Canada Goose Holdings Inc. (NYSE:GOOS) Receives $11.60 Average Price Target from Analysts

Shares of Canada Goose Holdings Inc. (NYSE:GOOSGet Free Report) have earned a consensus rating of “Reduce” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $11.60.

A number of research analysts have commented on GOOS shares. UBS Group decreased their price target on Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd. Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. Finally, The Goldman Sachs Group dropped their target price on Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a research report on Tuesday, December 10th.

Get Our Latest Report on Canada Goose

Canada Goose Price Performance

NYSE:GOOS opened at $10.96 on Thursday. The company has a market capitalization of $1.06 billion, a P/E ratio of 29.62, a P/E/G ratio of 0.69 and a beta of 1.32. The company has a quick ratio of 0.71, a current ratio of 1.85 and a debt-to-equity ratio of 1.21. Canada Goose has a 52 week low of $9.23 and a 52 week high of $14.75. The stock’s fifty day moving average is $10.11 and its two-hundred day moving average is $10.58.

Canada Goose (NYSE:GOOSGet Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.09. Canada Goose had a net margin of 4.83% and a return on equity of 22.60%. The company had revenue of $196.32 million for the quarter, compared to analysts’ expectations of $183.60 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. Equities analysts expect that Canada Goose will post 0.75 EPS for the current year.

Institutional Investors Weigh In On Canada Goose

A number of hedge funds have recently bought and sold shares of GOOS. DGS Capital Management LLC raised its holdings in shares of Canada Goose by 75.0% in the 4th quarter. DGS Capital Management LLC now owns 18,348 shares of the company’s stock valued at $184,000 after purchasing an additional 7,863 shares in the last quarter. Toronto Dominion Bank increased its holdings in Canada Goose by 28.3% in the third quarter. Toronto Dominion Bank now owns 31,430 shares of the company’s stock valued at $394,000 after buying an additional 6,930 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Canada Goose in the third quarter valued at $189,000. Y Intercept Hong Kong Ltd purchased a new stake in Canada Goose during the 3rd quarter worth about $390,000. Finally, MML Investors Services LLC acquired a new position in shares of Canada Goose during the 3rd quarter worth about $200,000. Institutional investors and hedge funds own 83.64% of the company’s stock.

About Canada Goose

(Get Free Report

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.

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Analyst Recommendations for Canada Goose (NYSE:GOOS)

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