Canada Goose (NYSE:GOOS) Issues Quarterly Earnings Results, Meets Estimates

Canada Goose (NYSE:GOOS) released its quarterly earnings results on Thursday. The company reported $1.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.10, Zacks reports. Canada Goose had a return on equity of 24.14% and a net margin of 5.47%.

Canada Goose Stock Performance

NYSE GOOS opened at $9.59 on Friday. The company has a market capitalization of $927.73 million, a PE ratio of 18.43, a price-to-earnings-growth ratio of 0.60 and a beta of 1.31. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.71 and a current ratio of 1.85. Canada Goose has a 52-week low of $9.23 and a 52-week high of $14.75. The company has a 50-day simple moving average of $10.18 and a 200 day simple moving average of $10.52.

Analyst Ratings Changes

A number of research firms recently commented on GOOS. Wells Fargo & Company lowered Canada Goose from an “equal weight” rating to an “underweight” rating in a research report on Monday, October 14th. UBS Group lowered their target price on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Finally, The Goldman Sachs Group cut their price target on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.60.

Canada Goose Company Profile

Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.