Gildan Activewear (TSE:GIL) Stock Rating Cut to Hold at UBS Group

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

Several other research firms have also commented on GIL. Desjardins reduced their target price on shares of Gildan Activewear from C$108.00 to C$90.00 and set a “buy” rating on the stock in a report on Tuesday. Scotiabank downgraded shares of Gildan Activewear from a “strong-buy” rating to a “hold” rating in a research note on Friday. 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 for the company in a research report on Monday, October 19th. Canaccord Genuity Group lowered shares of Gildan Activewear from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, Scotia reduced their price objective on Gildan Activewear from C$67.00 to C$53.00 and set a “sector outperform” rating on the stock in a research note on Tuesday. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$80.25.

Gildan Activewear Price Performance

Gildan Activewear stock traded down C$0.04 during midday trading on Friday, hitting C$49.00. 1,945,268 shares of the company’s stock were exchanged, compared to its average volume of 665,777. The company has a market cap 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 debt-to-equity ratio of 145.29, a quick ratio of 0.87 and a current ratio of 1.93. The stock has a 50-day moving average price of C$61.54 and a two-hundred day moving average price of C$76.50. Gildan Activewear has a 52-week low of C$43.69 and a 52-week high of C$100.44.

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

Insiders Place Their Bets

In related news, insider Maria Andrea Pirie Woodbridge sold 8,000 shares of the business’s stock in a transaction dated 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 transaction, the insider owned 2,243 shares in the company, valued at C$170,310.99. The trade was a 78.10% decrease in their ownership of the stock. 2.26% of the stock is currently owned by company insiders.

More Gildan Activewear News

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.