Gildan Activewear Stock Buy Hold or Sell Recommendation
| GIL Stock | USD 34.81 0.40 1.14% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Gildan Activewear is 'Strong Buy'. Macroaxis provides Gildan Activewear buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GIL positions. The advice algorithm takes into account all of Gildan Activewear's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Gildan Activewear's buy or sell advice are summarized below:
Real Value 36.78 | Target Price 36.72 | Hype Value 35.3 | Market Value 34.81 | Naive Value 33.99 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Gildan Activewear given historical horizon and risk tolerance towards Gildan Activewear. When Macroaxis issues a 'buy' or 'sell' recommendation for Gildan Activewear, the advice is generated through an automated system that utilizes algorithms and statistical models.
Gildan |
Execute Gildan Activewear Buy or Sell Advice
The Gildan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Gildan Activewear. Macroaxis does not own or have any residual interests in Gildan Activewear or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Gildan Activewear's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Gildan Activewear Trading Alerts and Improvement Suggestions
| Gildan Activewear has a strong financial position based on the latest SEC filings | |
| Over 90.0% of the company shares are owned by institutional investors | |
| On 8th of April 2024 Gildan Activewear paid $ 0.205 per share dividend to its current shareholders | |
| Latest headline from globenewswire.com: Les Vtements de Sport Gildan annonce la date de publication de ses rsultats financiers du premier trimestre de 2024 |
Gildan Activewear Returns Distribution Density
The distribution of Gildan Activewear's historical returns is an attempt to chart the uncertainty of Gildan Activewear's future price movements. The chart of the probability distribution of Gildan Activewear daily returns describes the distribution of returns around its average expected value. We use Gildan Activewear price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Gildan Activewear returns is essential to provide solid investment advice for Gildan Activewear.
| Mean Return | 0.20 | Value At Risk | -2.07 | Potential Upside | 2.62 | Standard Deviation | 1.86 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Gildan Activewear historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Gildan Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Gildan Activewear is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gildan Activewear backward and forwards among themselves. Gildan Activewear's institutional investor refers to the entity that pools money to purchase Gildan Activewear's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2023-12-31 | 2.1 M | Manufacturers Life Insurance Co | 2023-12-31 | 2 M | Blackrock Inc | 2023-12-31 | 2 M | Massachusetts Financial Services Company | 2023-12-31 | 1.7 M | Anson Funds Management Lp | 2023-12-31 | 1.6 M | Bank Of Montreal | 2023-12-31 | 1.6 M | Bmo Capital Markets Corp. | 2023-12-31 | 1.6 M | Goldman Sachs Group Inc | 2023-12-31 | 1.5 M | Edgepoint Investment Group, Inc. | 2023-09-30 | 1.5 M | Jarislowsky Fraser Ltd | 2023-12-31 | 11.9 M | Cooke & Bieler Lp | 2023-12-31 | 10.1 M |
Gildan Activewear Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (115.1M) | 320.4M | (33.7M) | (448.8M) | 143.2M | 150.4M | |
| Change In Cash | 17.5M | 441.1M | (326.0M) | (28.8M) | (60.8M) | (57.7M) | |
| Free Cash Flow | 220.8M | 356.7M | 487.3M | 168.9M | 338.6M | 355.5M | |
| Depreciation | 156.8M | 147.2M | 135.4M | 124.9M | 121.6M | 84.2M | |
| Other Non Cash Items | 26.1M | 156.2M | (65.0M) | (6.4M) | (61.3M) | (58.2M) | |
| Capital Expenditures | 140.2M | 58.3M | 130.2M | 244.6M | 208.0M | 129.6M | |
| Net Income | 259.8M | (225.3M) | 607.2M | 541.5M | 533.6M | 560.3M | |
| End Period Cash Flow | 64.1M | 505.3M | 179.2M | 150.4M | 89.6M | 85.8M | |
| Dividends Paid | 110.3M | 30.6M | 90.5M | 123.8M | (131.8M) | (125.2M) | |
| Investments | (135.8M) | (57.5M) | (187.8M) | (182.4M) | (172.0M) | (163.4M) | |
| Net Borrowings | 162.5M | 139.6M | (421.5M) | 313.4M | 360.5M | 378.5M | |
| Change To Netincome | 18.8M | 150.6M | (28.3M) | 54.1M | 62.2M | 65.3M |
Gildan Activewear Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Gildan Activewear or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Gildan Activewear's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Gildan stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | 1.54 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | 0.08 |
Gildan Activewear Volatility Alert
Gildan Activewear has relatively low volatility with skewness of 2.39 and kurtosis of 11.45. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gildan Activewear's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gildan Activewear's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Gildan Activewear Fundamentals Vs Peers
Comparing Gildan Activewear's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Gildan Activewear's direct or indirect competition across all of the common fundamentals between Gildan Activewear and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gildan Activewear or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gildan Activewear's fundamental indicators could also be used in its relative valuation, which is a method of valuing Gildan Activewear by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Gildan Activewear to competition |
| Fundamentals | Gildan Activewear | Peer Average |
| Return On Equity | 0.28 | -0.31 |
| Return On Asset | 0.0988 | -0.14 |
| Profit Margin | 0.17 % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 6.92 B | 16.62 B |
| Shares Outstanding | 168.66 M | 571.82 M |
| Shares Owned By Insiders | 2.02 % | 10.09 % |
| Shares Owned By Institutions | 89.79 % | 39.21 % |
| Number Of Shares Shorted | 1.3 M | 4.71 M |
| Price To Earning | 12.74 X | 28.72 X |
| Price To Book | 3.07 X | 9.51 X |
| Price To Sales | 1.89 X | 11.42 X |
| Revenue | 3.2 B | 9.43 B |
| Gross Profit | 958.51 M | 27.38 B |
| EBITDA | 648.99 M | 3.9 B |
| Net Income | 533.58 M | 570.98 M |
| Cash And Equivalents | 150.42 M | 2.7 B |
| Cash Per Share | 0.80 X | 5.01 X |
| Total Debt | 1.08 B | 5.32 B |
| Debt To Equity | 0.51 % | 48.70 % |
| Current Ratio | 3.11 X | 2.16 X |
| Book Value Per Share | 11.52 X | 1.93 K |
| Cash Flow From Operations | 546.61 M | 971.22 M |
| Short Ratio | 1.26 X | 4.00 X |
| Earnings Per Share | 3.03 X | 3.12 X |
| Price To Earnings To Growth | 4.39 X | 4.89 X |
| Target Price | 41.16 | |
| Number Of Employees | 43 K | 18.84 K |
| Beta | 1.63 | -0.15 |
| Market Capitalization | 6.08 B | 19.03 B |
| Total Asset | 3.51 B | 29.47 B |
| Retained Earnings | 1.61 B | 9.33 B |
| Working Capital | 963.45 M | 1.48 B |
Gildan Activewear Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Gildan . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Gildan Activewear Buy or Sell Advice
When is the right time to buy or sell Gildan Activewear? Buying financial instruments such as Gildan Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 709.1M | 1.0B | 1.1B | 1.1B | Total Assets | 3.1B | 3.4B | 3.5B | 1.9B |
Use Investing Ideas to Build Portfolios
In addition to having Gildan Activewear in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Gildan Activewear Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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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Is Gildan Activewear's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.932 | Dividend Share 0.744 | Earnings Share 3.03 | Revenue Per Share 18.165 | Quarterly Revenue Growth 0.087 |
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.