Shares of Canada Goose Holdings Inc (NYSE:GOOS) gapped down before the market opened on Friday . The stock had previously closed at $47.94, but opened at $47.93. Canada Goose shares last traded at $47.71, with a volume of 88505 shares.

A number of equities research analysts recently weighed in on GOOS shares. Barclays raised their price objective on Canada Goose from $72.00 to $77.00 and gave the company an “overweight” rating in a research report on Thursday, November 15th. Credit Suisse Group raised their price target on Canada Goose from $88.00 to $100.00 and gave the stock an “outperform” rating in a report on Thursday, November 15th. Cowen reissued a “buy” rating and issued a $77.00 price objective on shares of Canada Goose in a report on Monday, November 19th. Royal Bank of Canada lifted their price target on Canada Goose from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 14th. Finally, Susquehanna Bancshares assumed coverage on Canada Goose in a research note on Monday, December 10th. They issued a “positive” rating and a $58.45 price target on the stock. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $77.31.

The company has a current ratio of 3.91, a quick ratio of 1.73 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $5.40 billion, a PE ratio of 73.03, a P/E/G ratio of 1.66 and a beta of 3.11.

Canada Goose (NYSE:GOOS) last posted its quarterly earnings data on Wednesday, November 14th. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.16. The business had revenue of $230.30 million for the quarter, compared to analyst estimates of $197.99 million. Canada Goose had a return on equity of 44.05% and a net margin of 15.35%. The company’s revenue was up 33.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 earnings per share. On average, research analysts expect that Canada Goose Holdings Inc will post 0.95 EPS for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. State of New Jersey Common Pension Fund D acquired a new stake in shares of Canada Goose during the 3rd quarter worth about $2,035,000. Janus Henderson Group PLC acquired a new stake in shares of Canada Goose during the 2nd quarter worth about $4,413,000. Bank of Nova Scotia raised its position in shares of Canada Goose by 63.6% during the 2nd quarter. Bank of Nova Scotia now owns 82,977 shares of the company’s stock worth $4,849,000 after acquiring an additional 32,264 shares in the last quarter. Morgan Stanley raised its position in shares of Canada Goose by 151.8% during the 2nd quarter. Morgan Stanley now owns 1,026,313 shares of the company’s stock worth $60,398,000 after acquiring an additional 618,670 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Canada Goose during the 2nd quarter worth about $5,704,000. Institutional investors and hedge funds own 38.12% of the company’s stock.

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About Canada Goose (NYSE:GOOS)

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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