Canada Goose Holdings Inc. (NYSE:GOOS) Given Average Rating of "Reduce" by Brokerages

Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) has earned an average recommendation of "Reduce" from the eight analysts that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $10.20.

A number of brokerages recently issued reports on GOOS. Wells Fargo & Company upgraded shares of Canada Goose from an "underweight" rating to an "equal weight" rating in a report on Wednesday, April 30th. Evercore ISI decreased their target price on shares of Canada Goose from $13.00 to $10.00 and set an "in-line" rating for the company in a research report on Monday, February 10th. Finally, Barclays reissued an "underweight" rating and set a $8.00 target price (down previously from $10.00) on shares of Canada Goose in a research report on Monday, March 31st.

Canada Goose Trading Up 0.7%

NYSE GOOS traded up $0.07 during trading hours on Friday, reaching $9.20. The company's stock had a trading volume of 83,250 shares, compared to its average volume of 866,195. The firm has a fifty day simple moving average of $8.25 and a 200-day simple moving average of $9.43. The stock has a market cap of $890.13 million, a P/E ratio of 17.70, a P/E/G ratio of 1.00 and a beta of 1.26. Canada Goose has a 52 week low of $6.73 and a 52 week high of $14.75. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 1.14.

Institutional Trading of Canada Goose

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC grew its position in shares of Canada Goose by 4,213.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company's stock worth $43,000 after buying an additional 4,213 shares during the period. Deutsche Bank AG grew its position in shares of Canada Goose by 192.0% during the 4th quarter. Deutsche Bank AG now owns 7,998 shares of the company's stock worth $80,000 after buying an additional 5,259 shares during the period. Virtu Financial LLC acquired a new stake in shares of Canada Goose during the 4th quarter worth approximately $100,000. Aigen Investment Management LP acquired a new stake in shares of Canada Goose during the 4th quarter worth approximately $103,000. Finally, MQS Management LLC acquired a new stake in shares of Canada Goose during the 1st quarter worth approximately $86,000. Institutional investors and hedge funds own 83.64% of the company's stock.

Canada Goose Company 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.