Canada Goose (NYSE:GOOS - Get Free Report) was upgraded by stock analysts at Barclays from an "underweight" rating to an "equal weight" rating in a research note issued on Friday, MarketBeat.com reports. The firm currently has a $14.00 price target on the stock, up from their previous price target of $11.00. Barclays's price target would indicate a potential upside of 0.07% from the stock's current price.
GOOS has been the subject of several other reports. Wall Street Zen upgraded shares of Canada Goose from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Wells Fargo & Company upgraded shares of Canada Goose from an "underweight" rating to an "equal weight" rating in a report on Wednesday, April 30th. UBS Group reiterated a "neutral" rating and set a $11.00 target price (up from $8.00) on shares of Canada Goose in a report on Thursday, May 22nd. Evercore ISI set a $11.00 price target on Canada Goose and gave the stock an "in-line" rating in a research note on Thursday, May 22nd. Finally, The Goldman Sachs Group upped their price objective on Canada Goose from $8.00 to $9.00 and gave the company a "sell" rating in a research report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $11.25.
Check Out Our Latest Stock Report on Canada Goose
Canada Goose Price Performance
GOOS traded up $0.53 during trading on Friday, reaching $13.99. The stock had a trading volume of 1,828,418 shares, compared to its average volume of 955,863. The stock has a market cap of $1.35 billion, a PE ratio of 20.57, a PEG ratio of 0.85 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 $14.25. The business has a 50-day moving average of $11.07 and a 200-day moving average of $9.94.
Canada Goose (NYSE:GOOS - Get Free Report) last released its earnings results on Wednesday, May 21st. The company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.17. The business had revenue of $266.83 million for the quarter, compared to analysts' expectations of $355.76 million. Canada Goose had a return on equity of 23.33% and a net margin of 7.02%. The firm's revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.14 earnings per share. As a group, equities research analysts anticipate that Canada Goose will post 0.7 EPS for the current fiscal year.
Hedge Funds Weigh In On Canada Goose
Institutional investors and hedge funds have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership purchased a new position in Canada Goose during the fourth quarter valued at $12,251,000. Raymond James Financial Inc. purchased a new stake in Canada Goose in the 4th quarter worth $3,769,000. Pier Capital LLC increased its stake in Canada Goose by 118.0% in the 4th quarter. Pier Capital LLC now owns 357,849 shares of the company's stock worth $3,589,000 after buying an additional 193,708 shares in the last quarter. Aviso Financial Inc. increased its stake in Canada Goose by 4,136.6% in the 4th quarter. Aviso Financial Inc. now owns 90,028 shares of the company's stock worth $904,000 after buying an additional 87,903 shares in the last quarter. Finally, Nexpoint Asset Management L.P. purchased a new stake in Canada Goose in the 4th quarter worth $376,000. 83.64% of the stock is currently owned by hedge funds and other institutional investors.
About Canada Goose
(
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.
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