Raymond James Financial Inc. acquired a new stake in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 375,810 shares of the company's stock, valued at approximately $3,769,000. Raymond James Financial Inc. owned approximately 0.39% of Canada Goose as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Alberta Investment Management Corp purchased a new position in shares of Canada Goose in the 4th quarter valued at about $748,000. DRW Securities LLC acquired a new stake in Canada Goose in the third quarter valued at approximately $730,000. Verition Fund Management LLC purchased a new stake in shares of Canada Goose in the third quarter valued at approximately $708,000. Pier Capital LLC acquired a new position in shares of Canada Goose during the 3rd quarter worth approximately $2,057,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Canada Goose by 193.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company's stock valued at $40,000 after buying an additional 2,087 shares in the last quarter. Institutional investors and hedge funds own 83.64% of the company's stock.
Canada Goose Price Performance
Shares of NYSE:GOOS traded down $0.16 during midday trading on Friday, hitting $8.23. The company's stock had a trading volume of 849,818 shares, compared to its average volume of 821,023. Canada Goose Holdings Inc. has a 12-month low of $8.16 and a 12-month high of $14.75. The company has a market cap of $796.91 million, a P/E ratio of 15.83, a price-to-earnings-growth ratio of 1.00 and a beta of 1.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.01. The business's 50 day simple moving average is $9.86 and its 200 day simple moving average is $10.15.
Canada Goose (NYSE:GOOS - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.10 earnings per share (EPS) for the quarter, meeting 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, analysts forecast that Canada Goose Holdings Inc. will post 0.7 EPS for the current year.
Analyst Ratings Changes
GOOS has been the subject of several recent analyst reports. The Goldman Sachs Group cut their price target 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. Barclays cut their target price on shares of Canada Goose from $11.00 to $10.00 and set an "equal weight" rating for the company in a research note on Monday, February 10th. Finally, Evercore ISI decreased their price target on shares of Canada Goose from $13.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $10.60.
Check Out Our Latest Research Report on GOOS
Canada Goose Company Profile
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Free Report)
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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