Canada Goose Holdings Inc. (NYSE:GOOS) Receives Average Recommendation of "Hold" from Analysts

Shares of Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) have been assigned a consensus recommendation of "Hold" from the six research firms that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $13.83.

Several equities research analysts recently commented on the stock. Barclays lifted their price target on shares of Canada Goose from $11.00 to $13.00 and gave the stock an "equal weight" rating in a research note on Friday, February 2nd. Evercore boosted their target price on Canada Goose from $11.00 to $12.00 and gave the company an "in-line" rating in a report on Friday, February 2nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Silverleafe Capital Partners LLC purchased a new stake in shares of Canada Goose during the third quarter worth approximately $147,000. SG Americas Securities LLC purchased a new position in Canada Goose during the 4th quarter worth $124,000. Commonwealth Equity Services LLC acquired a new stake in shares of Canada Goose in the 3rd quarter worth $160,000. Total Clarity Wealth Management Inc. acquired a new stake in shares of Canada Goose in the 4th quarter worth $198,000. Finally, Claro Advisors LLC purchased a new stake in shares of Canada Goose in the first quarter valued at about $210,000. 83.64% of the stock is owned by hedge funds and other institutional investors.

Canada Goose Stock Down 2.2 %

Shares of NYSE GOOS traded down $0.25 during midday trading on Tuesday, hitting $11.29. 309,865 shares of the company's stock were exchanged, compared to its average volume of 1,156,189. The firm's fifty day simple moving average is $12.19 and its 200-day simple moving average is $11.88. The company has a market cap of $1.09 billion, a PE ratio of 36.42, a P/E/G ratio of 1.16 and a beta of 1.48. Canada Goose has a twelve month low of $9.80 and a twelve month high of $22.65. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.87 and a quick ratio of 0.81.

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

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.