Canada Goose Holdings Inc. (NYSE:GOOS) Receives $11.60 Consensus PT from Analysts

Shares of Canada Goose Holdings Inc. (NYSE:GOOS) have been assigned a consensus rating of “Reduce” from the eight research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $11.60.

A number of research analysts have issued reports on the company. Wells Fargo & Company cut Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. The Goldman Sachs Group lowered their target price on Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a research note on Tuesday, December 10th. Finally, UBS Group cut their price target on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd.

Institutional Trading of Canada Goose

A number of hedge funds and other institutional investors have recently made changes to their positions in GOOS. BNP Paribas Financial Markets lifted its position in Canada Goose by 193.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock worth $40,000 after buying an additional 2,087 shares in the last quarter. DGS Capital Management LLC acquired a new position in Canada Goose during the third quarter worth $131,000. Olympiad Research LP bought a new stake in Canada Goose during the third quarter worth $175,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Canada Goose by 17.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,725 shares of the company’s stock valued at $177,000 after acquiring an additional 2,002 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Canada Goose during the 3rd quarter worth about $189,000. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Canada Goose Price Performance

Shares of GOOS stock opened at $10.16 on Friday. The company has a quick ratio of 0.71, a current ratio of 1.85 and a debt-to-equity ratio of 1.21. Canada Goose has a 12-month low of $9.23 and a 12-month high of $14.75. The firm has a fifty day moving average of $9.79 and a 200-day moving average of $10.83. The firm has a market capitalization of $983.44 million, a price-to-earnings ratio of 27.46, a price-to-earnings-growth ratio of 0.61 and a beta of 1.32.

Canada Goose Company Profile

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.