Zacks Investment Research upgraded shares of Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS) from a hold rating to a buy rating in a research note published on Friday morning. Zacks Investment Research currently has $36.00 target price on the stock.

According to Zacks, “Canada Goose is a global outerwear brand. Canada Goose is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. The Company’s jackets are sold in 36 countries around the world, including in two owned retail stores and four e-commerce stores. “

A number of other analysts also recently issued reports on the company. Robert W. Baird raised Canada Goose Holdings Inc. Subordinate Voting Shares from a neutral rating to an outperform rating and set a $31.00 price objective for the company in a research report on Thursday, February 8th. Canaccord Genuity reissued a buy rating and set a $50.00 price objective (up from $36.00) on shares of Canada Goose Holdings Inc. Subordinate Voting Shares in a research report on Tuesday, February 6th. Barclays raised their price objective on Canada Goose Holdings Inc. Subordinate Voting Shares from $28.00 to $39.00 and gave the stock an average rating in a research report on Monday, February 5th. They noted that the move was a valuation call. ValuEngine raised Canada Goose Holdings Inc. Subordinate Voting Shares from a sell rating to a hold rating in a research report on Friday, December 1st. Finally, Bank of America raised Canada Goose Holdings Inc. Subordinate Voting Shares to a buy rating and set a $39.00 price objective for the company in a research report on Monday, November 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $30.77.

Shares of Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS) opened at $31.74 on Friday. The company has a current ratio of 2.22, a quick ratio of 1.24 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $1,130.00 and a PE ratio of 81.38. Canada Goose Holdings Inc. Subordinate Voting Shares has a 52-week low of $15.20 and a 52-week high of $38.25.

Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE:GOOS) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.10. The firm had revenue of $265.80 million during the quarter, compared to the consensus estimate of $240.68 million. Canada Goose Holdings Inc. Subordinate Voting Shares had a return on equity of 41.96% and a net margin of 12.91%. The firm’s revenue was up 27.1% compared to the same quarter last year. analysts predict that Canada Goose Holdings Inc. Subordinate Voting Shares will post 0.5 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Bank & Trust grew its position in Canada Goose Holdings Inc. Subordinate Voting Shares by 696.2% in the 3rd quarter. First Bank & Trust now owns 5,072 shares of the company’s stock valued at $104,000 after acquiring an additional 4,435 shares in the last quarter. Sei Investments Co. acquired a new position in Canada Goose Holdings Inc. Subordinate Voting Shares in the 3rd quarter valued at about $107,000. Cubist Systematic Strategies LLC acquired a new position in Canada Goose Holdings Inc. Subordinate Voting Shares in the 2nd quarter valued at about $127,000. Nationwide Fund Advisors grew its position in Canada Goose Holdings Inc. Subordinate Voting Shares by 2.7% in the 2nd quarter. Nationwide Fund Advisors now owns 8,090 shares of the company’s stock valued at $160,000 after acquiring an additional 210 shares in the last quarter. Finally, Invictus RG acquired a new position in Canada Goose Holdings Inc. Subordinate Voting Shares in the 3rd quarter valued at about $163,000. 27.16% of the stock is owned by institutional investors.

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Canada Goose Holdings Inc. Subordinate Voting Shares Company Profile

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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