Canada Goose (TSE:GOOS – Get Free Report) released its quarterly earnings results on Thursday. The company reported C$0.37 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$453.30 million for the quarter. Canada Goose had a net margin of 1.47% and a return on equity of 4.23%.
Canada Goose Trading Down 7.2%
Shares of GOOS traded down C$1.05 during midday trading on Thursday, hitting C$13.57. The stock had a trading volume of 607,873 shares, compared to its average volume of 133,826. Canada Goose has a 1 year low of C$12.34 and a 1 year high of C$21.28. The firm has a market cap of C$1.32 billion, a PE ratio of 61.68, a price-to-earnings-growth ratio of 0.61 and a beta of 1.88. The company has a debt-to-equity ratio of 176.78, a current ratio of 2.12 and a quick ratio of 0.69. The stock’s 50 day moving average is C$15.39 and its 200 day moving average is C$17.00.
Analysts Set New Price Targets
Separately, Wells Fargo & Company decreased their price target on shares of Canada Goose from C$22.00 to C$19.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$22.00.
About Canada Goose
Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.
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