Canada Goose (TSE:GOOS) Shares Climb 0.2% - Here's Why

Key Points

• Canada Goose shares rose 0.2% to C$11.33 in Tuesday trading, with volume reaching 281,342 shares—48% above the average session volume.
• Analyst opinions remain mixed: Bank of America assigned a C$15.00 price target and “buy” rating, while Wells Fargo downgraded the stock to “underweight” with a C$10.00 target. The consensus rating is “Hold,” with an average target of C$12.50.
• The company reported quarterly revenue of C$118.90 million and a loss of C$0.89 per share. Canada Goose has a market capitalization of approximately C$1.11 billion and analysts expect fiscal-year EPS of C$1.62.

Canada Goose Holdings Inc. (TSE:GOOS - Get Free Report) was up 0.2% on Tuesday. The stock traded as high as C$11.51 and last traded at C$11.33. 281,342 shares were traded during mid-day trading, an increase of 48% from the average session volume of 190,381 shares. The stock had previously closed at C$11.31.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Bank of America set a C$15.00 target price on Canada Goose and gave the company a "buy" rating in a research note on Wednesday, August 5th. Wells Fargo & Company lowered shares of Canada Goose from an "overweight" rating to an "underweight" rating and set a C$10.00 price target for the company. in a research report on Monday, August 24th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Canada Goose currently has a consensus rating of "Hold" and an average target price of C$12.50.

Canada Goose Stock Up 0.2%

The firm's 50 day simple moving average is C$11.13 and its 200 day simple moving average is C$13.94. The company has a market cap of C$1.11 billion, a price-to-earnings ratio of 19.20, a price-to-earnings-growth ratio of 0.61 and a beta of 1.64. The company has a quick ratio of 0.69, a current ratio of 2.33 and a debt-to-equity ratio of 158.47.

Canada Goose (TSE:GOOS - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported C($0.89) earnings per share (EPS) for the quarter. Canada Goose had a return on equity of 10.37% and a net margin of 3.70%. The business had revenue of C$118.90 million for the quarter. Sell-side analysts anticipate that Canada Goose Holdings Inc. will post 1.62 EPS for the current fiscal year.

Canada Goose Company Profile

Canada Goose is dedicated to empowering discovery and pushing boundaries in design, functionality, and style. Inspired by our Canadian heritage, we craft high-performance outerwear, apparel, footwear, and accessories that elevate craftsmanship and embrace individuality. Rooted in resilience and driven by a pioneering spirit, we embolden explorers to thrive in all environments while preserving the planet they roam.

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