Canada Goose (GOOS) Stock Price, News & Analysis

Company Overview

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. It offers parkas, lightweight down jackets, rainwear, windwear, apparel, fleece, footwear, and accessories for fall, winter, and spring seasons. The company operates through national e-commerce markets and directly operated retail stores. Canada Goose Holdings Inc. was founded in 1957 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $10.58 to $10.86
• 50-Day Range: $10.15 to $13.12
• 52-Week Range: $9.80 to $15.50
• Volume: 672,805 shs
• Average Volume: 935,054 shs
• Market Capitalization: $1.03 billion
• P/E Ratio: 28.86
• Dividend Yield: N/A
• Price Target: $14.07
• Consensus Rating: Hold

Canada Goose Stock Analysis - MarketRank™

Canada Goose scored higher than 66% of companies evaluated by MarketBeat, and ranked 114th out of 205 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Canada Goose has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Canada Goose has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 15.66%

Earnings Growth

Earnings for Canada Goose are expected to grow by 15.66% in the coming year, from $0.83 to $0.96 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Canada Goose is 28.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canada Goose is 28.62, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.11.

Price to Earnings Growth Ratio

Canada Goose has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Canada Goose has a P/B Ratio of 3.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

22.89% of the float of Canada Goose has been sold short.

Short Interest Ratio / Days to Cover

Canada Goose has a short interest ratio ("days to cover") of 18.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Canada Goose has recently decreased by 0.09%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Canada Goose does not currently pay a dividend.

Dividend Growth

Canada Goose does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

22.89% of the float of Canada Goose has been sold short.

Short Interest Ratio / Days to Cover

Canada Goose has a short interest ratio ("days to cover") of 18.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Canada Goose has recently decreased by 0.09%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: -0.30

News Sentiment

Canada Goose has a news sentiment score of -0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Canada Goose this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for GOOS on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canada Goose insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.47% of the stock of Canada Goose is held by insiders.

Percentage Held by Institutions

83.64% of the stock of Canada Goose is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GOOS Stock Analysis - Frequently Asked Questions

How have GOOS shares performed this year?

Canada Goose's stock was trading at $11.85 at the start of the year. Since then, GOOS stock has decreased by 10.6% and is now trading at $10.59.
View the best growth stocks for 2024 here.

How were Canada Goose's earnings last quarter?

Canada Goose Holdings Inc. (NYSE:GOOS) issued its quarterly earnings results on Thursday, August, 1st. The company reported ($0.58) EPS for the quarter, beating analysts' consensus estimates of ($0.60) by $0.02. The firm had revenue of $64.39 million for the quarter, compared to the consensus estimate of $63.47 million. Canada Goose had a net margin of 4.66% and a trailing twelve-month return on equity of 25.63%.

When did Canada Goose IPO?

Canada Goose (GOOS) raised $81 million in an initial public offering (IPO) on Thursday, March 16th 2017. The company issued 7,200,000 shares at a price of $10.50-$12.00 per share. CIBC Capital Markets, Credit Suisse, Goldman, Sachs and RBC Capital Markets acted as the underwriters for the IPO and BofA Merrill Lynch, Morgan Stanley, Barclays, BMO, TD, Wells Fargo Securities, Baird and Canaccord Genuity Nomura were co-managers.

Who are Canada Goose's major shareholders?

Canada Goose's top institutional investors include The Manufacturers Life Insurance Company (4.03%), Massachusetts Financial Services Co. MA (2.99%), Marshall Wace LLP (1.13%) and Pinnacle Associates Ltd. (0.62%).

How do I buy shares of Canada Goose?

Shares of GOOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Canada Goose own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canada Goose investors own include Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD) and Roku (ROKU).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Apparel, finished products from fabrics & similar materials
• Sub-Industry: Apparel
• Current Symbol: NYSE:GOOS
• CUSIP: N/A
• CIK: 1690511
• Web: www.canadagoose.com
• Phone: (416) 780-9850
• Fax: N/A
• Employees: 4,462
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.07
• High Stock Price Target: $20.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +31.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.37
• Trailing P/E Ratio: 29.00
• Forward P/E Ratio: 12.93
• P/E Growth: 0.57
• Net Income: $43.26 million
• Net Margins: 4.66%
• Pretax Margin: 6.87%
• Return on Equity: 25.63%
• Return on Assets: 6.43%

Debt

• Debt-to-Equity Ratio: 1.25
• Current Ratio: 2.14
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $1.34 billion
• Price / Sales: 0.77
• Cash Flow: $1.81 per share
• Price / Cash Flow: 5.94
• Book Value: $3.24 per share
• Price / Book: 3.31

Miscellaneous

• Outstanding Shares: 96,548,000
• Free Float: 96,094,000
• Market Cap: $1.04 billion
• Optionable: Optionable
• Beta: 1.32