Brokerages Set Canada Goose Holdings Inc. (NYSE:GOOS) PT at $15.00

Canada Goose Holdings Inc. (NYSE:GOOS) has been given a consensus recommendation of “Hold” by the ten brokerages that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $15.3333.

Several research firms recently weighed in on GOOS. Robert W. Baird set a $28.00 price target on shares of Canada Goose in a report on Thursday, August 28th. Wells Fargo & Company raised shares of Canada Goose from an “equal weight” rating to an “overweight” rating in a research report on Friday, August 1st. Cowen raised shares of Canada Goose from a “hold” rating to a “buy” rating in a research note on Monday, September 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Canada Goose in a research report on Wednesday, October 8th. Finally, Evercore ISI raised their price objective on shares of Canada Goose from $11.00 to $12.00 and gave the stock an “in-line” rating in a report on Friday.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOOS. MQS Management LLC purchased a new position in shares of Canada Goose in the 1st quarter worth $86,000. Plato Investment Management Ltd bought a new position in Canada Goose in the third quarter valued at about $88,000. Ameriprise Financial Inc. purchased a new position in Canada Goose in the second quarter worth about $139,000. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Canada Goose during the 2nd quarter valued at about $151,000. Finally, Lazard Asset Management LLC bought a new stake in shares of Canada Goose during the 2nd quarter valued at about $158,000. Institutional investors own 83.64% of the company’s stock.

Canada Goose Stock Up 3.2%

Shares of NYSE GOOS opened at $12.60 on Friday. The stock has a market capitalization of $1.22 billion, a P/E ratio of 69.97, a PEG ratio of 1.11 and a beta of 1.64. Canada Goose has a one year low of $6.73 and a one year high of $15.43. The firm’s 50 day simple moving average is $13.67 and its two-hundred day simple moving average is $12.15. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.02 and a quick ratio of 0.89.

Canada Goose (NYSE:GOOS) last released its earnings results on Thursday, November 6th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). The company had revenue of $195.63 million during the quarter, compared to the consensus estimate of $274.05 million. Canada Goose had a net margin of 1.96% and a return on equity of 14.87%. The company’s revenue was up 1.8% on a year-over-year basis. During the same period last year, the firm posted $0.05 EPS. As a group, analysts expect that Canada Goose will post 0.7 EPS 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.