Shares of Canada Goose Holdings Inc. (NYSE:GOOS) have earned a consensus recommendation of “Hold” from the seventeen analysts that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$26.50.

A number of research firms recently issued reports on GOOS. Barclays PLC reiterated an “overweight” rating and set a $31.00 target price (up previously from $30.00) on shares of Canada Goose Holdings in a research report on Monday. Instinet restated a “neutral” rating and set a $26.00 price objective on shares of Canada Goose Holdings in a report on Monday. Nomura restated a “hold” rating on shares of Canada Goose Holdings in a report on Saturday. Canaccord Genuity restated a “buy” rating on shares of Canada Goose Holdings in a report on Friday. Finally, Robert W. Baird restated a “neutral” rating on shares of Canada Goose Holdings in a report on Thursday, August 10th.

A number of institutional investors have recently bought and sold shares of the stock. Nationwide Fund Advisors raised its position in Canada Goose Holdings by 2.7% in the second quarter. Nationwide Fund Advisors now owns 8,090 shares of the company’s stock valued at $160,000 after buying an additional 210 shares during the last quarter. NN Investment Partners Holdings N.V. raised its position in shares of Canada Goose Holdings by 20.0% in the second quarter. NN Investment Partners Holdings N.V. now owns 24,000 shares of the company’s stock worth $474,000 after buying an additional 4,000 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Canada Goose Holdings by 1.4% in the second quarter. Franklin Resources Inc. now owns 448,900 shares of the company’s stock worth $8,872,000 after buying an additional 6,100 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Canada Goose Holdings during the second quarter worth $127,000. Finally, Forward Management LLC acquired a new position in shares of Canada Goose Holdings during the second quarter worth $134,000. Institutional investors own 14.56% of the company’s stock.

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Shares of Canada Goose Holdings (NYSE:GOOS) traded down 1.31% during midday trading on Tuesday, hitting $18.86. 651,043 shares of the company were exchanged. The firm’s 50 day moving average price is $18.87 and its 200 day moving average price is $18.29. The firm has a market capitalization of $2.01 billion and a price-to-earnings ratio of 75.44. Canada Goose Holdings has a one year low of $15.20 and a one year high of $24.32.

Canada Goose Holdings (NYSE:GOOS) last released its earnings results on Thursday, August 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.05. The company had revenue of $28.20 million for the quarter, compared to analyst estimates of $16.50 million. The company’s revenue was up 79.6% on a year-over-year basis. Analysts forecast that Canada Goose Holdings will post $0.43 EPS for the current fiscal year.

Canada Goose Holdings Company Profile

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. 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.

Analyst Recommendations for Canada Goose Holdings (NYSE:GOOS)

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