Canada Goose Holdings Inc. (NYSE:GOOS) Shares Bought by Smead Capital Management Inc.

Smead Capital Management Inc. increased its stake in Canada Goose Holdings Inc. (NYSE:GOOS) by 2.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 243,404 shares of the company’s stock after acquiring an additional 6,492 shares during the quarter. Smead Capital Management Inc.’s holdings in Canada Goose were worth $2,891,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Shaker Investments LLC OH acquired a new stake in Canada Goose during the 4th quarter worth $236,000. Total Clarity Wealth Management Inc. acquired a new stake in shares of Canada Goose during the 4th quarter worth approximately $198,000. GAM Holding AG purchased a new stake in Canada Goose in the fourth quarter valued at $213,000. Raymond James & Associates raised its holdings in Canada Goose by 8.9% in the 4th quarter. Raymond James & Associates now owns 146,000 shares of the company’s stock valued at $1,730,000 after buying an additional 11,876 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of Canada Goose in the 4th quarter worth approximately $124,000. 83.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Barclays boosted their target price on Canada Goose from $11.00 to $13.00 and gave the company an “equal weight” rating in a research report on Friday, February 2nd. Evercore lifted their target price on Canada Goose from $11.00 to $12.00 and gave the company an “in-line” rating in a research report on Friday, February 2nd. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $13.83.

Canada Goose Stock Down 0.1 %

GOOS stock traded down $0.01 during mid-day trading on Thursday, reaching $11.23. The company had a trading volume of 263,145 shares, compared to its average volume of 1,229,932. The firm has a fifty day simple moving average of $12.43 and a 200 day simple moving average of $12.04. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.87. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 36.29, a price-to-earnings-growth ratio of 1.16 and a beta of 1.48. Canada Goose Holdings Inc. has a fifty-two week low of $9.80 and a fifty-two week high of $22.65.

Canada Goose (NYSE:GOOS) last released its earnings results on Thursday, February 1st. The company reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.06). Canada Goose had a return on equity of 23.30% and a net margin of 3.86%. The firm had revenue of $448.03 million for the quarter, compared to analysts’ expectations of $455.25 million. Analysts forecast that Canada Goose Holdings Inc. will post 0.66 earnings per share for the current fiscal year.

Canada Goose Company Profile

Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.