Canada Goose Holdings Inc. (NYSE:GOOS) Given Consensus Recommendation of "Hold" by Brokerages

Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) has received an average recommendation of "Hold" from the seven research firms that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $14.60.

Several research analysts recently weighed in on GOOS shares. Evercore raised their target price on Canada Goose from $11.00 to $12.00 and gave the company an "in-line" rating in a research note on Friday, February 2nd. Barclays raised their target price on Canada Goose from $11.00 to $13.00 and gave the company an "equal weight" rating in a research note on Friday, February 2nd.

Canada Goose Trading Up 2.1 %

NYSE:GOOS opened at $12.93 on Monday. Canada Goose has a 1 year low of $9.80 and a 1 year high of $22.65. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 41.71, a PEG ratio of 1.59 and a beta of 1.49. The business has a fifty day moving average of $12.44 and a 200-day moving average of $12.70. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.87.

Canada Goose (NYSE:GOOS - Get Free Report) last released its quarterly earnings results on Thursday, February 1st. The company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.06). Canada Goose had a return on equity of 23.30% and a net margin of 3.86%. The business had revenue of $448.03 million during the quarter, compared to the consensus estimate of $455.25 million. Equities analysts predict that Canada Goose will post 0.66 earnings per share for the current year.

Hedge Funds Weigh In On Canada Goose

Hedge funds and other institutional investors have recently modified their holdings of the stock. Clear Street Markets LLC acquired a new position in shares of Canada Goose in the 4th quarter valued at $31,000. Gyon Technologies Capital Management LP purchased a new stake in Canada Goose in the 4th quarter worth about $38,000. Deutsche Bank AG purchased a new stake in Canada Goose in the 4th quarter worth about $49,000. Great West Life Assurance Co. Can lifted its stake in Canada Goose by 44.3% in the 2nd quarter. Great West Life Assurance Co. Can now owns 3,732 shares of the company's stock worth $66,000 after acquiring an additional 1,146 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in Canada Goose by 438.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 8,075 shares of the company's stock worth $118,000 after acquiring an additional 6,575 shares in the last quarter. Institutional investors and hedge funds own 50.24% of the company's stock.

Canada Goose Company Profile

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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