share_log

Canada Goose (NYSE:GOOS) Sees Unusually-High Trading Volume

Defense World ·  Oct 2, 2022 02:51

Canada Goose Holdings Inc. (NYSE:GOOS – Get Rating) saw an uptick in trading volume on Friday . 24,178 shares changed hands during mid-day trading, a decline of 98% from the previous session's volume of 1,344,772 shares.The stock last traded at $15.24 and had previously closed at $16.03.

Analysts Set New Price Targets

Several research firms recently commented on GOOS. Barclays increased their target price on Canada Goose to $28.00 in a report on Monday, August 15th. UBS Group dropped their target price on Canada Goose from $24.00 to $20.00 in a report on Friday, July 15th. The Goldman Sachs Group dropped their target price on Canada Goose from $26.00 to $20.00 and set a "neutral" rating on the stock in a report on Thursday, July 21st. Finally, Williams Trading raised Canada Goose from a "sell" rating to a "hold" rating in a report on Monday, September 19th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Canada Goose has a consensus rating of "Hold" and a consensus price target of $34.40.

Get Canada Goose alerts:

Canada Goose Stock Performance

The company has a debt-to-equity ratio of 1.07, a current ratio of 2.42 and a quick ratio of 0.66. The stock has a 50 day simple moving average of $18.84 and a two-hundred day simple moving average of $20.44. The company has a market cap of $1.61 billion, a PE ratio of 23.45, a PEG ratio of 0.38 and a beta of 1.58.

Canada Goose (NYSE:GOOS – Get Rating) last issued its quarterly earnings data on Thursday, August 11th. The company reported ($0.44) earnings per share for the quarter, beating analysts' consensus estimates of ($0.49) by $0.05. Canada Goose had a return on equity of 26.71% and a net margin of 8.13%. The company had revenue of $54.77 million during the quarter. Equities analysts predict that Canada Goose Holdings Inc. will post 1.41 EPS for the current year.

Institutional Investors Weigh In On Canada Goose

Large investors have recently modified their holdings of the stock. Squarepoint Ops LLC raised its stake in shares of Canada Goose by 135.9% during the fourth quarter. Squarepoint Ops LLC now owns 114,074 shares of the company's stock worth $4,228,000 after purchasing an additional 65,727 shares during the last quarter. Capital Fund Management S.A. raised its stake in shares of Canada Goose by 108.3% during the first quarter. Capital Fund Management S.A. now owns 114,150 shares of the company's stock worth $3,006,000 after purchasing an additional 59,344 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its stake in shares of Canada Goose by 19.5% during the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 37,065 shares of the company's stock worth $987,000 after purchasing an additional 6,050 shares during the last quarter. ARK Investment Management LLC grew its holdings in Canada Goose by 28.5% during the first quarter. ARK Investment Management LLC now owns 6,765 shares of the company's stock worth $178,000 after acquiring an additional 1,502 shares during the period. Finally, Truist Financial Corp grew its holdings in Canada Goose by 20.8% during the first quarter. Truist Financial Corp now owns 20,856 shares of the company's stock worth $549,000 after acquiring an additional 3,588 shares during the period. Hedge funds and other institutional investors own 44.18% of the company's stock.

About Canada Goose

(Get Rating)

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.

Read More

  • Get a free copy of the StockNews.com research report on Canada Goose (GOOS)
  • EV Battery Maker Freyr Set For Major Global Expansion
  • MarketBeat: Week in Review 9/26 – 9/30
  • This Is A Memorable Time To Buy Into Micron Technology
  • Declining Profits Challenge the CarMax Value Proposition
  • Let Paychex Stock Work Hard For You

Receive News & Ratings for Canada Goose Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Goose and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment