Gildan Activewear (TSE:GIL) Stock Rating Lowered by UBS Group

Gildan Activewear (TSE:GIL) (NYSE:GIL) was downgraded by UBS Group from a “strong-buy” rating to a “hold” rating in a report issued on Friday, Zacks reports.

Several other brokerages also recently commented on GIL. Scotia lowered their target price on shares of Gildan Activewear from C$67.00 to C$53.00 and set a “sector outperform” rating for the company in a report on Tuesday. National Bank Financial cut their price target on shares of Gildan Activewear from C$107.00 to C$98.00 and set an “outperform” rating on the stock in a report on Monday, October 19th. Canaccord Genuity Group downgraded shares of Gildan Activewear from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Desjardins reduced their price objective on shares of Gildan Activewear from C$108.00 to C$90.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Scotiabank lowered shares of Gildan Activewear from a “strong-buy” rating to a “hold” rating in a research note on Friday. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$80.25.

Gildan Activewear Stock Down 0.1%

Gildan Activewear stock traded down C$0.04 during trading on Friday, hitting C$49.00. 1,945,268 shares of the company were exchanged, compared to its average volume of 665,777. The business’s 50 day moving average is C$61.54 and its 200 day moving average is C$76.50. Gildan Activewear has a 52 week low of C$43.69 and a 52 week high of C$100.44. The company has a market capitalization of C$9.07 billion, a P/E ratio of 96.08, a PEG ratio of 4.55 and a beta of 1.77. The company has a current ratio of 1.93, a quick ratio of 0.87 and a debt-to-equity ratio of 145.29.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last released its quarterly earnings results on Thursday, November 5th. The company reported C$2.18 EPS for the quarter. Gildan Activewear had a return on equity of 2.12% and a net margin of 1.33%. The business had revenue of C$2.08 billion during the quarter. Analysts predict that Gildan Activewear will post 4.55 earnings per share for the current year.

Insider Buying and Selling at Gildan Activewear

In other news, insider Maria Andrea Pirie Woodbridge sold 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of C$75.93, for a total transaction of C$607,440.00. Following the completion of the sale, the insider owned 2,243 shares in the company, valued at C$170,310.99. This trade represents a 78.10% decrease in their position. 2.26% of the stock is owned by corporate insiders.

Key Headlines Impacting Gildan Activewear

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Gildan authorized a share buyback plan, which could provide some support for the stock, although the reports do not specify its size. Gildan Activewear Inc. authorizes a Buyback Plan
• Negative Sentiment: Management cut its 2026 outlook amid a rapid change in market conditions and withdrew its 2026–2028 objectives. It now expects 2026 revenue of $5.4 billion–$5.5 billion and free cash flow of $700 million–$750 million. The lower outlook and reduced visibility are significant headwinds. Gildan 2026 outlook
• Negative Sentiment: Third-quarter pro forma sales fell 8.7% and missed expectations. Adjusted earnings rose 54% year over year but also came in below forecasts, suggesting that stronger earnings growth did not offset weakness in demand. Third-quarter results
• Negative Sentiment: UBS said business headwinds could persist through 2027, while TD Cowen lowered its price target to $49. These updates reinforce concern that recovery may take time. UBS outlook TD Cowen price target
• Negative Sentiment: Investor law firms publicized a securities class action and a December 14 lead-plaintiff deadline, adding litigation-related uncertainty. These notices are not findings of wrongdoing. Class action notice

About Gildan Activewear

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies and directly to consumers. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan, Hanes, Comfort Colors, American Apparel, ALLPRO, GOLDTOE, Peds, Bali, Playtex, Maidenform, Bonds, as well as Champion which is under an exclusive licensing agreement for the printwear channel in the U.S.