Gildan Activewear (GIL) Set to Announce Quarterly Earnings on Thursday

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Gildan Activewear (NYSE:GIL) (TSE:GIL) is scheduled to announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.44 per share for the quarter.

Shares of GIL opened at $34.26 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.94 and a quick ratio of 1.79. The firm has a market capitalization of $7.08 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 1.37 and a beta of 0.82. Gildan Activewear has a fifty-two week low of $25.33 and a fifty-two week high of $34.70.

GIL has been the subject of a number of research analyst reports. TheStreet upgraded Gildan Activewear from a “c+” rating to a “b+” rating in a report on Monday, December 17th. ValuEngine downgraded Gildan Activewear from a “buy” rating to a “hold” rating in a report on Saturday, January 5th. Desjardins upgraded Gildan Activewear from a “hold” rating to a “buy” rating in a report on Friday, November 2nd. Raymond James restated a “strong-buy” rating and set a $40.00 price objective on shares of Gildan Activewear in a report on Friday, November 2nd. Finally, Zacks Investment Research upgraded Gildan Activewear from a “sell” rating to a “hold” rating in a report on Tuesday, November 6th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $33.43.

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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 (NYSE:GIL)

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