Gildan Activewear Inc (GIL) to Publish Revenue on Thursday

Marco Green
April 16, 2018

The textile maker reported $0.31 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.31. 3M Company now has $128.17B valuation. The stock increased 0.58% or $0.39 during the last trading session, reaching $67.95.

Shares of GIL traded down $0.30 during midday trading on Friday, reaching $29.27. Applied Optoelectronics, Inc. (AAOI) has declined 58.92% since April 15, 2017 and is downtrending. It has outperformed by 1.81% the S&P500. During the same period last year, the firm posted $0.32 EPS. analysts predict that Gildan Activewear will post 1.87 earnings per share for the current fiscal year. Therefore 50% are positive. Gildan Activewear Inc has a 12-month low of $30.97 and a 12-month high of $41.48. Scotia Capital maintained it with "Outperform" rating and $39 target in Tuesday, January 24 report. Five analysts have rated the stock with a buy rating, The stock now has a consensus rating of "Buy" and a consensus target price of C$39.00. (NYSE:GIL) earned "Hold" rating by RBC Capital Markets. The rating was maintained by National Bank Canada with "Outperform" on Monday, October 26. Stifel Nicolaus set a $37.00 price objective on shares of Gildan Activewear and gave the stock a "buy" rating in a research report on Friday, December 15th. (NYSE:GIL) earned "Buy" rating by GMP Securities. See Gildan Activewear Inc.

Investors sentiment increased to 0.95 in Q4 2017. It improved, as 60 investors sold GS shares while 371 reduced holdings. GNODDE RICHARD J sold $1.19 million worth of stock or 4,951 shares.

Gildan Activewear declared that its board has approved a share buyback plan on Thursday, February 22nd that authorizes the company to repurchase 10,960,000 outstanding shares. Another trade for 11,829 shares valued at $3.18M was sold by CHAVEZ R. MARTIN. About 177,505 shares traded. Architects invested in 0% or 34 shares. It's down -0.34, from 1.19 in 2017Q3. 147 funds opened positions while 416 raised stakes. Raymond James Svcs Advsrs reported 17,926 shares. Eagle Asset has invested 0.62% in 3M Company (NYSE:MMM). Fmr Lc reported 0.24% stake. Moreover, Trafelet Brokaw Capital Management L.P. has 2.45% invested in the company for 92,900 shares. (NYSE:GS). Rhumbline Advisers has invested 0.33% in The Goldman Sachs Group, Inc. Regent Investment Llc holds 0.6% in 3M Company (NYSE:MMM) or 7,760 shares. Security Natl Trust Com owns 3,957 shares. Schwab Charles reported 3.17 million shares or 0.59% of all its holdings. Nomura Hldgs reported 158,420 shares. Ny State Common Retirement Fund invested 0.04% of its portfolio in Ulta Beauty, Inc. Blair William Co Il invested 0.09% of its portfolio in Monroe Capital Corporation (NASDAQ:MRCC). (TSE:GIL), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 48% are positive. 3M had 83 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of 3M Company (NYSE:MMM) has "Buy" rating given on Thursday, July 13 by Jefferies. National Bank Canada downgraded the stock to "Sector Perform" rating in Friday, August 4 report. Bank of America maintained the shares of MMM in report on Wednesday, October 25 with "Buy" rating. Gildan Activewear has a consensus rating of "Hold" and an average price target of $33.89. (NYSE:GS) has "Neutral" rating given on Wednesday, April 19 by Citigroup. The rating was initiated by Brean Capital on Thursday, October 15 with "Hold". RBC Capital Markets maintained the shares of GIL in report on Friday, November 3 with "Hold" rating. The rating was downgraded by BMO Capital Markets to "Hold" on Friday, November 3.

Gildan Activewear Inc. manufactures and sells apparel products in the United States, Canada, Mexico, Europe, the Asia-Pacific, and Latin America.The firm is worth $6.25 billion. The company has market cap of $588.73 million. It operates in two divisions, Printwear and Branded Apparel.The P/E ratio is 22.92. It has a 12.65 P/E ratio. The Printwear segment designs, makes, sources, and distributes undecorated activewear products, including T-shirts, fleece, and sport shirts under Gildan, Gildan Performance, Anvil, Comfort Colors, American Apparel, Alstyle, and New Balance brands. On Wednesday, November 1 the stock of Gildan Activewear Inc. Accern also assigned press coverage about the textile maker an impact score of 46.4672204410211 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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