Canada Goose (GOOS) to release results on Thursday

0

Canada Goose (NYSE: GOOSGet a rating) will release its quarterly earnings data ahead of market open Thursday, May 19. Analysts expect the company to report earnings of $0.02 per share for the quarter.

Canada Goose (NYSE: GOOSGet a rating) last reported results on Thursday, February 10. The company reported EPS of $1.13 for the quarter, beating analyst consensus estimates of $1.01 by $0.12. Canada Goose had a net margin of 9.74% and a return on equity of 22.73%. The company posted revenue of $586.10 million for the quarter, compared to analysts’ expectations of $586.52 million. In the same quarter last year, the company achieved EPS of $0.78. The company’s revenue increased by 23.6% compared to the same quarter last year. On average, analysts expect Canada Goose to post EPS of $1 for the current fiscal year and EPS of $1 for the next fiscal year.

NYSE: GOOS opened at $19.11 on Friday. The company has a debt ratio of 0.71, a current ratio of 2.36 and a quick ratio of 1.42. The company has a market capitalization of $2.04 billion, a P/E ratio of 24.50, a PEG ratio of 0.43 and a beta of 1.62. Canada Goose has a one-year low of $17.91 and a one-year high of $53.64. The company’s 50-day simple moving average is $23.70 and its 200-day simple moving average is $32.14.

A number of institutional investors and hedge funds have recently changed their positions in the company. Invesco Ltd. bought a new position in Canada Goose during the second quarter worth approximately $241,000. Wells Fargo & Company MN increased its stake in Canada Goose shares by 58.5% in the second quarter. Wells Fargo & Company MN now owns 25,936 shares of the company worth $1,134,000 after purchasing an additional 9,577 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in Canada Goose by 14.8% during the third quarter. BNP Paribas Arbitrage SA now owns 21,353 shares in the company valued at $762,000 after acquiring an additional 2,752 shares in the last quarter. GAM Holding AG increased its position in Canada Goose shares by 29.5% during the 4th quarter. GAM Holding AG now owns 310,068 shares of the company worth $11,491,000 after purchasing an additional 70,700 shares last quarter. Finally, LPL Financial LLC purchased a new position in Canada Goose stock during Q4 worth approximately $212,000. Hedge funds and other institutional investors hold 42.99% of the company’s shares.

A number of brokerage firms have weighed in on GOOS recently. Wells Fargo & Company lowered its target price on Canada Goose shares from C$55.00 to C$45.00 in a Tuesday, April 5 research report. TD Securities raised its target price on Canada Goose shares from C$46.00 to C$49.00 in a Thursday, April 21 research note. Credit Suisse Group lowered its price target on Canada Goose shares from C$60.00 to C$48.00 in a report released on Friday, February 11. OTR Global downgraded shares of Canada Goose from a “mixed” rating to a “negative” rating in a Friday, April 22 research report. Finally, Robert W. Baird cut his price target on Canada Goose shares to C$50.00 in a Friday, February 11 report. One research analyst rated the stock with a sell rating, four issued a hold rating and seven issued a buy rating for the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $43.30.

About the Canada Goose (Get a rating)

Canada Goose Holdings Inc designs, manufactures and sells luxury performance apparel for men, women, youth, children and babies in Canada, the United States, Asia, Europe and internationally. It operates through three segments: Direct-to-Consumer, Wholesale and Other. The company offers parkas, lightweight down jackets, rainwear, windproof clothing, knitwear, footwear and accessories for the fall, winter and spring seasons.

Recommended Stories

Earnings History for Canada Goose (NYSE:GOOS)



Get news and reviews for Canada Goose Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Canada Goose and related companies with MarketBeat.com’s FREE daily email newsletter.

Share.

Comments are closed.