Shares of Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) saw strong trading volume on Thursday . 170,078 shares changed hands during trading, a decline of 66% from the previous session's volume of 493,558 shares.The stock last traded at $10.07 and had previously closed at $10.12.
Wall Street Analysts Forecast Growth
GOOS has been the subject of several recent analyst reports. The Goldman Sachs Group dropped their price objective on shares of Canada Goose from $9.00 to $8.00 and set a "sell" rating for the company in a report on Tuesday, December 10th. Wells Fargo & Company downgraded Canada Goose from an "equal weight" rating to an "underweight" rating in a research report on Monday, October 14th. Finally, UBS Group decreased their target price on Canada Goose from $13.00 to $12.00 and set a "neutral" rating on the stock in a report on Tuesday, October 22nd. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $11.60.
Check Out Our Latest Analysis on GOOS
Canada Goose Stock Down 0.8 %
The firm has a 50 day moving average price of $9.82 and a 200-day moving average price of $10.73. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.85 and a quick ratio of 0.71. The firm has a market cap of $987.84 million, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 0.61 and a beta of 1.32.
Institutional Investors Weigh In On Canada Goose
Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James & Associates grew its holdings in Canada Goose by 55.1% during the 3rd quarter. Raymond James & Associates now owns 333,064 shares of the company's stock worth $4,173,000 after acquiring an additional 118,291 shares during the period. Marshall Wace LLP boosted its position in shares of Canada Goose by 8.1% in the 2nd quarter. Marshall Wace LLP now owns 1,087,414 shares of the company's stock worth $14,060,000 after purchasing an additional 81,090 shares during the last quarter. DRW Securities LLC acquired a new stake in shares of Canada Goose during the third quarter worth $730,000. Verition Fund Management LLC bought a new stake in Canada Goose in the third quarter valued at about $708,000. Finally, Pier Capital LLC acquired a new position in Canada Goose in the third quarter valued at about $2,057,000. 83.64% of the stock is owned by institutional investors.
About Canada Goose
(
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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.
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