Gildan Activewear Stock Today

GIL Stock  CAD 63.42  0.17  0.27%   

Performance

22 of 100

 
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Odds Of Distress

Less than 5

 
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Gildan Activewear is selling at 63.42 as of the 3rd of October 2024; that is 0.27% up since the beginning of the trading day. The stock's open price was 63.25. Gildan Activewear has under 5 % chance of experiencing financial distress over the next 2 years and had a solid 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 6th of April 2024 and ending today, the 3rd of October 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 162.61 M outstanding shares of which 1.17 M shares are currently shorted by private and institutional investors with about 2.85 days to cover all short positions. More on Gildan Activewear

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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 CEOVincent Tyra
Business ConcentrationApparel, 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.
Debt Levels
Gildan Activewear can leverage 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.
Liquidity
Gildan Activewear cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Gildan Activewear has accumulated 1.08 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Gildan Activewear has a current ratio of 3.83, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Gildan Activewear until it has trouble settling it off, either with new capital or with free cash flow. So, Gildan Activewear's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gildan Activewear sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gildan to invest in growth at high rates of return. When we think about Gildan Activewear's use of debt, we should always consider it together with cash and equity.

Depreciation

82.77 Million
Gildan Activewear (GIL) is traded on Toronto Exchange in Canada and employs 47,000 people. Gildan Activewear is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.29 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 162.61 M outstanding shares of which 1.17 M shares are currently shorted by private and institutional investors with about 2.85 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 Allocation
Gildan Activewear has a total of 162.61 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. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Gildan Ownership Details

Gildan Activewear Risk Profiles

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.

Gildan Stock Against Markets

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.

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Gildan Activewear Corporate Directors

Marcello CairaIndependent DirectorProfile
Charles HeringtonIndependent DirectorProfile
Anne MartinVachonIndependent DirectorProfile
Craig LeavittIndependent DirectorProfile

Additional Information and Resources on Investing in Gildan Stock

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 closely tied 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.