How to Buy Gildan Activewear Stock
Gildan Activewear Inc
Gildan Activewear is a apparel manufacturing company located in Quebec, Canada, which is part of the Consumer Cyclical sector, and is traded under the ticker GIL on the NYSE exchange.
Gildan Activewear stock last closed at $40.82, down 0.75% from the previous day, and has increased 17% in one year. It has overperformed other stocks in the Apparel Manufacturing industry by 0.34 percentage points. Gildan Activewear stock is currently +26.65% from its 52-week low of $32.23, and -26.3% from its 52-week high of $55.39.
At the moment, there are 152.41M shares of GIL outstanding. The market capitalization of GIL is $6.22B. In the last 24 hours, 562,990 GIL shares were traded.
How to Buy Gildan Activewear Stock
Not sure how to invest in Gildan Activewear stock? Here's how.
- Decide where to buy Gildan Activewear stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Gildan Activewear stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your payment method and add your details.
- Research Gildan Activewear stock: The Gildan Activewear ticker symbol is GIL. Is Gildan Activewear stock a good investment? Should you buy shares of GIL? How do GIL's underlying business fundamentals look? Do top analysts think Gildan Activewear is a good buy? Why has GIL's stock price moved recently? (Hint: Our stock analysis website can help you decide if GIL is a good stock to buy).
- Make your GIL buy order: Decide if you will purchase GIL shares at the current market price or use a limit order to buy GIL stock at a specific price.
- Keep an eye on your investment in GIL: Create a watchlist to the latest updates on your position in Gildan Activewear stock.
Step 1: Decide where to buy Gildan Activewear stock
You will need an online brokerage account in order to access the NYSE market and buy GIL stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy GIL stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on a investment app, you can securely and quickly fund your account:
Check out the video below for more details transferring money into your new investment account.
Step 4: Research Gildan Activewear stock
Once you have decided on the best place to buy Gildan Activewear stock, it's absolutely critical to analyze their stock before you buy, so you can comprehend the risk and opportunity.
Gildan Activewear stock at a glance
Gildan Activewear Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on GIL's stock page.
How is GIL stock valued?
You can use many financial metrics, analyses, models, and charts to gauge GIL's fair value.
Using relative valuations measures:
- GIL may be overvalued based on its P/E ratio of 16.59x, relative to Apparel Manufacturing industry P/E ratio of 13.27x
- GIL may be overvalued based on its P/B ratio of 4.27x, relative to Apparel Manufacturing industry P/B ratio of 2.25x
- GIL may be undervalued based on its PEG ratio of 0.7x
You can access more valuation research on GIL's stock here.
How do GIL Financials look?
Passed Health Checks:
- GIL's operating cash flow of $501.39M allows it to safely service it's debt of $1.65B.
- GIL earnings of $618.24M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the GIL balance sheet.
- There are more short-term assets than short-term liabilities on the GIL balance sheet.
Failed Health Checks:
- GIL profit margin has gone down from 16.7% to 12.3% in the past year.
- GIL has a relatively high debt to equity ratio of 1.55.
- Total GIL debt is higher than 5 years ago, relative to shareholder equity.
Is Gildan Activewear stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who monitor GIL, the consensus analyst rating on Gildan Activewear is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Gildan Activewear stock forecast page.
GIL Momentum
Is GIL Making Money?
Last year, GIL earnings were $400.87M. During the last five year, GIL's earnings have gone up by 14.14% per year. This was faster than the Apparel Manufacturing industry average of 5.02%.
Last year, GIL revenue was $3.27B. In the last 5 year, GIL's revenue has gone up by 2.98% per year. This was faster than the Apparel Manufacturing industry average of 1.54%.
You can analyze GIL's earnings and revenue performance here.
What are GIL insiders up to?
In the past 12 months, insiders at GIL have not bought or sold any shares.
Get more info about who owns GIL shares here.
Does GIL stock generate passive income?
Gildan Activewear pays a dividend of 2.06%, compared to the Apparel Manufacturing industry's average dividend yield of 2.94%. If you owned $1,000 of GIL stock, you would have been paid $20.60 last year.
Gildan Activewear dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Gildan Activewear dividend yield and history here.
GIL Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your GIL buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in GIL
Now that you own some shares in GIL, you'll want to stay up-to-date on your new shares.
Add GIL to a watchlist to track the most important metrics related to your GIL stock.
GIL Feed
How to Buy Stock in Gildan Activewear
To reiterate, here are the 6 steps to buy Gildan Activewear stock:
- Decide where to buy Gildan Activewear stock
- Create a brokerage account
- Put funds into your investment account
- Research Gildan Activewear stock
- Make your GIL buy order
- Keep an eye on your investment in GIL
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Gildan Activewear, add GIL to your watchlist below.
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