Several other analysts also recently issued reports on GOOS. Barclays began coverage on Canada Goose in a research report on Monday, November 25th. They issued an “overweight” rating and a $47.00 price objective on the stock. Credit Suisse Group restated an “outperform” rating and issued a $62.00 price objective (down from $72.00) on shares of Canada Goose in a research report on Thursday, November 14th. Zacks Investment Research downgraded Canada Goose from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th. Finally, DA Davidson reduced their price objective on Canada Goose from $42.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $50.63.
Shares of NYSE:GOOS opened at $38.62 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 2.89 and a debt-to-equity ratio of 1.32. Canada Goose has a 52-week low of $31.67 and a 52-week high of $70.26. The stock’s fifty day simple moving average is $38.81 and its 200-day simple moving average is $40.31. The company has a market capitalization of $4.18 billion, a P/E ratio of 37.86, a P/E/G ratio of 1.37 and a beta of 3.01.
A number of institutional investors have recently added to or reduced their stakes in GOOS. Steward Partners Investment Advisory LLC acquired a new position in Canada Goose in the second quarter valued at $52,000. Tower Research Capital LLC TRC increased its stake in Canada Goose by 108.8% in the third quarter. Tower Research Capital LLC TRC now owns 2,345 shares of the company’s stock valued at $104,000 after purchasing an additional 1,222 shares during the last quarter. Pathstone Family Office LLC acquired a new position in Canada Goose in the second quarter valued at $112,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Canada Goose in the second quarter valued at $116,000. Finally, Advisor Group Inc. increased its stake in Canada Goose by 10.2% in the second quarter. Advisor Group Inc. now owns 3,759 shares of the company’s stock valued at $146,000 after purchasing an additional 347 shares during the last quarter. Hedge funds and other institutional investors own 56.84% of the company’s stock.
About Canada Goose
Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.
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