Brokerages predict that Canada Goose Holdings Inc (NYSE:GOOS) will post earnings of $0.35 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Canada Goose’s earnings, with the highest EPS estimate coming in at $0.38 and the lowest estimate coming in at $0.31. Canada Goose also posted earnings per share of $0.35 during the same quarter last year. The business is expected to issue its next earnings report on Wednesday, November 13th.

On average, analysts expect that Canada Goose will report full-year earnings of $1.26 per share for the current year, with EPS estimates ranging from $1.23 to $1.31. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.56 per share, with EPS estimates ranging from $1.47 to $1.61. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow Canada Goose.

Canada Goose (NYSE:GOOS) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.16) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.01. Canada Goose had a net margin of 15.60% and a return on equity of 41.47%. The company had revenue of $71.10 million during the quarter, compared to analyst estimates of $54.38 million. During the same quarter last year, the business posted ($0.16) EPS. The firm’s revenue for the quarter was up 59.1% on a year-over-year basis.

Several equities research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Canada Goose from a “buy” rating to a “hold” rating in a report on Monday. DA Davidson boosted their price target on shares of Canada Goose from $42.00 to $48.00 and gave the company a “buy” rating in a report on Thursday, August 15th. Bank of America lowered shares of Canada Goose from a “buy” rating to a “neutral” rating and set a $33.50 price target for the company. in a report on Thursday, May 30th. Credit Suisse Group reduced their price target on shares of Canada Goose from $76.00 to $72.00 and set an “outperform” rating for the company in a report on Thursday, August 15th. Finally, Goldman Sachs Group upgraded shares of Canada Goose from a “neutral” rating to a “buy” rating and reduced their price target for the company from $65.00 to $47.00 in a report on Friday, May 31st. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $64.48.

Shares of NYSE:GOOS traded up $0.85 during trading hours on Wednesday, hitting $39.79. The company’s stock had a trading volume of 757,700 shares, compared to its average volume of 1,971,135. Canada Goose has a 52 week low of $31.67 and a 52 week high of $72.27. The company has a debt-to-equity ratio of 1.47, a current ratio of 3.38 and a quick ratio of 0.76. The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 39.01, a P/E/G ratio of 1.05 and a beta of 3.03. The firm’s fifty day moving average price is $42.74 and its 200 day moving average price is $46.55.

Institutional investors have recently modified their holdings of the company. Legal & General Group Plc grew its position in shares of Canada Goose by 66.4% in the 4th quarter. Legal & General Group Plc now owns 43,613 shares of the company’s stock worth $1,905,000 after buying an additional 17,398 shares during the last quarter. Pier Capital LLC purchased a new stake in Canada Goose during the 1st quarter worth approximately $5,969,000. Oppenheimer & Co. Inc. grew its position in Canada Goose by 12.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 30,930 shares of the company’s stock worth $1,485,000 after purchasing an additional 3,505 shares during the last quarter. Norges Bank purchased a new stake in Canada Goose during the 4th quarter worth approximately $9,271,000. Finally, Shepherd Financial Partners LLC grew its position in Canada Goose by 32.7% during the 1st quarter. Shepherd Financial Partners LLC now owns 8,403 shares of the company’s stock worth $404,000 after purchasing an additional 2,072 shares during the last quarter. 52.24% of the stock is currently owned by hedge funds and other institutional investors.

Canada Goose Company Profile

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. 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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Earnings History and Estimates for Canada Goose (NYSE:GOOS)

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