The stock of Canada Goose Holdings Inc. (NYSE:GOOS) last traded at $18.30, down -10.47% from the previous session.
Data from the available sources indicates that Canada Goose Holdings Inc. (NYSE:GOOS) is covered by 9 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $30.53 and a low of $10.00, we find $20.28. Given the previous closing price of $20.44, this indicates a potential downside of -0.78 percent. GOOS stock price is now -3.06% away from the 50-day moving average and -2.66% away from the 200-day moving average. The market capitalization of the company currently stands at $2.59B.
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In total, 4 analysts have assigned it a hold rating, and 3 have given it a buy rating. Brokers who have rated the stock have averaged $20.83 as their price target over the next twelve months.
On February 17, 2023, Evercore ISI Downgraded its previous ‘Outperform’ rating to ‘In-line’ on the stock reducing its target price from $25 to quote $20, while ‘Robert W. Baird’ rates the stock as ‘Neutral’.
A total of 0.51% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in GOOS stock. A new stake in Canada Goose Holdings Inc. shares was purchased by CARTENNA CAPITAL, LP during the first quarter worth $13,268,000. THORNTREE CAPITAL PARTNERS LP invested $12,564,000 in shares of GOOS during the first quarter. In the first quarter, ROKOS CAPITAL MANAGEMENT LLP acquired a new stake in Canada Goose Holdings Inc. valued at approximately $9,071,000. WALLEYE CAPITAL LLC acquired a new stake in GOOS for approximately $3,424,000. BOOTHBAY FUND MANAGEMENT, LLC purchased a new stake in GOOS valued at around $3,106,000 in the second quarter. In total, there are 224 active investors with 98.27% ownership of the company’s stock.
With an opening price of $22.55 on Thursday morning, Canada Goose Holdings Inc. (NYSE: GOOS) set off the trading day. During the past 12 months, Canada Goose Holdings Inc. has had a low of $14.51 and a high of $24.73. As of last week, the company has a debt-to-equity ratio of 1.58, a current ratio of 2.20, and a quick ratio of 1.20. According to the stock market information, the enterprise value for the company is $2.21B, which is based on a 29.33 price-to-earnings ratio, a 1.42 price-to-earnings-growth ratio, and a beta of 1.57. The fifty day moving average price for GOOS is $18.87 and a two-hundred day moving average price translates $18.79 for the stock.
The latest earnings results from Canada Goose Holdings Inc. (NYSE: GOOS) was released for Dec, 2022. According to the Apparel Manufacturing Company, earnings per share came in at $0.94, missing analysts’ expectations of $1.17 by -0.23. This compares to $1.12 EPS in the same period last year. The net profit margin was 5.80% and return on equity was 15.50% for GOOS. The company reported revenue of $425.2 million for the quarter, compared to $465.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.57 percent. For the current quarter, analysts expect GOOS to generate $189.84M in revenue.
Canada Goose Holdings Inc.(GOOS) Company Profile
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.
