Williams Trading upgraded shares of Canada Goose (NYSE:GOOS – Get Rating) from a sell rating to a hold rating in a report released on Monday, The Fly reports.
Several other research firms have also weighed in on GOOS. The Goldman Sachs Group lowered their price objective on Canada Goose from $26.00 to $20.00 and set a neutral rating on the stock in a research note on Thursday, July 21st. UBS Group decreased their price target on Canada Goose from $24.00 to $20.00 in a research report on Friday, July 15th. Finally, Barclays increased their price target on Canada Goose to $28.00 in a research report on Monday, August 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus price target of $34.40.
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Canada Goose Price Performance
NYSE GOOS opened at $17.64 on Monday. The stock has a 50-day simple moving average of $19.16 and a 200 day simple moving average of $20.79. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.66 and a current ratio of 2.42. The stock has a market capitalization of $1.86 billion, a PE ratio of 27.14, a P/E/G ratio of 0.41 and a beta of 1.58. Canada Goose has a twelve month low of $16.65 and a twelve month high of $53.64.
Canada Goose (NYSE:GOOS – Get Rating) last posted its quarterly earnings results on Thursday, August 11th. The company reported ($0.44) EPS for the quarter, beating the consensus estimate of ($0.49) by $0.05. Canada Goose had a return on equity of 26.71% and a net
margin of 8.13%. The firm had revenue of $54.77 million during the quarter. Research analysts anticipate that Canada Goose will post 1.41 EPS for the current year.
Institutional Trading of Canada Goose
Several hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its stake in Canada Goose by 203.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 3,179,953 shares of the company's stock worth $83,715,000 after buying an additional 2,130,452 shares during the period. Goldman Sachs Group Inc. increased its holdings in Canada Goose by 135.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,930,284 shares of the company's stock worth $34,764,000 after purchasing an additional 1,111,105 shares in the last quarter. Vanguard Group Inc. increased its holdings in Canada Goose by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 1,626,615 shares of the company's stock worth $42,828,000 after purchasing an additional 20,326 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in Canada Goose by 4.6% during the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,260,000 shares of the company's stock worth $46,763,000 after purchasing an additional 55,116 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in Canada Goose by 19,764.4% during the 4th quarter. Marshall Wace LLP now owns 1,211,731 shares of the company's stock worth $44,910,000 after purchasing an additional 1,205,631 shares in the last quarter. Institutional investors and hedge funds own 44.18% of the company's stock.
About Canada Goose
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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.
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