Canada Goose (NYSE:GOOS) Given a $11.00 Price Target by Evercore ISI Analysts

Canada Goose (NYSE:GOOS - Get Free Report) has been given a $11.00 price target by equities researchers at Evercore ISI in a research note issued on Thursday, MarketBeat reports. The firm presently has an "in-line" rating on the stock. Evercore ISI's target price points to a potential downside of 3.68% from the company's current price.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group lifted their price objective on Canada Goose from $8.00 to $9.00 and gave the stock a "sell" rating in a report on Thursday. Barclays reissued an "underweight" rating and issued a $8.00 target price (down from $10.00) on shares of Canada Goose in a research report on Monday, March 31st. UBS Group raised their target price on Canada Goose from $8.00 to $11.00 and gave the stock a "neutral" rating in a research report on Thursday. Finally, Wells Fargo & Company raised Canada Goose from an "underweight" rating to an "equal weight" rating in a research report on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $9.75.

Canada Goose Price Performance

NYSE GOOS opened at $11.42 on Thursday. Canada Goose has a one year low of $6.73 and a one year high of $14.75. The stock has a 50-day moving average of $8.35 and a 200 day moving average of $9.42. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 1.00 and a beta of 1.26. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.01.

Canada Goose (NYSE:GOOS - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.16 by $0.17. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. The company had revenue of $266.83 million during the quarter, compared to the consensus estimate of $355.76 million. During the same period last year, the company earned $0.14 EPS. Canada Goose's revenue for the quarter was up 7.4% on a year-over-year basis. On average, sell-side analysts forecast that Canada Goose will post 0.7 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC raised its stake 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 buying an additional 4,213 shares during the period. Deutsche Bank AG raised its stake in shares of Canada Goose by 192.0% in the fourth 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. MQS Management LLC bought a new position in shares of Canada Goose in the first quarter worth about $86,000. Virtu Financial LLC bought a new position in shares of Canada Goose in the fourth quarter worth about $100,000. Finally, Aigen Investment Management LP bought a new position in shares of Canada Goose in the fourth quarter worth about $103,000. 83.64% of the stock is owned by hedge funds and other institutional investors.

About Canada Goose

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.