Canada Goose Holdings Inc. 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, Africa, and Latin America. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other. It offers parkas, lightweight down jackets, rainwear, windwear, knitwear, footwear, and accessories for fall, winter, and spring seasons. As of April 3, 2022, the company operated through its 56 national e-commerce markets and 41 directly operated retail stores in North America, Europe, and Asia Pacific. It also sells its products through wholesale partners and distributors. The company was founded in 1957 and is headquartered in Toronto, Canada.
Canada Goose Trading Up 1.1 %
GOOS traded up $0.23 during trading on Thursday, reaching $20.94. 988,233 shares of the company's stock were exchanged, compared to its average volume of 1,237,049. The company has a current ratio of 2.42, a quick ratio of 0.66 and a debt-to-equity ratio of 1.07. Canada Goose has a one year low of $16.65 and a one year high of $53.64. The firm has a fifty day moving average price of $19.18 and a two-hundred day moving average price of $22.51. The stock has a market capitalization of $2.20 billion, a PE ratio of 31.86, a price-to-earnings-growth ratio of 0.51 and a beta of 1.57.
Canada Goose (NYSE:GOOS - Get Rating) last issued its quarterly earnings data on Thursday, May 19th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.01. The company had revenue of $223.10 million for the quarter, compared to analysts' expectations of $223.46 million. Canada Goose had a net margin of 8.13% and a return on equity of 26.71%. Canada Goose's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.01 earnings per share. As a group, equities research analysts forecast that Canada Goose will post 1.42 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on GOOS shares. Barclays upped their price target on shares of Canada Goose to $28.00 in a report on Monday. Cowen decreased their price target on Canada Goose from $37.00 to $30.00 and set an "outperform" rating on the stock in a research note on Friday, May 20th. OTR Global downgraded Canada Goose from a "mixed" rating to a "negative" rating in a research report on Friday, April 22nd. Robert W. Baird lifted their target price on Canada Goose from $39.00 to $42.00 in a research report on Friday, May 20th. Finally, Cowen dropped their target price on shares of Canada Goose from $37.00 to $30.00 in a report on Friday, May 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Canada Goose has an average rating of "Moderate Buy" and an average target price of $34.40.