Canada Goose (NYSE:GOOS) had its target price hoisted by DA Davidson to $74.00 in a research note published on Friday, The Fly reports. They currently have a buy rating on the stock. DA Davidson also issued estimates for Canada Goose’s Q4 2019 earnings at $0.13 EPS, FY2019 earnings at $1.04 EPS, Q1 2020 earnings at ($0.14) EPS, Q2 2020 earnings at $0.38 EPS and Q4 2020 earnings at $0.20 EPS.

Other analysts have also recently issued reports about the stock. Canaccord Genuity set a $102.00 target price on shares of Canada Goose and gave the company a buy rating in a report on Thursday, November 15th. Credit Suisse Group upped their target price on shares of Canada Goose from $88.00 to $100.00 and gave the company an outperform rating in a report on Thursday, November 15th. Royal Bank of Canada upped their target price on shares of Canada Goose from $80.00 to $100.00 and gave the company an outperform rating in a report on Wednesday, November 14th. Barclays upped their target price on shares of Canada Goose from $72.00 to $77.00 and gave the company an overweight rating in a report on Thursday, November 15th. Finally, Robert W. Baird cut shares of Canada Goose from an outperform rating to a neutral rating in a report on Wednesday, August 1st. Two investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $74.70.

GOOS opened at $67.13 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.91 and a quick ratio of 1.73. Canada Goose has a twelve month low of $26.05 and a twelve month high of $72.27. The company has a market cap of $7.64 billion, a PE ratio of 103.28, a P/E/G ratio of 2.23 and a beta of 2.21.

Canada Goose (NYSE:GOOS) last released its quarterly earnings data on Wednesday, November 14th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.16. Canada Goose had a net margin of 15.35% and a return on equity of 44.05%. The firm had revenue of $230.30 million during the quarter, compared to analysts’ expectations of $197.99 million. During the same period in the previous year, the company earned $0.29 earnings per share. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. As a group, research analysts predict that Canada Goose will post 1.01 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in GOOS. First Manhattan Co. bought a new position in shares of Canada Goose in the second quarter worth approximately $117,000. Adviser Investments LLC bought a new position in shares of Canada Goose in the second quarter worth approximately $168,000. Commerzbank Aktiengesellschaft FI bought a new position in shares of Canada Goose in the second quarter worth approximately $208,000. Commonwealth Equity Services LLC bought a new position in shares of Canada Goose in the second quarter worth approximately $215,000. Finally, Raymond James & Associates bought a new position in shares of Canada Goose in the second quarter worth approximately $215,000. 39.90% of the stock is owned by institutional investors and hedge funds.

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.

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Analyst Recommendations for Canada Goose (NYSE:GOOS)

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