Williams Trading has upgraded Canada Goose (NYSE:GOOS) to “Hold”. –

0

According to a Monday report by The Fly, equity analysts at Williams Trading have revised their recommendation for Canada Goose (NYSE: GOOS) from a “sell” recommendation to a “hold” recommendation in a research note sent to investors. . Several other equity research analysts have also written about the company. On Friday, July 15, UBS Group lowered its price target for Canada Goose. The new price target is $20.00 instead of the previous price target of $24.00. In a research study released Thursday, July 21, Goldman Sachs Group reduced Canada Goose’s price target from $26.00 to $20.00, giving the company a “neutral” rating. The analysis has been published. Finally, in a recent research report, Barclays raised its price target on Canada Goose to $28.00.

A quick ratio of 0.66, a current ratio of 2.42 and a leverage ratio of 1.07 are all values ​​that have been calculated. The company has a price/earnings ratio of 26.52, a price/earnings/growth ratio of 0.41 and its beta value is 1.58. The market capitalization of the company is $1.80 billion. The annual minimum for Canada Goose is $16.65 and the annual maximum is $53.64; the range for the whole year is indicated. The stock’s 200-day moving average price is $20.84, while the 200-day simple moving average is also $20.84. Canada Goose’s latest quarterly earnings report was released on August 11 and is available on the NYSE under the symbol GOOS. The company’s earnings per share for the quarter came in at $0.44, $0.05 higher than the average earnings per share forecast analysts had for the quarter of $0.49. .

Additionally, Canada Goose’s return on equity was 26.71%, while the company had a net margin of 8.13%. The company had revenue of $54.77 million during the period in question. According to projections made by market research analysts, Canada Goose will earn $1.41 per share in revenue in 2018. During the second quarter, Walleye Capital LLC made a new investment in Canada Goose. The amount of this transaction was approximately $234,000. Additionally, Goldman Sachs Group Inc. increased its holdings of Canada Goose shares by 135.6% during the second quarter. After purchasing an additional 1,111,105 shares in the last quarter, Goldman Sachs Group Inc. now owns a total of 1,930,284 shares of the company, which equates to a value of $34,764,000.

Direct to consumer, wholesale and other are the three distinct branches that the company maintains as business activities. Canada Goose Holdings Inc. is a Canadian company that “designs, manufactures and distributes high-end, high-performance apparel for men, women, youth, children and infants in Canada, the United States of America, Asia-Pacific, in Europe, the Middle East and Africa, as well as in Latin America.

Share.

Comments are closed.