Canada Goose (GOOS) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canada Goose in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GOOS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GOOS, but not buy additional shares or sell existing shares.
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6 Wall Street research analysts have issued 1-year target prices for Canada Goose's stock. Their GOOS share price forecasts range from $14.80 to $49.00. On average, they predict the company's stock price to reach $25.85 in the next twelve months. This suggests a possible upside of 62.6% from the stock's current price.
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Canada Goose's stock was trading at $17.81 on January 1st, 2023. Since then, GOOS shares have decreased by 10.7% and is now trading at $15.90.
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Canada Goose saw a decline in short interest in April. As of April 30th, there was short interest totaling 14,590,000 shares, a decline of 10.5% from the April 15th total of 16,300,000 shares. Based on an average daily trading volume, of 1,350,000 shares, the days-to-cover ratio is presently 10.8 days. Currently, 27.6% of the shares of the company are sold short.
View Canada Goose's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our GOOS earnings forecast.

Canada Goose Holdings Inc. (NYSE:GOOS) posted its quarterly earnings results on Thursday, May, 18th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.04. The company earned $216.84 million during the quarter. Canada Goose had a trailing twelve-month return on equity of 25.45% and a net margin of 5.58%.

Canada Goose issued an update on its FY 2024 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of $0.89-$1.09 for the period, compared to the consensus earnings per share estimate of $1.05. The company issued revenue guidance of $1.04 billion-$1.11 billion, compared to the consensus revenue estimate of $973.00 million.

78 employees have rated Canada Goose Chief Executive Officer Dani Reiss on Glassdoor.com. Dani Reiss has an approval rating of 57% among the company's employees. This puts Dani Reiss in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canada Goose investors own include Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), Roku (ROKU), Block (SQ), PayPal (PYPL) and Tesla (TSLA).

(GOOS) raised $81 million in an initial public offering on Thursday, March 16th 2017. The company issued 7,200,000 shares at a price of $10.50-$12.00 per share. CIBC Capital Markets, Credit Suisse, Goldman, Sachs and RBC Capital Markets acted as the underwriters for the IPO and BofA Merrill Lynch, Morgan Stanley, Barclays, BMO, TD, Wells Fargo Securities, Baird and Canaccord Genuity Nomura were co-managers.

Canada Goose trades on the New York Stock Exchange (NYSE) under the ticker symbol "GOOS."

Canada Goose's stock is owned by a number of institutional and retail investors. Top institutional investors include ArrowMark Colorado Holdings LLC (4.03%), FMR LLC (3.84%), Wasatch Advisors LP (1.18%), Citigroup Inc. (1.17%), Bank of America Corp DE (0.00%) and Barclays PLC (0.81%).

Shares of GOOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GOOS stock can currently be purchased for approximately $15.90.

Canada Goose (NYSE:GOOS) has a market capitalization of $1.66 billion and generates $920.63 million in revenue each year. The company earns $55 million in net income (profit) each year or $0.48 on an earnings per share basis.

The company employs 4,760 workers across the globe.

Canada Goose's mailing address is 250 BOWIE AVENUE, TORONTO A6, M6E 4Y2. The official website for the company is www.canadagoose.com. The company can be reached via phone at (416) 780-9850 or via email at ir@canadagoose.com.