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Gildan Activewear Fundamental Business Trends Strong, Q4 to Be In-Line, UBS Says
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Gildan Activewear Fundamental Business Trends Strong, Q4 to Be In-Line, UBS Says
Feb 11, 2025 11:52 AM

02:44 PM EST, 02/11/2025 (MT Newswires) -- Gildan Activewear's ( GIL ) Q4 results will be in line with expectations as channel checks indicate strong fundamental business trends and a strong product pipeline for fiscal 2025, UBS Securities said in an earnings preview emailed Tuesday.

The company remains moderately long-crowded among investors, with a crowding score of 6.5, above the softlines industry average of 4.2, according to the preview.

The firm said it remains bullish on Gildan Activewear's ( GIL ) long-term prospects as it holds a dominant position in the US imprintables market and has expansion opportunities internationally, while its low-cost production model provides a competitive advantage, supporting market share gains.

UBS has a buy rating on Gildan Activewear's ( GIL ) stock with a price target of $60.

Price: 50.79, Change: +0.09, Percent Change: +0.19

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