Gildan Activewear Number Of Shares Shorted vs. Price To Sales
| GIL Stock | USD 50.91 2.01 3.80% |
For Gildan Activewear profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gildan Activewear to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gildan Activewear utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gildan Activewear's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gildan Activewear over time as well as its relative position and ranking within its peers.
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Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gildan Activewear Price To Sales vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gildan Activewear's current stock value. Our valuation model uses many indicators to compare Gildan Activewear value to that of its competitors to determine the firm's financial worth. Gildan Activewear is rated below average in number of shares shorted category among its peers. It is one of the top stocks in price to sales category among its peers . The ratio of Number Of Shares Shorted to Price To Sales for Gildan Activewear is about 643,505 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Gildan Activewear by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Gildan Price To Sales vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
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| = | 1.58 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 2.46 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Gildan Price To Sales Comparison
Gildan Activewear is currently under evaluation in price to sales category among its peers.
Gildan Activewear Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gildan Activewear, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gildan Activewear will eventually generate negative long term returns. The profitability progress is the general direction of Gildan Activewear's change in net profit over the period of time. It can combine multiple indicators of Gildan Activewear, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada. Gildan Activewear operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 51000 people.
Gildan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gildan Activewear. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Gildan Activewear position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Gildan Activewear's important profitability drivers and their relationship over time.
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In addition to having Gildan Activewear in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Risk vs Return Analysis. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project Gildan Activewear's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gildan Activewear at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Gildan Activewear's income statement, its balance sheet, and the statement of cash flows.