Penn Capital Management Company LLC Invests $5.70 Million in Canada Goose Holdings Inc. (NYSE:GOOS)

Penn Capital Management Company LLC bought a new stake in shares of Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 568,527 shares of the company's stock, valued at approximately $5,702,000. Penn Capital Management Company LLC owned approximately 0.59% of Canada Goose at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Steward Partners Investment Advisory LLC grew its stake in Canada Goose by 4,213.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company's stock valued at $43,000 after purchasing an additional 4,213 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Canada Goose in the 4th quarter valued at about $100,000. Aigen Investment Management LP purchased a new position in shares of Canada Goose in the 4th quarter worth approximately $103,000. DGS Capital Management LLC bought a new position in shares of Canada Goose during the 3rd quarter worth approximately $131,000. Finally, Olympiad Research LP grew its holdings in Canada Goose by 18.2% in the fourth quarter. Olympiad Research LP now owns 16,543 shares of the company's stock worth $166,000 after purchasing an additional 2,549 shares during the last quarter. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on GOOS shares. Barclays restated an "underweight" rating and set a $8.00 target price (down from $10.00) on shares of Canada Goose in a research note on Monday, March 31st. Evercore ISI dropped their price objective on shares of Canada Goose from $13.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, Canada Goose currently has a consensus rating of "Hold" and a consensus target price of $10.20.

Canada Goose Price Performance

Shares of GOOS stock traded down $0.13 during mid-day trading on Tuesday, hitting $8.20. 194,225 shares of the stock were exchanged, compared to its average volume of 964,550. Canada Goose Holdings Inc. has a 52-week low of $6.73 and a 52-week high of $14.75. The company has a quick ratio of 1.14, a current ratio of 2.01 and a debt-to-equity ratio of 0.81. The company has a market cap of $793.33 million, a PE ratio of 15.76, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32. The firm has a fifty day moving average of $8.66 and a 200 day moving average of $9.58.

Canada Goose (NYSE:GOOS - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.10 EPS for the quarter, meeting the consensus estimate of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. Research analysts anticipate that Canada Goose Holdings Inc. will post 0.7 earnings per share for the current year.

Canada Goose Profile

Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.