Canada Goose Holdings Inc (NYSE:GOOS) has received an average rating of “Buy” from the eleven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $84.63.

A number of research analysts have recently weighed in on the company. Cowen restated a “buy” rating and issued a $77.00 target price on shares of Canada Goose in a report on Monday, November 19th. Zacks Investment Research upgraded Canada Goose from a “hold” rating to a “strong-buy” rating and set a $78.00 target price on the stock in a report on Friday, November 16th. DA Davidson increased their price target on Canada Goose to $74.00 and gave the company a “buy” rating in a research report on Friday, November 16th. Barclays increased their price target on Canada Goose from $72.00 to $77.00 and gave the company an “overweight” rating in a research report on Thursday, November 15th. Finally, Canaccord Genuity set a $102.00 price target on Canada Goose and gave the company a “buy” rating in a research report on Thursday, November 15th.

NYSE:GOOS traded down $4.84 on Monday, hitting $63.54. The stock had a trading volume of 47,130 shares, compared to its average volume of 2,311,144. The firm has a market cap of $7.50 billion, a P/E ratio of 97.77, a PEG ratio of 2.17 and a beta of 2.31. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.73 and a current ratio of 3.91. Canada Goose has a 52 week low of $26.28 and a 52 week high of $72.27.

Canada Goose (NYSE:GOOS) last announced its quarterly earnings results on Wednesday, November 14th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.16. Canada Goose had a return on equity of 44.05% and a net margin of 15.35%. The business had revenue of $230.30 million for the quarter, compared to analyst estimates of $197.99 million. During the same quarter in the prior year, the company earned $0.29 earnings per share. The company’s quarterly revenue was up 33.7% on a year-over-year basis. On average, equities analysts forecast that Canada Goose will post 1.01 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its position in shares of Canada Goose by 9.1% in the first quarter. BlackRock Inc. now owns 37,504 shares of the company’s stock valued at $1,253,000 after purchasing an additional 3,128 shares in the last quarter. Acadian Asset Management LLC boosted its stake in Canada Goose by 111.7% during the second quarter. Acadian Asset Management LLC now owns 19,084 shares of the company’s stock valued at $1,124,000 after buying an additional 10,069 shares during the period. Janney Montgomery Scott LLC bought a new stake in Canada Goose during the second quarter valued at $690,000. Raymond James Financial Services Advisors Inc. bought a new stake in Canada Goose during the second quarter valued at $393,000. Finally, Commonwealth Equity Services LLC bought a new stake in Canada Goose during the second quarter valued at $215,000. 38.32% of the stock is owned by institutional investors and hedge funds.

About Canada Goose

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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Analyst Recommendations for Canada Goose (NYSE:GOOS)

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