Canada Goose Holdings Inc. (NYSE:GOOS) Receives Consensus Rating of “Reduce” from Analysts

Canada Goose Holdings Inc. (NYSE:GOOS) has been given a consensus rating of “Reduce” by the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $15.1667.

Several equities analysts have recently issued reports on GOOS shares. Evercore lifted their price objective on Canada Goose from $11.00 to $12.00 and gave the company an “in-line” rating in a research note on Friday, November 7th. Wall Street Zen raised shares of Canada Goose from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research cut shares of Canada Goose from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. UBS Group increased their price objective on shares of Canada Goose from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Finally, Barclays cut shares of Canada Goose from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $12.00 to $10.00 in a research report on Friday.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. PenderFund Capital Management Ltd. purchased a new stake in Canada Goose during the third quarter worth approximately $45,000. US Bancorp DE purchased a new position in Canada Goose in the third quarter valued at approximately $83,000. Plato Investment Management Ltd acquired a new stake in Canada Goose during the third quarter worth approximately $88,000. Ameriprise Financial Inc. purchased a new stake in shares of Canada Goose during the 2nd quarter worth approximately $139,000. Finally, Evergreen Capital Management LLC acquired a new position in shares of Canada Goose in the 4th quarter valued at $147,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Canada Goose News Roundup

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

• Positive Sentiment: Broad-based revenue growth and management’s message that recent margin actions were deliberate to drive product relevance and brand momentum — supports a recovery if sales keep accelerating. Q3 Press Release
• Positive Sentiment: Strategic leadership move: appointment of Patrick Bourke as President, North America to focus on retail/wholesale execution and brand momentum in GEO’s largest market. Appointment Release
• Positive Sentiment: Some analysts/commentators view the share-price drop as a buying opportunity given an improved top line and a forward P/E below historical averages — a potential catalyst if margins normalize. SA Buy-the-Dip
• Neutral Sentiment: Company released slide deck and earnings materials (useful for modeling/management guidance). Investors should review the deck and call transcript for FY guidance and margin cadence. Earnings Presentation
• Negative Sentiment: Margins and profit disappointed: multiple outlets report an earnings/margin miss tied to heavier SG&A (marketing) and one‑time wholesale bad‑debt/charges, which triggered an immediate stock selloff and analyst downgrades. Financial Post Investing.com
• Negative Sentiment: Regulatory/legal risk: an investor litigation/investigation notice was filed after the earnings release, adding uncertainty and potential headline risk. GlobeNewswire

Canada Goose Stock Up 5.7%

Canada Goose stock opened at $11.26 on Monday. The firm has a market capitalization of $1.09 billion, a P/E ratio of 86.62 and a beta of 1.78. The company has a current ratio of 2.12, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. Canada Goose has a twelve month low of $6.73 and a twelve month high of $15.43. The stock’s fifty day simple moving average is $12.97 and its 200-day simple moving average is $13.05.

Canada Goose (NYSE:GOOS) last released its earnings results on Thursday, November 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). Canada Goose had a net margin of 1.35% and a return on equity of 13.89%. The company had revenue of $195.63 million during the quarter, compared to analysts’ expectations of $274.05 million. During the same quarter last year, the business posted $0.05 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. As a group, equities analysts expect that Canada Goose will post 0.7 earnings per share for the current fiscal year.

About Canada Goose

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.