Canada Goose (NYSE:GOOS) Stock Rating Lowered by Robert W. Baird

Robert W. Baird downgraded shares of Canada Goose (NYSE:GOOS – Get Rating) from an outperform rating to a neutral rating in a report issued on Tuesday, The Fly reports.

Several other brokerages have also recently issued reports on GOOS. The Goldman Sachs Group dropped their target price on shares of Canada Goose from $22.00 to $19.00 and set a neutral rating on the stock in a report on Friday, November 4th. OTR Global upgraded shares of Canada Goose from a negative rating to a mixed rating in a report on Friday, October 21st. Finally, TD Securities lowered their price target on shares of Canada Goose from C$54.00 to C$49.00 in a report on Wednesday, October 26th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Canada Goose has a consensus rating of Moderate Buy and a consensus target price of $32.10.

Canada Goose Trading Down 1.5 %

GOOS stock opened at $21.50 on Tuesday. The company has a market capitalization of $2.26 billion, a PE ratio of 35.25, a P/E/G ratio of 0.52 and a beta of 1.52. Canada Goose has a 12 month low of $14.51 and a 12 month high of $34.45. The firm’s 50-day moving average is $18.95 and its 200 day moving average is $18.42. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.22 and a quick ratio of 0.85.

Canada Goose (NYSE:GOOS – Get Rating) last issued its earnings results on Wednesday, November 2nd. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.13. Canada Goose had a net margin of 7.37% and a return on equity of 29.25%. The company had revenue of $212.51 million for the quarter. On average, research analysts anticipate that Canada Goose will post 1.17 EPS for the current year.

Institutional Trading of Canada Goose

Institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Canada Goose by 77.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,792 shares of the company’s stock worth $50,000 after purchasing an additional 1,217 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in Canada Goose in the 2nd quarter worth approximately $58,000. Kistler Tiffany Companies LLC boosted its stake in Canada Goose by 63.3% in the 2nd quarter. Kistler Tiffany Companies LLC now owns 8,429 shares of the company’s stock worth $152,000 after purchasing an additional 3,267 shares in the last quarter. Commons Capital LLC acquired a new stake in Canada Goose in the 2nd quarter worth approximately $181,000. Finally, Balyasny Asset Management LLC acquired a new stake in Canada Goose in the 3rd quarter worth approximately $183,000. 42.79% of the stock is currently owned by institutional investors and hedge funds.

About Canada Goose

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Canada Goose Holdings, Inc engages in the design, manufacture, distribution, and retail of outerwear for men, women, and children. It operates through the following segments: Direct-to-Consumer, Wholesale, and Other. The Direct-to-Consumer segment comprises of sales through country-specific e-Commerce platforms and its company-owned retail stores located in luxury shopping locations.