sports shirts
Search documents
Telsey Advisory Raises its Price Target on Gildan Activewear Inc. (GIL) to $74 from $72 and Maintains an Outperform Rating
Yahoo Finance· 2026-03-12 09:37
Core Viewpoint - Gildan Activewear Inc. is identified as one of the most oversold stocks to consider for investment, with recent price target increases from Telsey Advisory and TD Securities, despite concerns over lighter sales guidance [1][2]. Financial Performance - Gildan reported Q4 adjusted continuing operations EPS of 96 cents, slightly above the consensus estimate of 95 cents, with revenue reaching $1.08 billion, surpassing the consensus of $1.06 billion [3]. - The company anticipates run-rate cost synergies of approximately $250 million by the end of 2028, including around $100 million expected in 2026, following the acquisition of HanesBrands [3]. Analyst Ratings and Price Targets - Telsey Advisory raised its price target on Gildan to $74 from $72 while maintaining an Outperform rating, citing higher expected synergy capture and potential for earlier share buybacks [1]. - TD Securities increased its price target to $80 from $77, keeping a Buy rating after updating its model post the company's Q4 report [2]. Company Overview - Gildan Activewear manufactures and sells a variety of apparel products, including activewear like T-shirts, fleece, polos, and sports shirts, as well as hosiery products such as athletic and dress socks, under multiple brands [4].
Stifel Stays Bullish on Gildan Activewear (GIL) Stock
Yahoo Finance· 2026-03-08 10:25
Core Insights - Gildan Activewear Inc. is recognized as one of the 13 most profitable growth stocks to buy currently, with a Buy rating and a price target of $80 from Stifel Nicolaus [1] - TD Cowen Securities also maintains a Buy rating on Gildan, raising its price target from $77 to $80 following the company's fourth-quarter earnings report [2] Financial Performance - Gildan reported a Non-GAAP EPS of $0.96 for the fourth quarter, exceeding estimates by $0.01 [3] - The company's revenue for the quarter reached $1.08 billion, representing a 31.4% year-over-year increase and surpassing consensus estimates by $20 million [3] - Operating cash flows increased by 59.8%, with a 20.9% rise compared to the previous year, while free cash flows jumped 46.4% year-over-year [3] Shareholder Returns - During the quarter, Gildan returned $33 million to shareholders through dividends and share repurchases [4] - The company announced a 10% dividend increase for 2026 [4] Company Overview - Gildan Activewear Inc. is a manufacturer and seller of various apparel products, including activewear such as sports shirts, tank tops, T-shirts, polos, and fleece items [5]