Brokers Issue Forecasts for Gildan Activewear Inc.'s Q4 2016 Earnings (GIL)

Shares of Gildan Activewear (NYSE:GIL) traded up 0.39% during trading on Friday, reaching $31.07. It has underperformed by 20.11% the S&P500. Finally, Royal Bank Of Canada lowered Gildan Activewear from an "outperform" rating to a "sector perform" rating and set a $31.00 price objective on the a research report on Tuesday, July 11th. Finally, AGF Investments Inc. lifted its stake in shares of Gildan Activewear by 8,373.2% in the 2nd quarter. About shares traded. Gildan Activewear Inc (USA) (NYSE:GIL) has declined 3.41% since October 27, 2016 and is downtrending.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its quarterly earnings data on Thursday, August 3rd. They expect $0.52 EPS, up 4.00 % or $0.02 from last year's $0.5 per share. GIL's profit will be $116.82M for 14.94 P/E if the $0.52 EPS becomes a reality. Gildan Activewear Inc's Wall Street analysts see 0.00 % EPS growth, taking into account the $0.65 EPS reproted in the previous quarter, The stock increased 0.10% or $0.04 on October 27, reaching $39.84.

Gildan Activewear Inc is a manufacturer and marketer of branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. Zacks Investment Research upgraded Gildan Activewear from a "hold" rating to a "buy" rating and set a $35.00 price target for the company in a research report on Tuesday, August 29th. Therefore 67% are positive. Abeona Therapeutics had 26 analyst reports since December 16, 2015 according to SRatingsIntel.

Shares of Gildan Activewear (GIL) opened at 31.07 on Friday. The firm has "Sell" rating given on Monday, August 17 by Zacks. The firm has "Buy" rating by Desjardins Securities given on Tuesday, August 4. The firm earned "Overweight" rating on Thursday, October 12 by Cantor Fitzgerald. Gildan Activewear has a consensus rating of "Hold" and a consensus price target of $35.29. The 8 months triangle pattern indicates high risk for the $6.98B company. The Company operates through two segments: Printwear and Branded Apparel. The Firm collects and transforms all aspects of animal by-product streams into useable and specialty ingredients, such as gelatin, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstocks, green energy, natural casings and hides. The rating was downgraded by Canaccord Genuity on Wednesday, July 12 to "Hold". "(GIL) to Post Q3 2017 Earnings of $0.52 Per Share, National Bank Financial Forecasts" was reported by Week Herald and is owned by of Week Herald. National Bank Financial has a "Sector Perform" rating and a $41.00 price target on the stock. The stock has a market capitalization of $6.97 billion, a PE ratio of 18.81 and a beta of 0.69. National Bank Canada maintained Gildan Activewear Inc (TSE:GIL) rating on Monday, October 26. J.P. Morgan has "Buy" rating and $1900 target. The company was maintained on Thursday, February 25 by Stifel Nicolaus. As per Thursday, September 28, the company rating was maintained by Roth Capital. TD Asset Management Inc. now owns 4,168,600 shares of the textile maker's stock valued at $127,912,000 after buying an additional 623,938 shares during the period. Abeona Therapeutics Inc (NASDAQ:ABEO) has risen 151.02% since October 28, 2016 and is uptrending.

Since January 1, 0001, it had 0 insider buys, and 9 sales for $7.19 million activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.

Like this


30 October 2017
UAE soldier killed in Saudi Arabia
A large-scale war between the Houthis are their allies against the Saudi-backed coalition has left at least 10,000 dead. The United Nations has warned Yemen now stands at the brink of starvation .

30 October 2017
Trump Tweets Feelings About Russia Investigation
Plans were prepared Friday for anyone charged to be taken into custody as soon as Monday, the sources said . In addition to Mueller's probe, three committees on Capitol Hill are conducting their own investigations.

30 October 2017
Blake Wheeler, Jets Have Record-Setting Start in Win Over Penguins
This will be the second game of a back to back for the Penguins Sunday night, and the second game of a five game road trip. Every day I'm up here has been a blessing and I'm just trying to run with it". 5, Winnipeg, Wheeler 1 (Connor), 18:18.

30 October 2017
Mann ki Baat: PM Narendra Modi lauds adoption of Khadi by Indians
PM Modi also spoke about the " Khadi for transformation" that was taking place in the country. He congratulated shuttler Kidambi Srikanth for winning the Denmark Open tournament.

30 October 2017
Schlumberger NV (NYSE:SLB) Rating Reiterated by FBR & Co
The institutional investor owned 93,611 shares of the oil and gas company's stock after selling 10,235 shares during the quarter. Great Lakes Advisors Llc has 0.17% invested in Five Below Inc (NASDAQ:FIVE) for 142,202 shares. (NASDAQ:NFLX) for 9,636 shares.

30 October 2017
Woman killed in hunting accident in Hebron
Previous year there were four hunting-related firearm injuries in ME , three of which were self-inflicted, according to DIF&W. Game Wardens continue to investigate Saturday's shooting death of a Hebron woman as a result of a hunting related incident .

30 October 2017
Undocumented 10-Year-Old With Cerebral Palsey Detained After Surgery
After Gonzalez arrived and demanded privacy, citing attorney-client privilege, it was eventually allowed, she said. Her next appointment across the checkpoint will be not in an operating room, but, instead, in immigration court.

30 October 2017
Duterte leaves for Japan Sunday night
Even as leaders and diplomats across the globe have denounced Duterte's reign of blood, Trump has so far shown him nothing but pleasantries.

30 October 2017
Lawson Kroeker Investment Management Lowered Us Bancorp (USB) Position; Gardner Lewis Asset Management LP Has Trimmed By $378,579 Its Pioneer Natural Resources Comp (PXD) Stake
Kelly anticipates that the oil and gas development company will post earnings of $0.18 per share for the quarter. Finally, WFG Advisors LP lifted its position in shares of Pioneer Natural Resources by 10.2% in the 2nd quarter.

30 October 2017
Boil water advisory partially lifted in Farmington Hills
A boil water advisory has been lifted for most communities affected nearly a week ago by a water main burst. The advisory was first issued about 9 p.m.