Shares of Canada Goose Holdings Inc (NYSE:GOOS) have been given a consensus recommendation of “Buy” by the sixteen brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $37.75.

Several research analysts recently issued reports on GOOS shares. Cowen reduced their price target on shares of Canada Goose from $29.00 to $28.00 and set a “market perform” rating on the stock in a research report on Thursday, June 4th. Susquehanna Bancshares reiterated a “buy” rating and set a $42.00 price target (up previously from $35.00) on shares of Canada Goose in a research report on Wednesday, June 3rd. Zacks Investment Research upgraded shares of Canada Goose from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 16th. DA Davidson upgraded shares of Canada Goose from a “neutral” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Wednesday, April 15th. Finally, BTIG Research initiated coverage on shares of Canada Goose in a research report on Tuesday, April 28th. They set a “buy” rating and a $41.00 target price on the stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pinpoint Asset Management Ltd acquired a new stake in shares of Canada Goose during the first quarter worth $215,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Canada Goose by 46.2% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 115,422 shares of the company’s stock worth $4,179,000 after acquiring an additional 36,494 shares during the period. Swiss National Bank lifted its stake in shares of Canada Goose by 2.6% in the first quarter. Swiss National Bank now owns 114,900 shares of the company’s stock worth $2,257,000 after acquiring an additional 2,900 shares during the period. Timucuan Asset Management Inc. FL acquired a new position in Canada Goose in the first quarter valued at approximately $7,803,000. Finally, 1832 Asset Management L.P. lifted its stake in Canada Goose by 1,928.8% in the first quarter. 1832 Asset Management L.P. now owns 30,432 shares of the company’s stock valued at $621,000 after buying an additional 28,932 shares during the period. 48.48% of the stock is owned by institutional investors and hedge funds.

NYSE GOOS traded up $0.04 on Tuesday, hitting $23.09. 433,024 shares of the company were exchanged, compared to its average volume of 1,178,898. The firm has a 50 day moving average of $22.52 and a two-hundred day moving average of $26.21. The company has a market cap of $2.54 billion, a P/E ratio of 22.20, a P/E/G ratio of 2.71 and a beta of 2.27. The company has a current ratio of 2.60, a quick ratio of 0.56 and a debt-to-equity ratio of 0.67. Canada Goose has a 1-year low of $12.94 and a 1-year high of $47.92.

Canada Goose (NYSE:GOOS) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported ($0.09) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.09). The business had revenue of $140.90 million for the quarter, compared to the consensus estimate of $130.37 million. Canada Goose had a net margin of 15.92% and a return on equity of 33.72%. The firm’s quarterly revenue was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.09 EPS. Research analysts anticipate that Canada Goose will post 0.61 EPS for the current fiscal year.

About Canada Goose

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.

Read More: How is the Producer Price Index calculated?

Analyst Recommendations for Canada Goose (NYSE:GOOS)

Receive News & Ratings for Canada Goose Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Goose and related companies with MarketBeat.com's FREE daily email newsletter.