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

Buy GIL

Analyst price target for GIL

Based on 5 analysts offering 12 month price targets for Gildan Activewear Inc.
Min Forecast
$42.50+38.98%
Avg Forecast
$44.90+46.83%
Max Forecast
$52.00+70.05%

Should I buy or sell GIL stock?

Based on 5 analysts offering ratings for Gildan Activewear Inc.
Strong Buy
Strong Buy
3 analysts 60%
Buy
1 analysts 20%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

GIL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Canaccord Genuity
Top 41%
60
Strong BuyMaintains$42.50+38.98%2022-08-05
TD Securities
Top 45%
56
Strong BuyMaintains$43.00+40.61%2022-07-05
RBC Capital
Bottom 23%
23
BuyMaintains$52.00+70.05%2022-05-05
Stifel Nicolaus
Top 12%
89
HoldDowngrades$43.00+40.61%2021-11-05
Citigroup
Top 8%
93
Strong BuyUpgrades$44.00+43.88%2021-08-11

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Forecast return on equity

Is GIL forecast to generate an efficient return?
Company
39.1%
Industry
32.76%
Market
56.05%
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
21.71%
Industry
11.91%
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 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$3.06-11.56%
Avg 2 year Forecast
$3.03-12.43%
Avg 3 year Forecast
$3.67+6.07%
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 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.3B+0.93%
Avg 2 year Forecast
$3.3B+1.81%
Avg 3 year Forecast
$3.7B+13.63%
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
-3.79%
Industry
7.3%
Market
17.92%
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
2.25%
Industry
4.43%
Market
8.19%
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$30.58$44.90+46.83%Strong Buy
RL$96.77$123.00+27.11%Buy
CPRI$48.59$70.75+45.61%Strong Buy
LEVI$18.40$26.78+45.53%Strong Buy
COLM$73.87$94.60+28.06%Hold

Gildan Activewear Stock Forecast FAQ

Is Gildan Activewear Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: GIL) stock is to Strong Buy GIL stock.

Out of 5 analysts, 3 (60%) are recommending GIL as a Strong Buy, 1 (20%) are recommending GIL as a Buy, 1 (20%) 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 2022-2024?

(NYSE: GIL) Gildan Activewear's forecast annual earnings growth rate of -3.79% is not forecast to beat the US Apparel Manufacturing industry's average forecast earnings growth rate of 7.3%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.92%.

Gildan Activewear's earnings in 2022 is $666,804,000.On average, 4 Wall Street analysts forecast GIL's earnings for 2022 to be $607,452,840, with the lowest GIL earnings forecast at $585,616,300, and the highest GIL earnings forecast at $623,333,960. On average, 3 Wall Street analysts forecast GIL's earnings for 2023 to be $601,497,420, with the lowest GIL earnings forecast at $532,017,520, and the highest GIL earnings forecast at $643,185,360.

In 2024, GIL is forecast to generate $728,546,380 in earnings, with the lowest earnings forecast at $728,546,380 and the highest earnings forecast at $728,546,380.

What is GIL's revenue growth forecast for 2022-2024?

(NYSE: GIL) Gildan Activewear's forecast annual revenue growth rate of 2.25% is not forecast to beat the US Apparel Manufacturing industry's average forecast revenue growth rate of 4.43%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.19%.

Gildan Activewear's revenue in 2022 is $3,256,284,000.On average, 3 Wall Street analysts forecast GIL's revenue for 2022 to be $652,429,362,924, with the lowest GIL revenue forecast at $640,009,136,000, and the highest GIL revenue forecast at $672,088,998,400. On average, 3 Wall Street analysts forecast GIL's revenue for 2023 to be $658,133,464,200, with the lowest GIL revenue forecast at $635,840,342,000, and the highest GIL revenue forecast at $694,163,755,200.

In 2024, GIL is forecast to generate $734,501,800,000 in revenue, with the lowest revenue forecast at $734,501,800,000 and the highest revenue forecast at $734,501,800,000.

What is GIL's forecast return on assets (ROA) for 2022-2024?

(NYSE: GIL) forecast ROA is 21.71%, which is higher than the forecast US Apparel Manufacturing industry average of 11.91%.

What is GIL's Price Target?

According to 5 Wall Street analysts that have issued a 1 year GIL price target, the average GIL price target is $44.90, with the highest GIL stock price forecast at $52.00 and the lowest GIL stock price forecast at $42.50.

On average, Wall Street analysts predict that Gildan Activewear's share price could reach $44.90 by Aug 5, 2023. The average Gildan Activewear stock price prediction forecasts a potential upside of 46.83% from the current GIL share price of $30.58.

What is GIL's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: GIL) Gildan Activewear's current Earnings Per Share (EPS) is $3.46. On average, analysts forecast that GIL's EPS will be $3.06 for 2022, with the lowest EPS forecast at $2.95, and the highest EPS forecast at $3.14. On average, analysts forecast that GIL's EPS will be $3.03 for 2023, with the lowest EPS forecast at $2.68, and the highest EPS forecast at $3.24. 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 2022-2024?

(NYSE: GIL) forecast ROE is 39.1%, which is considered strong.
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