Analysts Set Canada Goose Holdings Inc. (NYSE:GOOS) Price Target at $32.10

Shares of Canada Goose Holdings Inc. (NYSE:GOOSGet Rating) have been given a consensus recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $32.10.

GOOS has been the subject of a number of research analyst reports. The Goldman Sachs Group decreased their price target on Canada Goose from $22.00 to $19.00 and set a “neutral” rating for the company in a research note on Friday, November 4th. Barclays upped their price objective on shares of Canada Goose to $28.00 in a report on Monday, August 15th. TD Securities cut their price target on shares of Canada Goose from C$54.00 to C$49.00 in a report on Wednesday, October 26th. Williams Trading upgraded Canada Goose from a “sell” rating to a “hold” rating in a report on Monday, September 19th. Finally, OTR Global raised Canada Goose from a “negative” rating to a “mixed” rating in a research note on Friday, October 21st.

Institutional Investors Weigh In On Canada Goose

Several institutional investors have recently added to or reduced their stakes in GOOS. Truist Financial Corp lifted its stake in Canada Goose by 20.8% in the first quarter. Truist Financial Corp now owns 20,856 shares of the company’s stock valued at $549,000 after buying an additional 3,588 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Canada Goose by 167.7% in the first quarter. SG Americas Securities LLC now owns 55,246 shares of the company’s stock valued at $1,455,000 after acquiring an additional 34,607 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Canada Goose by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 37,064 shares of the company’s stock valued at $976,000 after acquiring an additional 1,818 shares in the last quarter. Manhattan West Asset Management LLC purchased a new stake in shares of Canada Goose in the first quarter valued at $597,000. Finally, National Bank of Canada FI lifted its position in shares of Canada Goose by 3.2% in the first quarter. National Bank of Canada FI now owns 26,753 shares of the company’s stock valued at $703,000 after acquiring an additional 821 shares in the last quarter. Hedge funds and other institutional investors own 44.18% of the company’s stock.

Canada Goose Stock Performance

NYSE GOOS opened at $17.92 on Tuesday. The stock has a market capitalization of $1.89 billion, a PE ratio of 29.38, a P/E/G ratio of 0.43 and a beta of 1.55. The business has a 50 day simple moving average of $17.07 and a two-hundred day simple moving average of $18.51. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.22 and a quick ratio of 0.85. Canada Goose has a 1-year low of $14.51 and a 1-year high of $48.41.

Canada Goose (NYSE:GOOSGet Rating) last announced its earnings results on Wednesday, November 2nd. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.13. The firm had revenue of $212.51 million during the quarter. Canada Goose had a return on equity of 29.25% and a net margin of 7.37%. On average, research analysts predict that Canada Goose will post 1.21 EPS for the current fiscal year.

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.

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Analyst Recommendations for Canada Goose (NYSE:GOOS)

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