Shares of Canada Goose Holdings Inc (NYSE:GOOS) have been given a consensus rating of “Buy” by the thirteen brokerages that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $62.63.

GOOS has been the topic of a number of analyst reports. Canaccord Genuity lifted their price target on Canada Goose from $48.00 to $58.00 and gave the company a “buy” rating in a research note on Wednesday, June 6th. Zacks Investment Research downgraded Canada Goose from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 7th. Barclays lifted their price target on Canada Goose from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, June 13th. Wells Fargo & Co restated an “outperform” rating on shares of Canada Goose in a research note on Friday, June 15th. Finally, Royal Bank of Canada lifted their price target on Canada Goose to $69.00 and gave the company an “outperform” rating in a research note on Tuesday, June 19th. They noted that the move was a valuation call.

A number of hedge funds have recently modified their holdings of GOOS. First Manhattan Co. acquired a new position in Canada Goose during the second quarter worth $117,000. Barclays PLC raised its holdings in shares of Canada Goose by 469.4% in the first quarter. Barclays PLC now owns 3,986 shares of the company’s stock worth $133,000 after acquiring an additional 3,286 shares during the last quarter. Adviser Investments LLC acquired a new position in shares of Canada Goose in the second quarter worth $168,000. Commerzbank Aktiengesellschaft FI acquired a new position in shares of Canada Goose in the second quarter worth $208,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Canada Goose in the second quarter worth $215,000. 38.59% of the stock is owned by hedge funds and other institutional investors.

Shares of Canada Goose stock traded up $5.65 during trading on Wednesday, reaching $63.64. The company’s stock had a trading volume of 3,936,200 shares, compared to its average volume of 1,116,159. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.24 and a quick ratio of 0.71. Canada Goose has a 12-month low of $19.83 and a 12-month high of $68.75. The company has a market cap of $6.33 billion, a PE ratio of 90.42, a price-to-earnings-growth ratio of 2.55 and a beta of 1.59.

Canada Goose (NYSE:GOOS) last posted its quarterly earnings results on Thursday, August 9th. The company reported ($0.16) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.02. Canada Goose had a return on equity of 41.49% and a net margin of 14.80%. The firm had revenue of $44.70 million for the quarter, compared to the consensus estimate of $35.72 million. During the same period in the previous year, the business earned ($0.13) earnings per share. The company’s revenue for the quarter was up 58.5% compared to the same quarter last year. equities research analysts anticipate that Canada Goose will post 0.87 EPS for the current fiscal year.

Canada Goose Company Profile

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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