Analysts Set Canada Goose Holdings Inc. (NYSE:GOOS) Price Target at $10.20

Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) has earned a consensus rating of "Reduce" from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $10.20.

GOOS has been the subject of a number of research reports. Barclays reiterated an "underweight" rating and issued a $8.00 price objective (down previously from $10.00) on shares of Canada Goose in a report on Monday, March 31st. Evercore ISI dropped their price target on shares of Canada Goose from $13.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th.

Hedge Funds Weigh In On Canada Goose

A number of hedge funds have recently bought and sold shares of GOOS. Arrowstreet Capital Limited Partnership acquired a new stake in Canada Goose during the 4th quarter worth about $12,251,000. Alberta Investment Management Corp bought a new stake in shares of Canada Goose during the 4th quarter valued at about $748,000. Raymond James Financial Inc. acquired a new stake in Canada Goose during the fourth quarter worth approximately $3,769,000. Pier Capital LLC increased its holdings in Canada Goose by 118.0% in the fourth quarter. Pier Capital LLC now owns 357,849 shares of the company's stock worth $3,589,000 after purchasing an additional 193,708 shares in the last quarter. Finally, Aviso Financial Inc. increased its holdings in Canada Goose by 4,136.6% in the fourth quarter. Aviso Financial Inc. now owns 90,028 shares of the company's stock worth $904,000 after purchasing an additional 87,903 shares in the last quarter. Institutional investors own 83.64% of the company's stock.

Canada Goose Price Performance

Shares of NYSE GOOS traded up $0.22 during midday trading on Tuesday, reaching $8.00. 634,907 shares of the company were exchanged, compared to its average volume of 845,597. The stock's 50-day moving average price is $8.92 and its 200-day moving average price is $9.79. The stock has a market cap of $774.64 million, a P/E ratio of 15.39, a PEG ratio of 1.00 and a beta of 1.32. The company has a quick ratio of 1.14, a current ratio of 2.01 and a debt-to-equity ratio of 0.81. Canada Goose has a one year low of $6.73 and a one year high of $14.75.

Canada Goose (NYSE:GOOS - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.10 earnings per share for the quarter, hitting analysts' consensus estimates of $1.10. Canada Goose had a return on equity of 22.49% and a net margin of 5.47%. On average, sell-side analysts anticipate that Canada Goose will post 0.7 earnings per share 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.