Trexquant Investment LP bought a new stake in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 65,741 shares of the company's stock, valued at approximately $523,000. Trexquant Investment LP owned about 0.07% of Canada Goose at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the company. Deutsche Bank AG increased 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 valued at $80,000 after buying an additional 5,259 shares during the period. MQS Management LLC acquired a new position in Canada Goose in the 1st quarter valued at approximately $86,000. Occudo Quantitative Strategies LP bought a new position in shares of Canada Goose during the fourth quarter valued at $145,000. Public Employees Retirement System of Ohio raised its stake in shares of Canada Goose by 10.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 16,621 shares of the company's stock valued at $167,000 after acquiring an additional 1,578 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Canada Goose by 62.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 22,693 shares of the company's stock worth $180,000 after purchasing an additional 8,690 shares during the period. 83.64% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on GOOS shares. TD Cowen raised Canada Goose from a "hold" rating to a "buy" rating and raised their target price for the stock from $16.00 to $18.00 in a research report on Monday. The Goldman Sachs Group increased their price target on Canada Goose from $8.00 to $9.00 and gave the company a "sell" rating in a research note on Thursday, May 22nd. Wall Street Zen lowered Canada Goose from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Cowen upgraded Canada Goose from a "hold" rating to a "buy" rating in a report on Monday. Finally, Robert W. Baird set a $28.00 price objective on shares of Canada Goose in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $15.00.
Read Our Latest Stock Analysis on GOOS
Canada Goose Trading Up 0.3%
Shares of NYSE:GOOS traded up $0.05 during mid-day trading on Thursday, hitting $14.64. The company had a trading volume of 507,181 shares, compared to its average volume of 1,228,370. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.02 and a quick ratio of 0.89. Canada Goose Holdings Inc. has a one year low of $6.73 and a one year high of $15.43. The firm has a fifty day moving average price of $12.77 and a 200 day moving average price of $10.67. The company has a market capitalization of $1.42 billion, a PE ratio of 43.06, a price-to-earnings-growth ratio of 1.11 and a beta of 1.46.
Canada Goose (NYSE:GOOS - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported ($0.66) earnings per share for the quarter, missing the consensus estimate of ($0.62) by ($0.04). Canada Goose had a net margin of 3.48% and a return on equity of 19.85%. The company had revenue of $77.91 million during the quarter, compared to the consensus estimate of $68.33 million. During the same period last year, the firm posted $0.78 earnings per share. As a group, research analysts forecast that Canada Goose Holdings Inc. will post 0.7 EPS for the current year.
About Canada Goose
(
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.
Further Reading
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
