Balyasny Asset Management L.P. Has $120,000 Stock Holdings in Canada Goose Holdings Inc. (NYSE:GOOS)

Balyasny Asset Management L.P. decreased its holdings in shares of Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 92.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,997 shares of the company's stock after selling 140,034 shares during the quarter. Balyasny Asset Management L.P.'s holdings in Canada Goose were worth $120,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Bayesian Capital Management LP bought a new position in Canada Goose during the 4th quarter worth $269,000. BNP Paribas Financial Markets increased its position in Canada Goose by 508.0% during the 4th quarter. BNP Paribas Financial Markets now owns 19,238 shares of the company's stock worth $193,000 after buying an additional 16,074 shares during the period. Nexpoint Asset Management L.P. bought a new position in Canada Goose during the 4th quarter worth $376,000. Nebula Research & Development LLC bought a new position in Canada Goose during the 4th quarter worth $213,000. Finally, Penn Capital Management Company LLC bought a new position in Canada Goose during the 4th quarter worth $5,702,000. Institutional investors and hedge funds own 83.64% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on GOOS shares. Evercore ISI set a $11.00 price target on Canada Goose and gave the stock an "in-line" rating in a research report on Thursday. Wall Street Zen upgraded Canada Goose from a "hold" rating to a "buy" rating in a research report on Saturday. UBS Group restated a "neutral" rating and issued a $11.00 price target (up previously from $8.00) on shares of Canada Goose in a research report on Thursday. Cowen restated a "hold" rating on shares of Canada Goose in a research report on Thursday. Finally, The Goldman Sachs Group raised their price target on Canada Goose from $8.00 to $9.00 and gave the stock a "sell" rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Canada Goose presently has an average rating of "Hold" and a consensus price target of $10.50.

Canada Goose Price Performance

NYSE:GOOS traded up $0.39 during trading hours on Friday, hitting $11.80. The company's stock had a trading volume of 2,788,390 shares, compared to its average volume of 891,183. The stock has a fifty day simple moving average of $8.42 and a 200-day simple moving average of $9.43. The company has a market capitalization of $1.14 billion, a P/E ratio of 22.69, a PEG ratio of 1.00 and a beta of 1.26. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 1.14. Canada Goose Holdings Inc. has a twelve month low of $6.73 and a twelve month high of $14.75.

Canada Goose (NYSE:GOOS - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.17. The business had revenue of $266.83 million for the quarter, compared to analyst estimates of $355.76 million. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. Canada Goose's revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. On average, analysts anticipate that Canada Goose Holdings Inc. will post 0.7 EPS for the current fiscal year.

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.