Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report)'s stock price rose 5.4% during trading on Friday . The stock traded as high as $14.28 and last traded at $14.19. Approximately 887,358 shares were traded during trading, a decline of 7% from the average daily volume of 949,676 shares. The stock had previously closed at $13.46.
Analyst Upgrades and Downgrades
GOOS has been the subject of several recent analyst reports. Wells Fargo & Company raised shares of Canada Goose from an "underweight" rating to an "equal weight" rating in a research note on Wednesday, April 30th. UBS Group reissued a "neutral" rating and issued a $11.00 price target (up previously from $8.00) on shares of Canada Goose in a research note on Thursday, May 22nd. The Goldman Sachs Group boosted their price target on shares of Canada Goose from $8.00 to $9.00 and gave the stock a "sell" rating in a research note on Thursday, May 22nd. Barclays raised shares of Canada Goose from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $11.00 to $14.00 in a research note on Friday. Finally, Cowen reissued a "hold" rating on shares of Canada Goose in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $11.25.
View Our Latest Stock Analysis on GOOS
Canada Goose Trading Down 1.6%
The stock has a market capitalization of $1.33 billion, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 0.89 and a beta of 1.42. The company has a current ratio of 2.66, a quick ratio of 1.50 and a debt-to-equity ratio of 0.73. The stock's fifty day moving average price is $11.07 and its two-hundred day moving average price is $9.94.
Canada Goose (NYSE:GOOS - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $355.76 million. Canada Goose had a net margin of 7.02% and a return on equity of 23.33%. The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 EPS. Equities research analysts forecast that Canada Goose Holdings Inc. will post 0.7 EPS for the current year.
Institutional Investors Weigh In On Canada Goose
Hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC raised its holdings in 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 valued at $43,000 after buying an additional 4,213 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Canada Goose during the 4th quarter valued at $3,769,000. Virtu Financial LLC bought a new stake in Canada Goose during the 4th quarter valued at $100,000. LPL Financial LLC raised its holdings in Canada Goose by 21.2% during the 4th quarter. LPL Financial LLC now owns 97,174 shares of the company's stock valued at $975,000 after buying an additional 16,983 shares during the last quarter. Finally, Pier Capital LLC raised its holdings in Canada Goose by 118.0% during the 4th quarter. Pier Capital LLC now owns 357,849 shares of the company's stock valued at $3,589,000 after buying an additional 193,708 shares during the last quarter. 83.64% of the stock is currently owned by institutional investors.
Canada Goose Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Canada Goose, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canada Goose wasn't on the list.
While Canada Goose currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
