Canada Goose Holdings Inc. (NYSE:GOOS) has earned an average recommendation of “Hold” from the eighteen brokerages that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$26.73.

GOOS has been the topic of a number of research analyst reports. Bank of America Corporation raised shares of Canada Goose Holdings from a “neutral” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Wednesday, June 28th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $32.00 price target on shares of Canada Goose Holdings in a research report on Monday, June 5th. Barclays PLC reaffirmed an “overweight” rating and set a $22.00 price target (up previously from $19.00) on shares of Canada Goose Holdings in a research report on Monday, June 5th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $22.00 price target (up previously from $20.00) on shares of Canada Goose Holdings in a research report on Monday, June 5th. Finally, ValuEngine cut shares of Canada Goose Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, June 3rd.

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Several hedge funds have recently added to or reduced their stakes in GOOS. Cubist Systematic Strategies LLC bought a new position in shares of Canada Goose Holdings during the 2nd quarter worth about $127,000. Forward Management LLC bought a new position in shares of Canada Goose Holdings during the 2nd quarter worth about $134,000. Nationwide Fund Advisors boosted its position in shares of Canada Goose Holdings by 2.7% during the 2nd quarter. Nationwide Fund Advisors now owns 8,090 shares of the company’s stock worth $160,000 after purchasing an additional 210 shares in the last quarter. Bayesian Capital Management LP bought a new position in shares of Canada Goose Holdings during the 2nd quarter worth about $226,000. Finally, Quantbot Technologies LP bought a new position in shares of Canada Goose Holdings during the 2nd quarter worth about $235,000. 26.23% of the stock is currently owned by institutional investors.

Canada Goose Holdings (NYSE:GOOS) traded down 1.10% on Friday, reaching $18.84. The company’s stock had a trading volume of 967,474 shares. The company has a market cap of $2.02 billion and a P/E ratio of 104.67. Canada Goose Holdings has a 12 month low of $9.98 and a 12 month high of $24.32. The stock’s 50 day moving average price is $18.57 and its 200 day moving average price is $18.25.

Canada Goose Holdings (NYSE:GOOS) last posted its quarterly earnings data on Thursday, August 10th. The company reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.05. The company had revenue of $28.20 million during the quarter, compared to analyst estimates of $16.50 million. The business’s revenue for the quarter was up 79.6% compared to the same quarter last year. Equities research analysts forecast that Canada Goose Holdings will post $0.45 earnings per share for the current year.

About Canada Goose Holdings

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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