Wells Fargo & Company Has Lowered Expectations for Canada Goose (TSE:GOOS) Stock Price

Canada Goose (TSE:GOOS) had its price objective reduced by stock analysts at Wells Fargo & Company from C$22.00 to C$19.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 23.46% from the company’s previous close.

Canada Goose Price Performance

Shares of TSE:GOOS opened at C$15.39 on Friday. The company has a market capitalization of C$1.49 billion, a PE ratio of 59.19, a price-to-earnings-growth ratio of 0.61 and a beta of 2.10. The company has a debt-to-equity ratio of 168.00, a quick ratio of 0.69 and a current ratio of 2.01. The stock has a fifty day moving average of C$17.86 and a 200-day moving average of C$18.10. Canada Goose has a one year low of C$9.54 and a one year high of C$21.28.

Canada Goose (TSE:GOOS) last announced its earnings results on Thursday, November 6th. The company reported C($0.14) earnings per share (EPS) for the quarter. Canada Goose had a return on equity of 18.01% and a net margin of 5.49%.The company had revenue of C$272.60 million for the quarter. As a group, equities analysts anticipate that Canada Goose will post 1.6222664 EPS for the current fiscal year.

Key Headlines Impacting Canada Goose

Here are the key news stories impacting Canada Goose this week:

• Positive Sentiment: Canada Goose named Patrick Bourke as President, North America — investors often view experienced, region-focused hires as a catalyst for execution and revenue growth in a key market. Article Title
• Positive Sentiment: Wells Fargo kept an “overweight” rating on GOOS and still sees significant upside despite trimming its price target from C$22 to C$19 — the maintained buy view gives investors an analyst-backed reason to buy the dip. Article Title
• Neutral Sentiment: Earnings previews and analyst coverage are active ahead of/after the quarter, keeping GOOS in focus; previews highlight the same revenue strength but margin risk that appeared in reported results. Article Title
• Negative Sentiment: Q3 showed revenue growth (reported ~14% higher) but profit fell year-over-year and the company missed profit expectations, citing higher marketing and cost pressure — the results raised margin concerns. Article Title
• Negative Sentiment: Market reaction to the profit miss and increased marketing spend pressured the stock (shares slid in earlier trading), highlighting investor sensitivity to margin dynamics even as top-line diversification proceeds. Article Title

Canada Goose Company Profile

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.