Gildan Activewear (GIL) Receives News Impact Score of 0.37

Gwen Vasquez
July 14, 2017

About 114,226 shares traded. The company has market cap of $8.77 billion. About 131,983 shares traded. Gildan Activewear Inc (USA) (NYSE:GIL) has declined 3.41% since July 13, 2016 and is downtrending. Bessemer Grp Inc holds 37,392 shares. Its revenue totaled $661.55 million up 12.53% from the previous quarter. Main Street Research Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $464.26 billion market cap company. The ex-dividend date was Tue, May 16th. this indicates a $0.37 annual dividend and a payout of of 1.21%. Brady Corp (NYSE:BRC) has risen 24.08% since July 11, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Shares of Gildan Activewear (GIL) opened at 30.25 on Wednesday. (TSE:GIL), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 67% are positive.

Gildan Activewear, Inc. was downgraded to "sector perform" by analysts at RBC Capital. As per Friday, April 28, the company rating was maintained by TD Securities. The rating was maintained by RBC Capital Markets on Monday, June 19 with "Buy". BMO Capital Markets maintained Gildan Activewear Inc (USA) (NYSE:GIL) on Friday, July 7 with "Buy" rating. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, November 13 report. The firm has "Outperform" rating given on Friday, January 29 by RBC Capital Markets. As per Thursday, July 6, the company rating was maintained by Canaccord Genuity. The firm has "Neutral" rating by SunTrust given on Tuesday, September 13. On average, analysts expect that Gildan Activewear will post $1.68 EPS for the current fiscal year. LLL's profit would be $159.26M giving it 20.70 P/E if the $2.05 EPS is correct.

On October 15 analysts at Brean Capital began coverage of the stock setting a rating of "Hold".

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp increased its stake in Gildan Activewear Inc (GIL) by 26.03% based on its latest 2016Q4 regulatory filing with the SEC. Gildan Activewear accounts for approximately 2.9% of Lawson Kroeker Investment Management Inc. World Asset Management Inc now owns 14,512 shares of the textile maker's stock valued at $392,000 after buying an additional 105 shares during the last quarter.

Investors sentiment decreased to 0.74 in 2016 Q4. This represents a $0.37 annualized dividend and a dividend yield of 1.24%.

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A number of other institutional investors have also bought and sold shares of GIL. Bokf Na, a Oklahoma-based fund reported 30,786 shares.#img1#. Bkd Wealth Advisors Llc holds 5,775 shares or 0.06% of its portfolio. 43,936 were accumulated by State Board Of Administration Of Florida Retirement. Manufacturers Life Insurance The holds 7,718 shares or 0% of its portfolio. Peoples Svcs Corporation holds 400 shares or 0.03% of its portfolio. American Research And Mngmt Communication invested in 0% or 10 shares. Navellier & Associates reported 3,659 shares. Moore Lp accumulated 125,008 shares or 0.32% of the stock. Old Mutual Investors (Uk) invested 0% of its portfolio in Brady Corp (NYSE:BRC). Hudson Bay Cap Management LP has 270,085 shares. Over the last five days, shares have faced -1.91% losses and now is up 11.64% since hitting its 200-day moving average of $27.04. Tiemann Investment Ltd has invested 0.43% in Facebook Inc (NASDAQ:FB).

Since April 3, 2017, it had 0 insider purchases, and 2 sales for $293,747 activity. It also reduced Goldman Sachs Group Inc (NYSE:GS) stake by 7,318 shares and now owns 71,280 shares. The value in dollars increased from $1,034,000 to $1,154,000 increasing 11.6% quarter over quarter. Shares for $825,639 were sold by Curran Bentley. Franklin has 3.73M shares. Gildan Activewear has a consensus rating of "Buy" and an consensus price target of $35.56. Therefore 94% are positive. CVS Health had 31 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned "Neutral" rating on Monday, August 31 by Northcoast.

This stock (GIL) is ahead of its 52-week low with 28.45%. As per Thursday, February 25, the company rating was maintained by Stifel Nicolaus.

07/28/2016 - Gildan Activewear, Inc. had its "buy" rating reiterated by analysts at Desjardins. JP Morgan has "Overweight" rating and $161 target. Goldman Sachs downgraded the stock to "Neutral" rating in Thursday, December 17 report.

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