Gildan Activewear Inc. continues to face downward pressure in a challenging market.
This week, Gildan Activewear Inc. (GIL.TO) saw a notable decline, closing at C$59.58, down 0.10% for the day and 6.79% over the week. The company has experienced a significant drop of 29.83% year-to-date, raising questions about its recent performance and future outlook.
Investor takeaway: Investors are considering the implications of Gildan's recent acquisition and how it affects the company's valuation as the stock pulls back.
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Gildan Activewear Inc.
GIL.TO
GIL.TO
Gildan Activewear Inc.
WealthAwesomeMarket cap
$11.03B
P/E
32.6x
Div. yield
1.57%
Div. / share
$0.95
52W high
$99.12
52W low
$56.53
1W change
-6.79%
Beta
1.08
Analyst Price Targets
Based on analyst covering GIL · as of Oct 2, 2026
Wall Street analysts forecast GIL stock price to rise 74.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$105.86
+74.6% Upside
Previously C$106.04 on Oct 1, 2026
Current Price
C$60.63
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GIL's historical volatility
30-Day Vol
47.5%
Annualized
90-Day Vol
53.4%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$49.84
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$56.14 | C$47.66 – C$66.13 |
| 60 trading days | C$52.89 | C$41.96 – C$66.68 |
| 90 trading days | C$49.84 | C$37.53 – C$66.18 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Gildan Activewear's Stock Down 29.83% Year-to-Date
The stock's decline is compounded by low trading volume, with recent activity at only 56% of the 20-day average.
Bull case
Analysts are optimistic, with an average target of C$105.86, indicating a potential upside of 77.7% from current levels.
Bear case
Concerns about the acquisition of HanesBrands and its effect on Gildan's profitability have led to skepticism, as the stock has halved since the deal.
Weekly Price Action
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Gildan Activewear's stock closed at C$59.58 on Friday, marking a slight decrease of 0.10% for the day. Over the past week, the stock has fallen by 6.79%, reflecting ongoing investor concerns. The year-to-date performance shows a steep decline of 29.83%, prompting discussions about the company's valuation and market strategy.
Recent Company News
Two significant headlines have emerged regarding Gildan Activewear this week. First, on September 25, it was reported that Gildan's stock has halved since acquiring HanesBrands, leading to debates about whether this represents a bargain or a broken deal. Additionally, on September 23, analysts questioned whether Gildan is undervalued after its recent pullback or if it remains too pricey for investors. These discussions highlight the ongoing scrutiny of Gildan's strategic decisions and market performance.
Technical Picture
From a technical standpoint, Gildan Activewear's stock is trading significantly below its moving averages, with the 50-day moving average at C$71.96 (17.2% higher than the current price) and the 200-day moving average at C$80.44 (25.9% higher). The stock's 52-week range is C$56.53 to C$99.12, indicating that it is currently trading near the lower end of this range. With a beta of 1.08, Gildan's stock is slightly more volatile than the broader market, which could contribute to its recent price movements.
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