Equities analysts expect Canada Goose Holdings Inc (NYSE:GOOS) to report sales of $260.65 million for the current quarter, Zacks reports. Three analysts have made estimates for Canada Goose’s earnings, with the highest sales estimate coming in at $275.59 million and the lowest estimate coming in at $251.71 million. Canada Goose posted sales of $209.32 million in the same quarter last year, which suggests a positive year over year growth rate of 24.5%. The company is expected to issue its next earnings report on Thursday, February 14th.

On average, analysts expect that Canada Goose will report full-year sales of $602.75 million for the current year, with estimates ranging from $591.48 million to $622.03 million. For the next financial year, analysts anticipate that the business will post sales of $757.29 million, with estimates ranging from $705.54 million to $826.18 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Canada Goose.

Canada Goose (NYSE:GOOS) last announced its earnings results on Wednesday, November 14th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.16. The company had revenue of $230.30 million during the quarter, compared to analysts’ expectations of $197.99 million. Canada Goose had a net margin of 15.35% and a return on equity of 44.05%. Canada Goose’s quarterly revenue was up 33.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.29 earnings per share.

GOOS has been the subject of a number of recent research reports. Barclays reissued a “buy” rating and issued a $72.00 target price on shares of Canada Goose in a research report on Wednesday, August 8th. Cowen reissued a “buy” rating and issued a $77.00 target price on shares of Canada Goose in a research report on Monday. DA Davidson boosted their target price on shares of Canada Goose to $74.00 and gave the company a “buy” rating in a research report on Friday, November 16th. Zacks Investment Research cut shares of Canada Goose from a “buy” rating to a “hold” rating in a research report on Monday, October 15th. Finally, Credit Suisse Group boosted their target price on shares of Canada Goose from $88.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, November 15th. Two equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $74.70.

Shares of Canada Goose stock traded up $2.11 during trading on Wednesday, reaching $65.29. The company’s stock had a trading volume of 1,116,500 shares, compared to its average volume of 1,191,121. The stock has a market cap of $7.32 billion, a PE ratio of 100.45, a PEG ratio of 2.13 and a beta of 2.21. Canada Goose has a 52 week low of $26.05 and a 52 week high of $72.27. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.73 and a current ratio of 3.91.

A number of institutional investors and hedge funds have recently bought and sold shares of GOOS. First Manhattan Co. bought a new stake in Canada Goose during the second quarter worth about $117,000. Adviser Investments LLC bought a new position in shares of Canada Goose in the second quarter worth about $168,000. Commerzbank Aktiengesellschaft FI bought a new position in shares of Canada Goose in the second quarter worth about $208,000. Raymond James & Associates bought a new position in shares of Canada Goose in the second quarter worth about $215,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Canada Goose in the second quarter worth about $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.

Featured Article: Trading Strategy Examples and Plans

Get a free copy of the Zacks research report on Canada Goose (GOOS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates 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.