Gildan
About: Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the US.
Employees: 44,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
53% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 36
18% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 100
6% more funds holding
Funds holding: 303 [Q3] → 321 (+18) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 8 [Q3] → 8 (+0) [Q4]
4% less capital invested
Capital invested by funds: $5.45B [Q3] → $5.25B (-$197M) [Q4]
4.83% less ownership
Funds ownership: 71.03% [Q3] → 66.19% (-4.83%) [Q4]
77% less call options, than puts
Call options by funds: $3.46M | Put options by funds: $15.3M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BMO Capital Stephen MacLeod 50% 1-year accuracy 2 / 4 met price target | 39%upside $64 | Outperform Maintained | 20 Feb 2025 |
UBS Jay Sole 22% 1-year accuracy 13 / 58 met price target | 50%upside $69 | Buy Maintained | 20 Feb 2025 |
Financial journalist opinion
Based on 11 articles about GIL published over the past 30 days
