Canada Goose Holdings Inc. (NYSE:GOOS) Given Average Rating of "Reduce" by Analysts

Shares of Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) have received an average rating of "Reduce" from the eight research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $10.60.

A number of analysts have commented on GOOS shares. Barclays decreased their target price on Canada Goose from $11.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Monday, February 10th. The Goldman Sachs Group decreased their price target on Canada Goose from $9.00 to $8.00 and set a "sell" rating on the stock in a research note on Tuesday, December 10th. Finally, Evercore ISI cut their price objective on shares of Canada Goose from $13.00 to $10.00 and set an "in-line" rating on the stock in a report on Monday, February 10th.

Institutional Trading of Canada Goose

A number of institutional investors have recently modified their holdings of GOOS. Alberta Investment Management Corp purchased a new stake in Canada Goose during the fourth quarter worth approximately $748,000. Aviso Financial Inc. lifted its holdings in shares of Canada Goose by 4,136.6% during the 4th quarter. Aviso Financial Inc. now owns 90,028 shares of the company's stock valued at $904,000 after acquiring an additional 87,903 shares in the last quarter. DRW Securities LLC purchased a new stake in Canada Goose during the 3rd quarter worth $730,000. Verition Fund Management LLC acquired a new stake in Canada Goose in the 3rd quarter valued at $708,000. Finally, Pier Capital LLC purchased a new position in Canada Goose in the third quarter valued at about $2,057,000. Hedge funds and other institutional investors own 83.64% of the company's stock.

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Canada Goose Stock Performance

Shares of GOOS stock traded up $0.33 during trading hours on Friday, reaching $8.61. 877,493 shares of the company's stock were exchanged, compared to its average volume of 828,014. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 1.14. The company's 50 day moving average is $10.02 and its two-hundred day moving average is $10.22. The company has a market cap of $833.21 million, a P/E ratio of 16.55, a price-to-earnings-growth ratio of 1.00 and a beta of 1.35. Canada Goose has a 1 year low of $8.25 and a 1 year high of $14.75.

Canada Goose (NYSE:GOOS - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. Equities research analysts anticipate that Canada Goose will post 0.7 EPS for the current fiscal year.

About Canada Goose

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.