Canada Goose Holdings Inc. (NYSE:GOOS) Receives $10.60 Consensus Price Target from Brokerages

Shares of Canada Goose Holdings Inc. (NYSE:GOOS) have earned an average recommendation of “Reduce” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $10.60.

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group reduced their price target on Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a research note on Tuesday, December 10th. Barclays reduced their price target on Canada Goose from $11.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Monday, February 10th. Finally, Evercore ISI reduced their price target on Canada Goose from $13.00 to $10.00 and set an “in-line” rating on the stock in a research note on Monday, February 10th.

Canada Goose Stock Performance

Shares of GOOS stock opened at $10.56 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.01. Canada Goose has a fifty-two week low of $9.23 and a fifty-two week high of $14.75. The stock has a 50 day moving average price of $10.32 and a two-hundred day moving average price of $10.47. The company has a market capitalization of $1.02 billion, a P/E ratio of 20.30, a PEG ratio of 1.00 and a beta of 1.31.

Canada Goose (NYSE:GOOS) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.10 earnings per share for the quarter, meeting the consensus estimate of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. Analysts expect that Canada Goose will post 0.7 earnings per share for the current year.

Hedge Funds Weigh In On Canada Goose

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in shares of Canada Goose by 193.8% in 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 during the period. Steward Partners Investment Advisory LLC lifted its stake in shares of Canada Goose by 4,213.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company’s stock worth $43,000 after purchasing an additional 4,213 shares during the last quarter. Deutsche Bank AG lifted its stake in shares of Canada Goose by 192.0% during the 4th quarter. Deutsche Bank AG now owns 7,998 shares of the company’s stock worth $80,000 after purchasing an additional 5,259 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Canada Goose during the 4th quarter worth $100,000. Finally, Aigen Investment Management LP purchased a new stake in shares of Canada Goose during the 4th quarter worth $103,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.

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.