Canada Goose (TSE:GOOS) Hits New 1-Year Low – Should You Sell?

Canada Goose Holdings Inc. (TSE:GOOS) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$11.28 and last traded at C$11.50, with a volume of 87908 shares. The stock had previously closed at C$12.02.

Analyst Ratings Changes

Separately, Bank of America set a C$15.00 price target on shares of Canada Goose and gave the company a “buy” rating in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$19.67.

Canada Goose Stock Performance

The company has a quick ratio of 0.69, a current ratio of 2.33 and a debt-to-equity ratio of 158.47. The stock has a market capitalization of C$1.11 billion, a P/E ratio of 19.24, a P/E/G ratio of 0.61 and a beta of 1.71. The business has a fifty day moving average price of C$13.03 and a 200-day moving average price of C$14.45.

Canada Goose (TSE:GOOS) last released its quarterly earnings data on Thursday, July 30th. The company reported C($0.89) EPS for the quarter. Canada Goose had a return on equity of 10.37% and a net margin of 3.70%.The business had revenue of C$118.90 million during the quarter. On average, sell-side analysts expect that Canada Goose Holdings Inc. will post 1.6222664 EPS for the current year.

Canada Goose Company Profile

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.