Gildan Activewear Stock Today
| GIL Stock | CAD 48.36 0.12 0.25% |
Performance8 of 100
| Odds Of DistressLess than 6
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Gildan Activewear is selling at 48.36 as of the 18th of April 2024; that is -0.25 percent decrease since the beginning of the trading day. The stock's open price was 48.48. Gildan Activewear has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Gildan Activewear are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | Category Consumer Cyclical | Classification Consumer Discretionary |
Gildan Activewear Inc. manufactures and sells a range of apparel products in North America, Europe, the Asia-Pacific, and Latin America. Gildan Activewear Inc. was incorporated in 1984 and is headquartered in Montreal, Canada. GILDAN ACTIVEWEAR operates under Apparel Manufacturing classification in Canada and is traded on Toronto Stock Exchange. The company has 168.66 M outstanding shares of which 589.52 K shares are currently shorted by private and institutional investors with about 1.38 days to cover all short positions. More on Gildan Activewear
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Gildan Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gildan Activewear's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gildan Activewear or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Gildan Activewear's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Gildan Activewear's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| President CEO | Vincent Tyra | ||||
| Business Concentration | Apparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Apparel Manufacturing, Consumer Cyclical (View all Sectors) | ||||
Gildan Activewear's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Gildan Activewear's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gildan Activewear's financial leverage. It provides some insight into what part of Gildan Activewear's total assets is financed by creditors.
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Gildan Activewear (GIL) is traded on Toronto Exchange in Canada and employs 43,000 people. Gildan Activewear is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gildan Activewear's market, we take the total number of its shares issued and multiply it by Gildan Activewear's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Gildan Activewear operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 168.66 M outstanding shares of which 589.52 K shares are currently shorted by private and institutional investors with about 1.38 days to cover all short positions.
Gildan Activewear has accumulated about 150.42 M in cash with 546.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.27.
Check Gildan Activewear Probability Of Bankruptcy
Ownership AllocationGildan Activewear secures a total of 168.66 Million outstanding shares. The majority of Gildan Activewear outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Gildan Activewear to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Gildan Activewear. Please pay attention to any change in the institutional holdings of Gildan Activewear as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Gildan Ownership Details
Gildan Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Gildan Activewear jumping above the current price in 90 days from now is about 26.5%. The Gildan Activewear probability density function shows the probability of Gildan Activewear stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.1152. This usually indicates Gildan Activewear market returns are highly reactive to returns on the market. As the market goes up or down, Gildan Activewear is expected to follow. Additionally, gildan Activewear has an alpha of 0.1855, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Gildan Activewear to move above the current price in 90 days from now is about 26.5 (This Gildan Activewear probability density function shows the probability of Gildan Stock to fall within a particular range of prices over 90 days) .
Gildan Activewear Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gildan Activewear market risk premium is the additional return an investor will receive from holding Gildan Activewear long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gildan Activewear. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Gildan Activewear's alpha and beta are two of the key measurements used to evaluate Gildan Activewear's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.14 | |||
| Semi Deviation | 0.9484 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 |
Gildan Stock Against Markets
Picking the right benchmark for Gildan Activewear stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Gildan Activewear stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Gildan Activewear is critical whether you are bullish or bearish towards Gildan Activewear at a given time. Please also check how Gildan Activewear's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Gildan Activewear without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Gildan Activewear Corporate Directors
Gildan Activewear corporate directors refer to members of a Gildan Activewear board of directors. The board of directors generally takes responsibility for the Gildan Activewear's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Gildan Activewear's board members must vote for the resolution. The Gildan Activewear board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Marcello Caira | Independent Director | Profile | |
| Gonzalo ValdesFauli | Independent Director | Profile | |
| Charles Herington | Independent Director | Profile | |
| Anne MartinVachon | Independent Director | Profile |
How to buy Gildan Stock?
Before investing in Gildan Activewear, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Gildan Activewear. To buy Gildan Activewear stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gildan Activewear. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Gildan Activewear stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Gildan Activewear stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Gildan Activewear stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Gildan Activewear, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Gildan Stock please use our How to Invest in Gildan Activewear guide.
Already Invested in Gildan Activewear?
The danger of trading Gildan Activewear is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Gildan Activewear is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Gildan Activewear. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gildan Activewear is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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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