Putting the Pedal to the Metal, Can This Stock’s 17.22% Growth Continue: Gildan Activewear Inc. (NYSE:GIL)

Wall Street sell-side analysts are projecting Gildan Activewear Inc. (NYSE:GIL) to grow at an accelerated rate over the next 5 years.  Brokerage firms are looking for the firm to grow 17.22% over the next year and 8.00% over the next five years.

Even extremely solid stocks can sometimes face setbacks. There is no shortage of news regarding publically traded companies, and investors often have the tricky job of deciding what information is worth taking a closer look at. Making trading decisions based on one piece of data may not be the optimal course of action. When there is negative information about a company, investors may be quick to sell without looking deeper into the numbers. On the flip side, investors may be super quick to buy on good news without fully researching the stock. 

EPS measures what each share is worth and also indicates how much money their sharehoders would gain if the company was to pay out all of its profits.  Earnings Per Share is computed by dividing the total profit by its total shares.  Gildan Activewear Inc.’s trailing 12- months EPS is 1.43.  Last year, their EPS growth was 2.70% and their EPS growth over the past five years was 2.60%.  


Let’s start off by taking a look at how the stock has been performing recently.  Over the past twelve months, Gildan Activewear Inc. (NYSE:GIL)’s stock was -11.73%.  Last week, it was 2.29%, -28.07% over the last quarter, and  -29.06% for the past half-year. 

Over the past 50 days, Gildan Activewear Inc. stock was -28.85% off of the high and 14.99% removed from the low.  Their 52-Week High and Low are noted here.  -33.25% (High), 14.99%, (Low). 


Gildan Activewear Inc. (NYSE:GIL)’s performance this year to date is -11.73%.  The stock has performed 2.29% over the last seven days, -23.54% over the last thirty, and -28.07% over the last three months.  Over the last six months, Gildan Activewear Inc.’s stock has been -29.06% and -12.13% for the year.


Wall Street analysts are have a consensus analyst recommendation of 3.10 on the stock.  This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  Brokerages covering the name have a $31.91 on the stock.

Investors might be looking high and low for quality stocks that have fallen out of favor with the investing community. There are plenty of stocks that get continuous coverage from the big media outlets, but there are many others that may be hiding behind the scenes. Conducting thorough stock research can help the investor isolate certain stocks that might be ready for a near-term bounce. With the stock market still trading near record levels, investors will be looking for any opportunity to pounce on shares that might have been left behind for whatever reason.   

The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs.  Where quoted, past performance is not indicative of future performance.

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