Gildan Activewear Inc (GIL) posted a -3.40% change over the last five days signaling a new trend

On Tuesday, Gildan Activewear Inc (NYSE: GIL) opened higher 0.17% from the last session, before settling in for the closing price of $46.75. Price fluctuations for GIL have ranged from $30.68 to $50.60 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 4.84%. Company’s average yearly earnings per share was noted 16.07% at the time writing. With a float of $149.86 million, this company’s outstanding shares have now reached $156.83 million.

Considering the fact that the conglomerate employs 43000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 30.23%, operating margin of 19.07%, and the pretax margin is 16.07%.

Gildan Activewear Inc (GIL) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Apparel Manufacturing industry is another important factor to consider. The insider ownership of Gildan Activewear Inc is 2.95%, while institutional ownership is 76.77%. The most recent insider transaction that took place on Nov 05 ’24, was worth 753,300. Before that another transaction happened on Aug 15 ’24, when Company’s Officer proposed sale 19,105 for $42.18, making the entire transaction worth $805,849.

Gildan Activewear Inc (GIL) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 16.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.08% during the next five years compared to 12.82% growth over the previous five years of trading.

Gildan Activewear Inc (NYSE: GIL) Trading Performance Indicators

Check out the current performance indicators for Gildan Activewear Inc (GIL). In the past quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24. Likewise, its price to free cash flow for the trailing twelve months is 18.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.52, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.46 in one year’s time.

Technical Analysis of Gildan Activewear Inc (GIL)

Compared to the last year’s volume of 0.71 million, its volume of 0.48 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.17%. Additionally, its Average True Range was 0.82.

During the past 100 days, Gildan Activewear Inc’s (GIL) raw stochastic average was set at 64.80%, which indicates a significant increase from 12.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.83% in the past 14 days, which was lower than the 17.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.52, while its 200-day Moving Average is $41.75. Nevertheless, the first resistance level for the watch stands at $47.02 in the near term. At $47.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $47.44. If the price goes on to break the first support level at $46.60, it is likely to go to the next support level at $46.36. Now, if the price goes above the second support level, the third support stands at $46.18.

Gildan Activewear Inc (NYSE: GIL) Key Stats

There are currently 152,902K shares outstanding in the company with a market cap of 7.23 billion. Presently, the company’s annual sales total 3,196 M according to its annual income of 533,580 K. Last quarter, the company’s sales amounted to 891,110 K and its income totaled 131,470 K.