Brokerages expect that Canada Goose Holdings Inc (NYSE:GOOS) will post earnings per share of $0.62 for the current quarter, according to Zacks. Three analysts have made estimates for Canada Goose’s earnings, with estimates ranging from $0.54 to $0.72. Canada Goose posted earnings of $0.46 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 34.8%. The firm is scheduled to announce its next earnings results on Thursday, February 14th.

On average, analysts expect that Canada Goose will report full year earnings of $1.01 per share for the current year, with EPS estimates ranging from $0.90 to $1.22. For the next fiscal year, analysts expect that the company will post earnings of $1.31 per share, with EPS estimates ranging from $1.13 to $1.50. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Canada Goose.

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

A number of research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Canada Goose from a “hold” rating to a “strong-buy” rating and set a $78.00 target price on the stock in a research report on Friday, November 16th. Canaccord Genuity set a $102.00 target price on shares of Canada Goose and gave the company a “buy” rating in a research report on Thursday, November 15th. DA Davidson upped 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. Credit Suisse Group upped their price target on Canada Goose from $88.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, November 15th. Finally, Royal Bank of Canada upped their price target on Canada Goose from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 14th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $78.67.

Canada Goose stock opened at $62.61 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.73 and a current ratio of 3.91. Canada Goose has a 1 year low of $26.28 and a 1 year high of $72.27. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of 96.32, a price-to-earnings-growth ratio of 2.17 and a beta of 2.31.

Several hedge funds have recently made changes to their positions in the company. FMR LLC increased its stake in shares of Canada Goose by 0.5% in the 3rd quarter. FMR LLC now owns 3,647,761 shares of the company’s stock valued at $234,967,000 after acquiring an additional 16,646 shares during the last quarter. Artisan Partners Limited Partnership increased its stake in shares of Canada Goose by 110.8% in the 2nd quarter. Artisan Partners Limited Partnership now owns 2,199,702 shares of the company’s stock valued at $129,452,000 after acquiring an additional 1,156,186 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Canada Goose by 43.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,875,016 shares of the company’s stock valued at $120,688,000 after acquiring an additional 570,785 shares during the last quarter. Macquarie Group Ltd. increased its stake in shares of Canada Goose by 57.7% in the 3rd quarter. Macquarie Group Ltd. now owns 1,202,906 shares of the company’s stock valued at $77,636,000 after acquiring an additional 440,317 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of Canada Goose by 151.8% in the 2nd quarter. Morgan Stanley now owns 1,026,313 shares of the company’s stock valued at $60,398,000 after acquiring an additional 618,670 shares during the last quarter. 38.32% of the stock is owned by institutional investors.

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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