Canada Goose (GOOS) Updates FY 2019 Earnings Guidance
Canada Goose (NYSE:GOOS) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. The company issued revenue guidance of $584.087K, compared to the consensus revenue estimate of $508.51 million.
NYSE GOOS opened at $58.58 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 3.24 and a debt-to-equity ratio of 0.96. Canada Goose has a one year low of $23.46 and a one year high of $68.75. The company has a market capitalization of $6.23 billion, a PE ratio of 90.12, a price-to-earnings-growth ratio of 2.16 and a beta of 2.21.
A number of brokerages recently issued reports on GOOS. Barclays reiterated a buy rating and issued a $72.00 price target on shares of Canada Goose in a research note on Wednesday, August 8th. Zacks Investment Research downgraded shares of Canada Goose from a buy rating to a hold rating in a research note on Monday, October 15th. Robert W. Baird downgraded shares of Canada Goose from an outperform rating to a neutral rating in a research note on Wednesday, August 1st. Finally, DA Davidson began coverage on shares of Canada Goose in a research note on Tuesday, September 25th. They issued a buy rating and a $68.00 price target for the company. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Canada Goose currently has an average rating of Buy and a consensus price target of $59.11.
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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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