Canada Goose (TSE:GOOS) Shares Climb 0.2% – Here’s Why

Canada Goose Holdings Inc. (TSE:GOOS) traded up 0.2% on Tuesday. The company traded as high as C$11.51 and last traded at C$11.33. 281,342 shares were traded during trading, an increase of 48% from the average session volume of 190,381 shares. The stock had previously closed at C$11.31.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Bank of America set a C$15.00 price objective on shares of Canada Goose and gave the stock a “buy” rating in a report on Wednesday, August 5th. Wells Fargo & Company cut shares of Canada Goose from an “overweight” rating to an “underweight” rating and set a C$10.00 target price on the stock. in a research note on Monday, August 24th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Canada Goose presently has an average rating of “Hold” and a consensus price target of C$12.50.

Canada Goose Stock Performance

The stock has a market cap of C$1.11 billion, a P/E ratio of 19.20, a PEG ratio of 0.61 and a beta of 1.64. The company has a fifty day moving average of C$11.13 and a 200 day moving average of C$13.94. The company has a debt-to-equity ratio of 158.47, a current ratio of 2.33 and a quick ratio of 0.69.

Canada Goose (TSE:GOOS) last issued its quarterly earnings results on Thursday, July 30th. The company reported C($0.89) earnings per share (EPS) for the quarter. The firm had revenue of C$118.90 million for the quarter. Canada Goose had a net margin of 3.70% and a return on equity of 10.37%. On average, equities analysts predict that Canada Goose Holdings Inc. will post 1.62 earnings per share for the current fiscal year.

About Canada Goose

Canada Goose is dedicated to empowering discovery and pushing boundaries in design, functionality, and style. Inspired by our Canadian heritage, we craft high-performance outerwear, apparel, footwear, and accessories that elevate craftsmanship and embrace individuality. Rooted in resilience and driven by a pioneering spirit, we embolden explorers to thrive in all environments while preserving the planet they roam.