Brokerages Set Canada Goose Holdings Inc. (NYSE:GOOS) PT at $14.42

Canada Goose Holdings Inc. (NYSE:GOOS - Get Free Report) has earned a consensus recommendation of "Hold" from the seven research firms that are covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $14.42.

A number of equities analysts recently issued reports on GOOS shares. Evercore raised their price target on Canada Goose from $12.00 to $13.00 and gave the stock an "in-line" rating in a report on Friday, May 17th. Evercore ISI lifted their target price on Canada Goose from $12.00 to $13.00 and gave the company an "in-line" rating in a research note on Friday, May 17th. Finally, The Goldman Sachs Group upped their price target on Canada Goose from $11.00 to $12.50 and gave the stock a "neutral" rating in a research note on Friday, May 17th.

Institutional Investors Weigh In On Canada Goose

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC purchased a new position in Canada Goose in the 4th quarter valued at approximately $124,000. Total Clarity Wealth Management Inc. purchased a new stake in shares of Canada Goose in the 4th quarter worth about $198,000. Claro Advisors LLC acquired a new stake in Canada Goose in the 1st quarter valued at about $210,000. GAM Holding AG purchased a new position in Canada Goose during the 4th quarter valued at about $213,000. Finally, Shaker Investments LLC OH acquired a new position in Canada Goose during the fourth quarter worth about $236,000. Institutional investors and hedge funds own 83.64% of the company's stock.

Canada Goose Stock Performance

Shares of NYSE GOOS traded up $0.15 during trading hours on Wednesday, reaching $13.55. The stock had a trading volume of 466,402 shares, compared to its average volume of 767,853. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 36.62, a PEG ratio of 2.41 and a beta of 1.40. Canada Goose has a fifty-two week low of $9.80 and a fifty-two week high of $18.63. The firm has a 50-day moving average of $12.49 and a 200-day moving average of $12.34. The company has a current ratio of 2.39, a quick ratio of 0.95 and a debt-to-equity ratio of 0.92.

Canada Goose (NYSE:GOOS - Get Free Report) last announced its earnings results on Thursday, May 16th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.07. The business had revenue of $265.56 million for the quarter, compared to analysts' expectations of $232.36 million. Canada Goose had a net margin of 4.28% and a return on equity of 25.44%. Equities research analysts predict that Canada Goose will post 0.83 earnings per share for the current 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.