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

Key Points

• Consensus "Reduce": Nine analysts give Canada Goose a consensus rating of "Reduce" (3 sell, 4 hold, 2 buy) with an average 12‑month price target of $15.17.
• Heavy institutional ownership and recent buying: Institutional investors own 83.64% of GOOS, and firms like Goldman Sachs recently increased their positions sharply (Goldman up 139.2% to 309,235 shares).
• Current trading profile: GOOS opened at $11.73 with a market cap of $1.14B, a trailing P/E of ~90, and a 12‑month range of $8.07–$15.43, reflecting valuation and volatility considerations.

Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) has received a consensus rating of "Reduce" from the nine ratings firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $15.1667.

A number of research firms have weighed in on GOOS. Wall Street Zen upgraded Canada Goose from a "hold" rating to a "buy" rating in a research note on Sunday, March 8th. Weiss Ratings restated a "sell (d+)" rating on shares of Canada Goose in a research note on Monday. Zacks Research upgraded Canada Goose from a "strong sell" rating to a "hold" rating in a research note on Monday, April 6th. Barclays cut Canada Goose from an "equal weight" rating to an "underweight" rating and cut their price target for the company from $12.00 to $10.00 in a research note on Friday, February 6th. Finally, UBS Group raised their price target on Canada Goose from $12.00 to $14.00 and gave the company a "neutral" rating in a research note on Thursday, January 8th.

Institutional Trading of Canada Goose

A number of hedge funds and other institutional investors have recently made changes to their positions in GOOS. Goldman Sachs Group Inc. increased its position in shares of Canada Goose by 139.2% during the first quarter. Goldman Sachs Group Inc. now owns 309,235 shares of the company's stock worth $2,458,000 after purchasing an additional 179,946 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Canada Goose by 5.9% during the second quarter. Russell Investments Group Ltd. now owns 29,026 shares of the company's stock worth $324,000 after purchasing an additional 1,630 shares in the last quarter. Invesco Ltd. increased its position in shares of Canada Goose by 7.2% during the second quarter. Invesco Ltd. now owns 15,124 shares of the company's stock worth $169,000 after purchasing an additional 1,012 shares in the last quarter. Bayesian Capital Management LP acquired a new stake in shares of Canada Goose during the second quarter worth about $332,000. Finally, Raymond James Financial Inc. increased its position in shares of Canada Goose by 12.3% during the second quarter. Raymond James Financial Inc. now owns 488,181 shares of the company's stock worth $5,463,000 after purchasing an additional 53,573 shares in the last quarter. Institutional investors and hedge funds own 83.64% of the company's stock.

Canada Goose Trading Down 0.3%

NYSE:GOOS opened at $11.73 on Friday. The firm has a market cap of $1.14 billion, a PE ratio of 90.21 and a beta of 1.77. The stock has a fifty day moving average price of $11.39 and a 200 day moving average price of $12.47. Canada Goose has a 12-month low of $8.07 and a 12-month high of $15.43. The company has a current ratio of 2.12, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69.

Canada Goose Company Profile

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.

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