$41.40 per share, for a total transaction of C$49,680.00.

A number of equities research analysts have recently issued reports on GIL shares. Desjardins raised Gildan Activewear from a “hold” rating to a “buy” rating in a research report on Friday, November 2nd. Citigroup boosted their target price on Gildan Activewear from C$43.00 to C$46.00 in a research report on Monday, December 3rd.

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About Gildan Activewear

Gildan Activewear Inc manufactures and sells a range of apparel products in the United States, Canada, Mexico, Europe, the Asia-Pacific, and Latin America. It operates in two segments, Printwear and Branded Apparel. The company manufactures and markets active wear products, including T-shirts, fleece tops and bottoms, and sport shirts under Gildan, Gildan Performance, Gildan Platinum, Gildan Hammer, Smart Basics, Comfort Colors, American Apparel, Anvil, Alstyle, Gold Toe, and Mossy Oak brands.

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Earnings History for Gildan Activewear (TSE:GIL)

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