Public Employees Retirement System of Ohio raised its position in Canada Goose Holdings Inc. (NYSE:GOOS – Free Report) by 5.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 16,791 shares of the company’s stock after buying an additional 914 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Canada Goose were worth $187,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of GOOS. Timucuan Asset Management Inc. FL increased its stake in Canada Goose by 10.8% in the 1st quarter. Timucuan Asset Management Inc. FL now owns 1,948,240 shares of the company’s stock valued at $15,489,000 after buying an additional 189,715 shares during the period. Goldman Sachs Group Inc. increased its stake in Canada Goose by 139.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 309,235 shares of the company’s stock valued at $2,458,000 after buying an additional 179,946 shares during the period. Landscape Capital Management L.L.C. increased its stake in Canada Goose by 169.2% in the 1st quarter. Landscape Capital Management L.L.C. now owns 178,921 shares of the company’s stock valued at $1,422,000 after buying an additional 112,450 shares during the period. PDT Partners LLC acquired a new position in Canada Goose in the 1st quarter valued at $647,000. Finally, Trexquant Investment LP acquired a new position in Canada Goose in the 1st quarter valued at $523,000. 83.64% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on GOOS shares. Wall Street Zen cut shares of Canada Goose from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Canada Goose in a research note on Saturday, September 27th. Baird R W raised shares of Canada Goose from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 26th. Robert W. Baird set a $28.00 price target on shares of Canada Goose in a research note on Thursday, August 28th. Finally, Wells Fargo & Company raised shares of Canada Goose from an “equal weight” rating to an “overweight” rating in a research note on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $15.00.
Canada Goose Price Performance
Canada Goose stock opened at $14.29 on Tuesday. Canada Goose Holdings Inc. has a 52 week low of $6.73 and a 52 week high of $15.43. The company has a quick ratio of 0.89, a current ratio of 2.02 and a debt-to-equity ratio of 0.87. The firm’s 50-day simple moving average is $12.86 and its 200 day simple moving average is $11.25. The firm has a market capitalization of $1.39 billion, a PE ratio of 42.03, a P/E/G ratio of 1.09 and a beta of 1.62.
Canada Goose (NYSE:GOOS – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported ($0.66) EPS for the quarter, missing the consensus estimate of ($0.62) by ($0.04). Canada Goose had a return on equity of 19.85% and a net margin of 3.48%.The business had revenue of $77.91 million during the quarter, compared to analysts’ expectations of $68.33 million. During the same quarter in the prior year, the firm earned $0.78 earnings per share. On average, equities research analysts predict that Canada Goose Holdings Inc. will post 0.7 EPS for the current fiscal year.
Canada Goose 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.
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