Canada Goose Holdings Inc. (GOOS) Earns “Outperform” Rating from Wells Fargo & Company
Several other equities research analysts also recently commented on GOOS. Zacks Investment Research raised Canada Goose Holdings from a hold rating to a buy rating and set a $21.00 target price for the company in a report on Tuesday, September 26th. BidaskClub raised Canada Goose Holdings from a sell rating to a hold rating in a report on Thursday, September 7th. Canaccord Genuity reaffirmed a buy rating and set a $34.00 target price on shares of Canada Goose Holdings in a report on Wednesday, September 6th. Barclays PLC reaffirmed an overweight rating and set a $31.00 target price (up from $30.00) on shares of Canada Goose Holdings in a report on Monday, August 14th. Finally, Instinet reissued a neutral rating and issued a $26.00 price objective on shares of Canada Goose Holdings in a research note on Monday, August 14th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of C$26.82.
Canada Goose Holdings (GOOS) traded up 2.5182% on Tuesday, hitting $21.0675. The stock had a trading volume of 670,123 shares. The stock has a 50-day moving average of $19.06 and a 200-day moving average of $18.51. The company has a market cap of $2.25 billion and a PE ratio of 112.0612. Canada Goose Holdings has a one year low of $15.20 and a one year high of $24.32.
Canada Goose Holdings (NYSE:GOOS) last announced its earnings results on Thursday, August 10th. The company reported C($0.10) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.15) by C$0.05. The firm had revenue of C$28.20 million for the quarter, compared to the consensus estimate of C$16.50 million. The firm’s quarterly revenue was up 79.6% compared to the same quarter last year. Equities analysts expect that Canada Goose Holdings will post $0.43 earnings per share for the current fiscal year.
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Several institutional investors and hedge funds have recently bought and sold shares of GOOS. Cubist Systematic Strategies LLC purchased a new stake in shares of Canada Goose Holdings during the 2nd quarter worth about $127,000. Forward Management LLC purchased a new stake in shares of Canada Goose Holdings during the 2nd quarter worth about $134,000. Nationwide Fund Advisors raised its stake in shares of Canada Goose Holdings by 2.7% during the 2nd quarter. Nationwide Fund Advisors now owns 8,090 shares of the company’s stock worth $160,000 after purchasing an additional 210 shares in the last quarter. Bayesian Capital Management LP purchased a new stake in shares of Canada Goose Holdings during the 2nd quarter worth about $226,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Canada Goose Holdings during the 2nd quarter worth about $235,000. 26.23% of the stock is owned by institutional investors.
Canada Goose Holdings Company Profile
Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. 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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