Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) shares crossed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $7.93 and traded as low as $7.64. Canada Goose shares last traded at $7.7850, with a volume of 1,368,301 shares trading hands.
Analysts Set New Price Targets
A number of research firms have recently issued reports on GOOS. Zacks Research upgraded Canada Goose from a "strong sell" rating to a "hold" rating in a research report on Monday, September 28th. Williams Trading cut Canada Goose from a "hold" rating to a "strong sell" rating in a research report on Friday, July 24th. TD Cowen lifted their price target on shares of Canada Goose from $13.00 to $18.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. UBS Group decreased their price target on shares of Canada Goose from $10.50 to $9.00 and set a "neutral" rating on the stock in a research note on Wednesday. Finally, Wall Street Zen lowered shares of Canada Goose from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $11.48.
Get Our Latest Analysis on GOOS
Canada Goose Stock Performance
The stock has a 50 day moving average price of $7.93 and a two-hundred day moving average price of $10.03. The company has a current ratio of 2.33, a quick ratio of 0.97 and a debt-to-equity ratio of 0.77. The company has a market cap of $760.28 million, a price-to-earnings ratio of 19.96, a P/E/G ratio of 0.61 and a beta of 1.65.
Canada Goose (NYSE:GOOS - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($0.64) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.70) by $0.06. The business had revenue of $83.71 million for the quarter, compared to analyst estimates of $76.34 million. Canada Goose had a return on equity of 14.28% and a net margin of 3.65%. The firm's revenue was up 10.3% on a year-over-year basis. During the same period last year, the company earned $0.91 EPS. Analysts predict that Canada Goose Holdings Inc. will post 0.74 EPS for the current year.
Hedge Funds Weigh In On Canada Goose
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its stake in Canada Goose by 47.5% in the first quarter. Dimensional Fund Advisors LP now owns 568,377 shares of the company's stock valued at $6,233,000 after acquiring an additional 182,916 shares during the last quarter. Clough Capital Partners L P acquired a new position in Canada Goose during the first quarter valued at approximately $917,000. Great Hill Capital LLC lifted its stake in Canada Goose by 62.0% during the first quarter. Great Hill Capital LLC now owns 132,065 shares of the company's stock worth $1,449,000 after purchasing an additional 50,529 shares during the last quarter. Squarepoint Ops LLC bought a new stake in Canada Goose during the second quarter worth $367,000. Finally, Penn Capital Management Company LLC bought a new stake in Canada Goose during the second quarter worth $247,000. Institutional investors own 83.64% of the company's stock.
Canada Goose Company Profile
(
Get Free Report)
Canada Goose Holdings Inc designs, manufactures, and sells luxury apparel and accessories focused on cold-weather performance. Its product range includes parkas, jackets, vests, knitwear, footwear, gloves, hats, and other seasonal apparel for women, men, and children.
The company traces its origins to 1957, when Metro Sportswear was established in Toronto. It later adopted the Canada Goose name and built its reputation around insulated outerwear designed for harsh climates, combining technical materials and construction with premium fashion positioning.
Canada Goose sells its products through company-operated retail stores, e-commerce platforms, and select wholesale partners.
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