Canada Goose (NYSE:GOOS) Price Target Cut to $10.00 by Analysts at Barclays

Canada Goose (NYSE:GOOS - Free Report) had its price target lowered by Barclays from $11.00 to $10.00 in a research report released on Monday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other analysts have also issued reports on the stock. The Goldman Sachs Group dropped their price objective on shares of Canada Goose from $9.00 to $8.00 and set a "sell" rating on the stock in a research note on Tuesday, December 10th. UBS Group cut their price objective on shares of Canada Goose from $13.00 to $12.00 and set a "neutral" rating on the stock in a report on Tuesday, October 22nd. Finally, Wells Fargo & Company downgraded Canada Goose from an "equal weight" rating to an "underweight" rating in a research note on Monday, October 14th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $10.60.

Canada Goose Stock Up 0.8 %

Canada Goose stock traded up $0.08 during trading on Monday, reaching $9.93. 940,201 shares of the company's stock were exchanged, compared to its average volume of 983,804. Canada Goose has a 52-week low of $9.23 and a 52-week high of $14.75. The firm has a market cap of $960.64 million, a price-to-earnings ratio of 19.09, a PEG ratio of 0.60 and a beta of 1.31. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.71 and a current ratio of 1.85. The company's 50-day moving average is $10.19 and its two-hundred day moving average is $10.49.

Canada Goose (NYSE:GOOS - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $1.10 earnings per share for the quarter, hitting the consensus estimate of $1.10. Canada Goose had a return on equity of 24.14% and a net margin of 5.47%. On average, analysts predict that Canada Goose will post 0.75 earnings per share for the current year.

Institutional Investors Weigh In On Canada Goose

A number of institutional investors have recently modified their holdings of GOOS. Pier Capital LLC raised its position in shares of Canada Goose by 118.0% during the 4th quarter. Pier Capital LLC now owns 357,849 shares of the company's stock valued at $3,589,000 after acquiring an additional 193,708 shares in the last quarter. LPL Financial LLC increased its stake in Canada Goose by 21.2% during the fourth quarter. LPL Financial LLC now owns 97,174 shares of the company's stock valued at $975,000 after purchasing an additional 16,983 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Canada Goose during the fourth quarter worth $100,000. Aviso Financial Inc. lifted its position in shares of Canada Goose by 4,136.6% in the 4th quarter. Aviso Financial Inc. now owns 90,028 shares of the company's stock worth $904,000 after buying an additional 87,903 shares during the last quarter. Finally, Scheer Rowlett & Associates Investment Management Ltd. boosted its holdings in shares of Canada Goose by 1.2% in the 4th quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 1,218,326 shares of the company's stock valued at $12,223,000 after buying an additional 14,341 shares during the period. Institutional investors and hedge funds own 83.64% of the company's stock.

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.