Canada Goose Holdings Inc. (NYSE:GOOS) Receives $14.42 Consensus Price Target from Brokerages

Shares of Canada Goose Holdings Inc. (NYSE:GOOS) have earned an average recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $14.42.

A number of research firms have recently weighed in on GOOS. Evercore ISI boosted their target price on Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a research report on Friday, May 17th. Evercore boosted their target price on Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a research report on Friday, May 17th. Finally, The Goldman Sachs Group lifted their price objective on Canada Goose from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Friday, May 17th.

Institutional Trading of Canada Goose

A number of institutional investors have recently modified their holdings of the company. Strategic Wealth Partners Ltd. raised its holdings in Canada Goose by 10.0% during the first quarter. Strategic Wealth Partners Ltd. now owns 71,126 shares of the company’s stock worth $858,000 after acquiring an additional 6,442 shares in the last quarter. Silvercrest Asset Management Group LLC raised its holdings in Canada Goose by 0.5% during the first quarter. Silvercrest Asset Management Group LLC now owns 605,050 shares of the company’s stock worth $7,297,000 after acquiring an additional 2,752 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Canada Goose by 59.3% during the first quarter. Russell Investments Group Ltd. now owns 52,639 shares of the company’s stock worth $635,000 after acquiring an additional 19,586 shares in the last quarter. River Global Investors LLP raised its holdings in Canada Goose by 19.9% during the first quarter. River Global Investors LLP now owns 107,161 shares of the company’s stock worth $1,292,000 after acquiring an additional 17,752 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Canada Goose by 253.4% during the first quarter. SG Americas Securities LLC now owns 36,927 shares of the company’s stock worth $445,000 after acquiring an additional 26,477 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors.

Canada Goose Trading Down 0.9 %

Shares of GOOS opened at $13.12 on Wednesday. The stock has a fifty day moving average price of $12.62 and a two-hundred day moving average price of $12.38. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.95 and a current ratio of 2.39. Canada Goose has a 52-week low of $9.80 and a 52-week high of $18.63. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 35.46, a PEG ratio of 2.38 and a beta of 1.40.

Canada Goose (NYSE:GOOS) last issued its quarterly earnings data on Thursday, May 16th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.07. Canada Goose had a return on equity of 25.44% and a net margin of 4.28%. The firm had revenue of $265.56 million during the quarter, compared to the consensus estimate of $232.36 million. Analysts predict that Canada Goose will post 0.83 EPS for the current fiscal 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.