Canada Goose Holdings Inc. (NYSE:GOOS) Receives $10.50 Consensus Target Price from Analysts

Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) has been assigned a consensus rating of "Reduce" from the eight brokerages that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $10.50.

A number of analysts have recently weighed in on GOOS shares. Wall Street Zen upgraded Canada Goose from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Wells Fargo & Company upgraded shares of Canada Goose from an "underweight" rating to an "equal weight" rating in a research report on Wednesday, April 30th. Barclays upped their target price on shares of Canada Goose from $8.00 to $11.00 and gave the stock an "underweight" rating in a research report on Friday, May 23rd. Evercore ISI set a $11.00 price target on shares of Canada Goose and gave the company an "in-line" rating in a report on Thursday, May 22nd. Finally, Cowen restated a "hold" rating on shares of Canada Goose in a research report on Thursday, May 22nd.

Canada Goose Stock Performance

Shares of GOOS traded up $0.82 during mid-day trading on Friday, hitting $11.82. The company's stock had a trading volume of 1,169,735 shares, compared to its average volume of 927,117. The stock's 50-day moving average is $10.37 and its two-hundred day moving average is $9.79. The firm has a market capitalization of $1.14 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 0.71 and a beta of 1.42. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.50 and a current ratio of 2.66. Canada Goose has a one year low of $6.73 and a one year high of $13.15.

Canada Goose (NYSE:GOOS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 21st. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.17. The firm had revenue of $266.83 million for the quarter, compared to the consensus estimate of $355.76 million. Canada Goose had a net margin of 7.02% and a return on equity of 23.33%. During the same quarter in the previous year, the company earned $0.14 earnings per share. The business's revenue was up 7.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Canada Goose will post 0.7 EPS for the current year.

Institutional Trading of Canada Goose

A number of institutional investors have recently modified their holdings of GOOS. Steward Partners Investment Advisory LLC lifted its position in shares of 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 worth $43,000 after purchasing an additional 4,213 shares in the last quarter. Deutsche Bank AG increased its stake in Canada Goose by 192.0% in the 4th quarter. Deutsche Bank AG now owns 7,998 shares of the company's stock valued at $80,000 after buying an additional 5,259 shares during the last quarter. Virtu Financial LLC acquired a new stake in Canada Goose in the 4th quarter valued at $100,000. Aigen Investment Management LP bought a new stake in Canada Goose during the 4th quarter worth about $103,000. Finally, MQS Management LLC acquired a new position in shares of Canada Goose during the 1st quarter worth about $86,000. 83.64% of the stock is currently owned by institutional investors.

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.