Gildan Activewear Inc. (GIL-T)
84 watching
TSE:GIL
49.05
0.28
(0.57%) 1d
Financials
Technical Analysis
Jan 21, 2022, 9:00 pm
0
DON'T BUY
He's passed on this after reviewing it many times. They depend on retail sales in clothes, and face a lot of competition. They grew very quickly but have been plateauing. It craters on high cotton prices, though. It's a trade at best.
clothing stores
$21.430
No
BUY on WEAKNESS
This is a staple – apparel. It is one of the largest basic apparel manufacturers in the world now. Their manufacturing foot print is in the Caribbean. COVID-19 is ravaging these countries right now. The governments' ability there to lead is not what it is here in Canada. Probably it is going to be higher in a year's time, but you might get a chance to pick it up lower.
clothing stores
VAGUE
He thought the long term sustainably and growth of the dividend as solid. He was surprised when they eliminated the dividend as quickly as they did. It makes him wonder about the company's commitment to the dividend going forward. The stock price now reflects that, adding to the volatility of the stock. He does not own it. He prefers owing real assets, like utilities and infrastructure. For a young investor with time, it is worth a look.
clothing stores
PAST TOP PICK
(A Top Pick May 17/19, Down 63%) Its earnings estimates have been slashed. Most recent quarterly sales were down 23% on the year and earnings were down 82%. There is still a relatively high PE ratio. Unfortunately sales are being impacted by COVID-19.
clothing stores
PAST TOP PICK
(A Top Pick Mar 29/19, Down 28%) Their shares got hurt recently after a poor guidance update. They have been through this before. He thinks they will do fine. He would see this as a long term hold.
clothing stores
BUY
The drop last fall was a shock. They've done a lot of research on it, and are positive on it. This quarter's earnings are OK, increased the dividend. Likes it.
clothing stores
DON'T BUY
She's never been interested in this; not a strong growth name and it's in a competitive space. There are better growth names in secular growth industries. Doesn't know why it pulled back lately.
clothing stores
DON'T BUY
The last garment business standing in Canada. Their success depends on the ability to move goods across the border. He always thought this was a story that was not going to come to a good end. Shipping from lower cost producers is just too prohibitive. He does not own it and does not see the value proposition.
clothing stores
BUY
An apparel manufacture. Great strong grower 2 decades +. Low cost operator. Great Management team.
clothing stores
TOP PICK
Maker of t-shirts and other clothes. Very low payout ratio and modest PE. He sees a 30% potential upside with a $65 target. Yield 1.4% (Analysts’ price target is $50.50)
clothing stores
TOP PICK
Unbranded clothing manufacturer. They have opened up a new facility. They have consolidated operations which should drive margins higher. They generate a lot of free cashflow. They have been buying back shares and increasing the dividend. Having success with the direct to consumer piece. Yield = 1.51% (Analysts’ price target is $47.26)
clothing stores
BUY
He likes it. He holds it. It has good price momentum. It is still reasonably priced. They are a solid operator and know how to drive prices lower. 18% return on equity and 20% price to earnings. Recent quarter was neither a beat nor a miss. The payout is low.
clothing stores
COMMENT
They depend on trade agreements that no have no tariffs. Tariff concerns may be over now. Well-managed company, but he's not interested in the textile sector.
clothing stores
BUY on WEAKNESS
He likes it. They are a leader with operations in Central America. They now have a contract with Wal-Mart. He likes it and if the market gets nervous this where participants will go.
clothing stores
BUY
The stock ranks high in his system. The challenge is that cash flow growth is slowing making him cautious. The ROE remains near 19%. Overall he thinks it will do well and would buy it now with a 7% trailing stop loss.
clothing stores
Gildan Activewear Inc.(GIL-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Gildan Activewear Inc.(GIL-T) Frequently Asked Questions
What is Gildan Activewear Inc. stock symbol?
Gildan Activewear Inc. is a Canadian stock, trading under the symbol GIL-T on the Toronto Stock Exchange (GIL-CT). It is usually referred to as TSX:GIL or GIL-T
Is Gildan Activewear Inc. a buy or a sell?
In the last year, there was no coverage of Gildan Activewear Inc. published on Stockchase.
Is Gildan Activewear Inc. a good investment or a top pick?
Gildan Activewear Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Gildan Activewear Inc..
Why is Gildan Activewear Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Gildan Activewear Inc. worth watching?
0 stock analysts on Stockchase covered Gildan Activewear Inc. In the last year. It is a trending stock that is worth watching.
What is Gildan Activewear Inc. stock price?
On 2022-01-21, Gildan Activewear Inc. (GIL-T) stock closed at a price of $49.05.
