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: $9.23 to $9.43
• 50-Day Range: $9.32 to $12.68
• 52-Week Range: $9.23 to $14.75
• Volume: 272,261 shs
• Average Volume: 923,519 shs
• Market Capitalization: $907.89 million
• P/E Ratio: 25.35
• Dividend Yield: N/A
• Price Target: $11.80
• Consensus Rating: Reduce

Canada Goose Stock Analysis - MarketRank™

Canada Goose scored higher than 71% of companies evaluated by MarketBeat, and ranked 123rd out of 215 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: 2.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Canada Goose has received a consensus rating of Reduce. The company's average rating score is 1.88, and is based on 1 buy rating, 5 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Canada Goose has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 21.33%

Earnings Growth

Earnings for Canada Goose are expected to grow by 21.33% in the coming year, from $0.75 to $0.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Canada Goose is 24.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canada Goose is 24.97, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 99.58.

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 3.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.47% 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 12, which indicates bearish sentiment.

Change versus previous month

Short interest in Canada Goose has recently increased by 2.10%, indicating that investor sentiment is decreasing.

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

18.47% 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 12, which indicates bearish sentiment.

Change versus previous month

Short interest in Canada Goose has recently increased by 2.10%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.68

News Sentiment

Canada Goose has a news sentiment score of 0.68. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Canada Goose this week, compared to 4 articles on an average week.

Search Interest

7 people have searched for GOOS on MarketBeat in the last 30 days. This is an increase of 75% 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 beginning of 2024. Since then, GOOS shares have decreased by 22.0% and is now trading at $9.24.
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 Friday, November, 5th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.18. Canada Goose's quarterly revenue was up 19.6% compared to the same quarter last year.

When did Canada Goose IPO?

Canada Goose (GOOS) raised $81 million in an initial public offering on Thursday, March 16th 2017. The company issued 7,200,000 shares at $10.50-$12.00 per share. CIBC Capital Markets, Credit Suisse, Goldman, Sachs and RBC Capital Markets served 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 (5.74%), Massachusetts Financial Services Co. MA (2.92%), Scheer Rowlett & Associates Investment Management Ltd. (1.24%) 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 Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), AUO (AUOTY), The RMR Group (RMR) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/05/2021
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/31/2024
• 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: $11.80
• High Stock Price Target: $13.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +26.5%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.37
• Trailing P/E Ratio: 25.20
• Forward P/E Ratio: 12.43
• P/E Growth: 0.57
• Net Income: $43.26 million
• Net Margins: 4.83%
• Pretax Margin: 7.31%
• Return on Equity: 22.60%
• Return on Assets: 5.74%

Debt

• Debt-to-Equity Ratio: 1.21
• Current Ratio: 1.85
• Quick Ratio: 0.71

Sales & Book Value

• Annual Sales: $988.71 million
• Price / Sales: 0.91
• Cash Flow: $1.72 per share
• Price / Cash Flow: 5.42
• Book Value: $3.24 per share
• Price / Book: 2.88

Miscellaneous

• Outstanding Shares: 96,790,000
• Free Float: 96,340,000
• Market Cap: $902.57 million
• Optionable: Optionable
• Beta: 1.35