Gildan Activewear Inc. (TSE:GIL - Get Free Report) (NYSE:GIL) Director Michener Chandlee bought 736 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were purchased at an average cost of C$67.83 per share, with a total value of C$49,920.57.
Michener Chandlee also recently made the following trade(s):
- On Thursday, August 8th, Michener Chandlee purchased 1,196 shares of Gildan Activewear stock. The shares were acquired at an average price of C$40.85 per share, with a total value of C$48,856.60.
Gildan Activewear Price Performance
Shares of GIL opened at C$68.93 on Thursday. The business's fifty day moving average is C$63.78 and its 200 day moving average is C$55.94. Gildan Activewear Inc. has a 12-month low of C$41.32 and a 12-month high of C$70.15. The company has a quick ratio of 0.87, a current ratio of 2.35 and a debt-to-equity ratio of 72.52. The stock has a market cap of C$11.21 billion, a P/E ratio of 21.08, a P/E/G ratio of 4.55 and a beta of 1.64.
Gildan Activewear Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Thursday, November 21st will be paid a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Thursday, November 21st. Gildan Activewear's dividend payout ratio (DPR) is 33.94%.
Analyst Ratings Changes
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GIL has been the topic of a number of recent analyst reports. TD Securities boosted their price objective on Gildan Activewear from C$46.00 to C$50.00 and gave the company a "buy" rating in a research note on Friday, August 2nd. Desjardins increased their price target on Gildan Activewear from C$63.00 to C$67.00 and gave the stock a "buy" rating in a report on Tuesday, August 6th. National Bankshares raised their price objective on shares of Gildan Activewear from C$68.00 to C$74.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. BMO Capital Markets upgraded shares of Gildan Activewear to a "strong-buy" rating in a research report on Friday, August 2nd. Finally, Citigroup raised their price target on shares of Gildan Activewear from C$44.00 to C$54.00 and gave the stock a "buy" rating in a report on Wednesday, September 25th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Gildan Activewear has an average rating of "Buy" and an average target price of C$57.20.
Check Out Our Latest Analysis on GIL
Gildan Activewear Company Profile
(
Get Free Report)
Gildan Activewear Inc manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands.
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