(GIL) Gildan Activewear - Ratings and Ratios

Gildan Activewear Inc. is a leading manufacturer and distributor of a wide range of apparel products, including activewear, hosiery, and underwear, under various brands such as Gildan, American Apparel, and Champion. The companys diverse product portfolio caters to different markets, including wholesale distributors, screenprinters, and retailers across North America, Europe, Asia-Pacific, and Latin America.

The companys business model is built around providing high-quality products at competitive prices, leveraging its strong manufacturing capabilities and efficient supply chain management. Gildan Activewears products are sold through various channels, including mass merchants, department stores, national chains, and online retailers, allowing the company to maintain a strong presence in the market.

With a history dating back to 1946, Gildan Activewear has established itself as a reputable player in the apparel industry, with a strong brand portfolio and a global distribution network. The companys commitment to quality, innovation, and customer satisfaction has enabled it to maintain a competitive edge in the market.

Analyzing the , we can see that GILs stock price is currently at $47.83, with a short-term bullish trend indicated by the SMA20 being above the SMA50. However, the stock is below its 52-week high of $54.58, indicating potential for growth. The ATR of 1.19 (2.49%) suggests moderate volatility.

Combining the and , we can forecast that GILs stock price is likely to continue its upward trend, driven by the companys strong financial performance, as indicated by a P/E ratio of 18.27 and a forward P/E of 13.37. The RoE of 25.98% suggests that the company is generating strong returns on equity, which could lead to increased investor confidence and a higher stock price. With a market cap of $7.045 billion, GIL is a relatively stable investment opportunity. Based on the support and resistance levels, we can expect the stock price to face resistance at $49.4 and find support at $46.4 and $43.9. A potential price target could be $51.50, representing a 7.5% increase from the current price.