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How to Buy Gildan Activewear Stock

Gildan Activewear Inc

Gildan Activewear is a apparel manufacturing company located in Quebec, Canada, which is part of the Consumer Cyclical sector, and is traded under the ticker GIL on the NYSE exchange.

Gildan Activewear stock last closed at $35.46, down 0.17% from the previous day, and has increased 10.33% in one year. It has underperformed other stocks in the Apparel Manufacturing industry by 0.07 percentage points. Gildan Activewear stock is currently +31.43% from its 52-week low of $26.98, and -5.8% from its 52-week high of $37.65.

At the moment, there are 169.99M shares of GIL outstanding. The market capitalization of GIL is $6.03B. In the last 24 hours, 530,206 GIL shares were traded.

How to Buy Gildan Activewear Stock

Not sure how to invest in Gildan Activewear stock? Here's how.
  1. Decide where to buy Gildan Activewear stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Gildan Activewear stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your payment method and add your details.
  4. Research Gildan Activewear stock: The Gildan Activewear ticker symbol is GIL. Is Gildan Activewear stock a good investment? Should you buy shares of GIL? How do GIL's underlying business fundamentals look? Do top analysts think Gildan Activewear is a good buy? Why has GIL's stock price moved recently? (Hint: Our stock analysis website can help you decide if GIL is a good stock to buy).
  5. Make your GIL buy order: Decide if you will purchase GIL shares at the current market price or use a limit order to buy GIL stock at a specific price.
  6. Keep an eye on your investment in GIL: Create a watchlist to the latest updates on your position in Gildan Activewear stock.

Step 1: Decide where to buy Gildan Activewear stock

You will need an online brokerage account in order to access the NYSE market and buy GIL stock.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy GIL stock today.

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Step 3: Put funds into your investment account

Now that you have finished signing up on a investment app, you can securely and quickly fund your account:

Check out the video below for more details transferring money into your new investment account.

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Step 4: Research Gildan Activewear stock

Once you have decided on the best place to buy Gildan Activewear stock, it's absolutely critical to analyze their stock before you buy, so you can comprehend the risk and opportunity.

Gildan Activewear stock at a glance

GIL Price
$35.46
1w %
2.66%
1y %
10.33%
5y %
0.28%
P/E
11.7x
P/B
3.08x
P/S
1.89x
PEG
0.68x
Revenue
$3.20B
Earnings
$533.58M
Fore. Rev. Growth
1.73%
Fore. Earn. Growth
21.12%
Market Cap
$6.03B
Next Earnings
N/A
Next Dividend
Apr 8, 2024

Gildan Activewear Fundamentals

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on GIL's stock page.

How is GIL stock valued?

You can use many financial metrics, analyses, models, and charts to gauge GIL's fair value.

Using relative valuations measures:

  • GIL may be undervalued based on its P/E ratio of 11.7x, relative to Apparel Manufacturing industry P/E ratio of 13.8x
  • GIL may be overvalued based on its P/B ratio of 3.08x, relative to Apparel Manufacturing industry P/B ratio of 2.76x
  • GIL may be undervalued based on its PEG ratio of 0.68x

You can access more valuation research on GIL's stock here.

How do GIL Financials look?

Passed Health Checks:

  • GIL's operating cash flow of $546.61M allows it to safely service it's debt of $1.08B.
  • GIL earnings of $643.85M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the GIL balance sheet.
  • There are more short-term assets than short-term liabilities on the GIL balance sheet.

Failed Health Checks:

  • GIL profit margin of X% has stayed the same in the past year.
  • GIL has a relatively high debt to equity ratio of 0.8.
  • Total GIL debt is higher than 5 years ago, relative to shareholder equity.

Is Gildan Activewear stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 5 sell side analysts who monitor GIL, the consensus analyst rating on Gildan Activewear is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Gildan Activewear stock forecast page.

GIL Momentum

SMA10
34.61
SMA20
34.1
SMA50
33.19
SMA100
32.67
SMA200
31.3
MACD
0.59
MACD Signal
0.44
MACD Histogram
0.15
RSI
62.97
Stochastic %K
68.13
Stochastic %D
65.1
StochRSI %K
86.3
StochRSI %D
62.43

Is GIL Making Money?

Last year, GIL earnings were $533.58M. During the last five year, GIL's earnings have gone up by 12.79% per year. This was faster than the Apparel Manufacturing industry average of 2.32%.

Last year, GIL revenue was $3.20B. In the last 5 year, GIL's revenue has gone up by 1.9% per year. This was slower than the Apparel Manufacturing industry average of 2.48%.

You can analyze GIL's earnings and revenue performance here.

What are GIL insiders up to?

In the past 12 months, insiders at GIL have not bought or sold any shares.

Get more info about who owns GIL shares here.

Does GIL stock generate passive income?

Gildan Activewear pays a dividend of 2.1%, compared to the Apparel Manufacturing industry's average dividend yield of 2.81%. If you owned $1,000 of GIL stock, you would have been paid $20.98 last year.

Gildan Activewear dividend payments have consistently grown over the past decade but have not remained stable.

Find more analysis about Gildan Activewear dividend yield and history here.

GIL Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your GIL buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Keep an eye on your investment in GIL

Now that you own some shares in GIL, you'll want to stay up-to-date on your new shares.

Add GIL to a watchlist to track the most important metrics related to your GIL stock.

GIL Feed

How to Buy Stock in Gildan Activewear

To reiterate, here are the 6 steps to buy Gildan Activewear stock:

  1. Decide where to buy Gildan Activewear stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Gildan Activewear stock
  5. Make your GIL buy order
  6. Keep an eye on your investment in GIL

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Gildan Activewear, add GIL to your watchlist below.

NYSE: GIL
$35.46-0.06 (-0.17%)
Updated Feb 23, 2024
Open eToro Account
NYSE: GIL
$35.46-0.06 (-0.17%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Gildan Activewear share?

As of Feb 23, 2024, it costs $35.46 to buy one share of Gildan Activewear stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.282 shares of GIL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Gildan Activewear stock?

According to 5 Wall Street analysts who monitor Gildan Activewear, their consensus recommendation is to buy Gildan Activewear stock.

What is the best way to buy Gildan Activewear stock?

One way to place an order for Gildan Activewear stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.