Canada Goose Holdings Inc. (NYSE:GOOS) Receives Average Rating of “Moderate Buy” from Analysts

Canada Goose Holdings Inc. (NYSE:GOOS) has been given a consensus recommendation of “Moderate Buy” by the nine analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $15.00.

GOOS has been the subject of a number of recent research reports. TD Cowen upgraded shares of Canada Goose from a “hold” rating to a “buy” rating and lifted their price target for the stock from $16.00 to $18.00 in a report on Monday, September 8th. Barclays lowered their price target on shares of Canada Goose from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Robert W. Baird set a $28.00 target price on shares of Canada Goose in a report on Thursday, August 28th. UBS Group restated a “neutral” rating and issued a $11.00 target price (up from $8.00) on shares of Canada Goose in a report on Thursday, May 22nd. Finally, Evercore ISI set a $11.00 target price on shares of Canada Goose and gave the company an “in-line” rating in a report on Thursday, May 22nd.

Institutional Investors Weigh In On Canada Goose

A number of institutional investors have recently bought and sold shares of GOOS. Deutsche Bank AG grew its stake in Canada Goose by 192.0% during the fourth quarter. Deutsche Bank AG now owns 7,998 shares of the company’s stock worth $80,000 after buying an additional 5,259 shares during the period. MQS Management LLC purchased a new position in shares of Canada Goose in the 1st quarter valued at $86,000. Ameriprise Financial Inc. purchased a new position in shares of Canada Goose in the 2nd quarter valued at $139,000. Occudo Quantitative Strategies LP purchased a new position in shares of Canada Goose in the 4th quarter valued at $145,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new position in shares of Canada Goose in the 2nd quarter valued at $151,000. 83.64% of the stock is currently owned by hedge funds and other institutional investors.

Canada Goose Stock Performance

Shares of NYSE GOOS opened at $13.88 on Friday. The company has a market cap of $1.35 billion, a PE ratio of 40.82, a price-to-earnings-growth ratio of 1.05 and a beta of 1.46. Canada Goose has a 12 month low of $6.73 and a 12 month high of $15.43. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.02 and a quick ratio of 0.89. The company has a 50-day simple moving average of $12.95 and a 200-day simple moving average of $10.82.

Canada Goose (NYSE:GOOS) last issued its quarterly earnings results on Thursday, July 31st. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.62) by ($0.04). The firm had revenue of $77.91 million for the quarter, compared to analysts’ expectations of $68.33 million. Canada Goose had a return on equity of 19.85% and a net margin of 3.48%.During the same quarter last year, the firm earned $0.78 earnings per share. On average, equities analysts anticipate that Canada Goose will post 0.7 earnings per share for the current year.

About Canada Goose

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.