Canada Goose (TSE:GOOS) Reaches New 52-Week Low – Here’s What Happened

Canada Goose Holdings Inc. (TSE:GOOSGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$11.73 and last traded at C$11.77, with a volume of 286756 shares changing hands. The stock had previously closed at C$12.13.

Analysts Set New Price Targets

Separately, Bank of America set a C$15.00 target price on Canada Goose and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Canada Goose presently has an average rating of “Buy” and a consensus target price of C$19.67.

View Our Latest Report on GOOS

Canada Goose Price Performance

The business’s 50-day moving average price is C$13.12 and its 200 day moving average price is C$14.52. The company has a quick ratio of 0.69, a current ratio of 2.33 and a debt-to-equity ratio of 158.47. The company has a market capitalization of C$1.18 billion, a P/E ratio of 20.47, a price-to-earnings-growth ratio of 0.61 and a beta of 1.71.

Canada Goose (TSE:GOOSGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported C($0.89) EPS for the quarter. The firm had revenue of C$118.90 million for the quarter. Canada Goose had a net margin of 3.70% and a return on equity of 10.37%. Analysts anticipate that Canada Goose Holdings Inc. will post 1.6222664 EPS for the current fiscal year.

Canada Goose Company Profile

(Get Free Report)

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.

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