Canada Goose (NYSE:GOOS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Canada Goose (NYSE:GOOS) from a hold rating to a buy rating in a research note issued to investors on Sunday morning.

A number of other research firms have also commented on GOOS. Zacks Research lowered shares of Canada Goose from a “hold” rating to a “strong sell” rating in a research note on Friday, January 30th. The Goldman Sachs Group reissued a “sell” rating on shares of Canada Goose in a research note on Friday, February 6th. Robert W. Baird lowered shares of Canada Goose from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Canada Goose in a research report on Wednesday, January 21st. Finally, Barclays cut shares of Canada Goose from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $12.00 to $10.00 in a research report on Friday, February 6th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Canada Goose presently has an average rating of “Reduce” and a consensus price target of $15.17.

Canada Goose Trading Up 0.0%

Shares of GOOS stock opened at $11.16 on Friday. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 85.81 and a beta of 1.72. The stock has a 50-day moving average of $12.45 and a 200-day moving average of $13.07. The company has a current ratio of 2.12, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Canada Goose has a 1-year low of $6.73 and a 1-year high of $15.43.

Institutional Trading of Canada Goose

Several large investors have recently modified their holdings of the stock. Geode Capital Management LLC lifted its position in shares of Canada Goose by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 30,314 shares of the company’s stock valued at $392,000 after acquiring an additional 859 shares during the period. TD Asset Management Inc grew its holdings in Canada Goose by 1.5% in the third quarter. TD Asset Management Inc now owns 59,646 shares of the company’s stock worth $821,000 after purchasing an additional 868 shares during the period. Invesco Ltd. increased its stake in Canada Goose by 7.2% in the second quarter. Invesco Ltd. now owns 15,124 shares of the company’s stock valued at $169,000 after purchasing an additional 1,012 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of Canada Goose by 6.4% during the third quarter. National Bank of Canada FI now owns 21,825 shares of the company’s stock valued at $291,000 after purchasing an additional 1,320 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of Canada Goose by 5.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 29,026 shares of the company’s stock worth $324,000 after purchasing an additional 1,630 shares in the last quarter. Institutional investors and hedge funds own 83.64% of the company’s stock.

Canada Goose Company Profile

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.