Gildan Activewear Stock Target Price and Analyst Consensus
GIL Stock | USD 35.64 0.08 0.22% |
The current analyst and expert consensus on Gildan Activewear is Buy with 4 hold recommendations. The current projected Gildan Activewear target price consensus is 36.72 with 15 analyst opinions. One of the most common ways Gildan Activewear analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Gildan Activewear vendors, executives, and/or customers. Gildan Activewear recommendation module provides expert sentiment on the projected Gildan Activewear target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Gildan Activewear to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
Lowest Forecast 33.42 | Highest Forecast 40.76 | Target Price 36.72 |
Gildan |
It's important to approach Gildan Activewear's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Gildan Activewear price targets
Gildan Activewear's stock target price is an estimate of its future price, usually made by analysts. Using Gildan Activewear's target price to determine if it is a suitable investment can be done through the following steps:- Look at Gildan Activewear's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Gildan Activewear's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Gildan Activewear Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Gildan Activewear is a key component of Gildan Activewear valuation and have some predictive power on the future returns of a Gildan Activewear.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gildan Activewear's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
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Check out Macroaxis Advice on Gildan Activewear to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Gildan Stock analysis
When running Gildan Activewear's price analysis, check to measure Gildan Activewear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gildan Activewear is operating at the current time. Most of Gildan Activewear's value examination focuses on studying past and present price action to predict the probability of Gildan Activewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gildan Activewear's price. Additionally, you may evaluate how the addition of Gildan Activewear to your portfolios can decrease your overall portfolio volatility.
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The data published in Gildan Activewear's official financial statements usually reflect Gildan Activewear's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Gildan Activewear. For example, before you start analyzing numbers published by Gildan accountants, it's critical to develop an understanding of what Gildan Activewear's liquidity, profitability, and earnings quality are in the context of the Textiles, Apparel & Luxury Goods space in which it operates.
Please note, the presentation of Gildan Activewear's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gildan Activewear's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Gildan Activewear's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Gildan Activewear. Please utilize our Beneish M Score to check the likelihood of Gildan Activewear's management manipulating its earnings.