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NYSE: GIL
Gildan Activewear Inc Stock Forecast, Predictions & Price Target

Analyst price target for GIL

Based on 3 analysts offering 12 month price targets for Gildan Activewear Inc.
Min Forecast
$39.00+28.5%
Avg Forecast
$41.50+36.74%
Max Forecast
$43.00+41.68%

Should I buy or sell GIL stock?

Based on 3 analysts offering ratings for Gildan Activewear Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GIL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Bottom 16%
16
BuyMaintains$39.00+28.50%2022-11-04
Canaccord Genuity
Top 40%
61
Strong BuyMaintains$42.50+40.03%2022-08-05
TD Securities
Top 44%
57
Strong BuyMaintains$43.00+41.68%2022-07-05

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Forecast return on equity

Is GIL forecast to generate an efficient return?
Company
35.64%
Industry
32.31%
Market
49.29%
GIL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GIL forecast to generate an efficient return on assets?
Company
19.25%
Industry
11.14%
GIL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GIL earnings per share forecast

What is GIL's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$3.17-5.37%
Avg 2 year Forecast
$3.67+9.55%
GIL's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GIL revenue forecast

What is GIL's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.3B+0.32%
Avg 2 year Forecast
$3.7B+11.96%
GIL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GIL earnings growth forecast

How is GIL forecast to perform vs Apparel Manufacturing companies and vs the US market?
Company
-5.37%
Industry
56.56%
Market
85.4%
GIL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GIL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GIL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GIL revenue growth forecast

How is GIL forecast to perform vs Apparel Manufacturing companies and vs the US market?
Company
0.32%
Industry
4.04%
Market
71.5%
GIL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GIL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GIL vs Apparel Manufacturing Stocks

TickerPricePrice TargetUp/downsideConsensus
GIL$30.35$41.50+36.74%Strong Buy
UAA$12.20$12.42+1.78%Buy
PVH$87.94$82.13-6.60%Buy
COLM$91.60$84.00-8.30%Hold
LEVI$17.79$22.92+28.82%Buy

Gildan Activewear Stock Forecast FAQ

Is Gildan Activewear Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: GIL) stock is to Strong Buy GIL stock.

Out of 3 analysts, 2 (66.67%) are recommending GIL as a Strong Buy, 1 (33.33%) are recommending GIL as a Buy, 0 (0%) are recommending GIL as a Hold, 0 (0%) are recommending GIL as a Sell, and 0 (0%) are recommending GIL as a Strong Sell.

If you're new to stock investing, here's how to buy Gildan Activewear stock.

What is GIL's earnings growth forecast for 2023-2024?

(NYSE: GIL) Gildan Activewear's forecast annual earnings growth rate of -5.37% is not forecast to beat the US Apparel Manufacturing industry's average forecast earnings growth rate of 56.56%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.4%.

Gildan Activewear's earnings in 2023 is $631,536,000.On average, 4 Wall Street analysts forecast GIL's earnings for 2023 to be $572,020,160, with the lowest GIL earnings forecast at $516,081,280, and the highest GIL earnings forecast at $622,545,600.

In 2024, GIL is forecast to generate $662,244,160 in earnings, with the lowest earnings forecast at $662,244,160 and the highest earnings forecast at $662,244,160.

What is GIL's revenue growth forecast for 2023-2024?

(NYSE: GIL) Gildan Activewear's forecast annual revenue growth rate of 0.32% is not forecast to beat the US Apparel Manufacturing industry's average forecast revenue growth rate of 4.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.5%.

Gildan Activewear's revenue in 2023 is $3,304,711,000.On average, 3 Wall Street analysts forecast GIL's revenue for 2023 to be $598,239,254,400, with the lowest GIL revenue forecast at $577,974,944,000, and the highest GIL revenue forecast at $630,990,566,400.

In 2024, GIL is forecast to generate $667,657,600,000 in revenue, with the lowest revenue forecast at $667,657,600,000 and the highest revenue forecast at $667,657,600,000.

What is GIL's forecast return on assets (ROA) for 2023-2024?

(NYSE: GIL) forecast ROA is 19.25%, which is higher than the forecast US Apparel Manufacturing industry average of 11.14%.

What is GIL's Price Target?

According to 3 Wall Street analysts that have issued a 1 year GIL price target, the average GIL price target is $41.50, with the highest GIL stock price forecast at $43.00 and the lowest GIL stock price forecast at $39.00.

On average, Wall Street analysts predict that Gildan Activewear's share price could reach $41.50 by Nov 4, 2023. The average Gildan Activewear stock price prediction forecasts a potential upside of 36.74% from the current GIL share price of $30.35.

What is GIL's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: GIL) Gildan Activewear's current Earnings Per Share (EPS) is $3.35. On average, analysts forecast that GIL's EPS will be $3.17 for 2023, with the lowest EPS forecast at $2.86, and the highest EPS forecast at $3.45. In 2024, GIL's EPS is forecast to hit $3.67 (min: $3.67, max: $3.67).

What is GIL's forecast return on equity (ROE) for 2023-2024?

(NYSE: GIL) forecast ROE is 35.64%, which is considered strong.
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