Canada Goose (TSE:GOOS) Reaches New 52-Week Low – What’s Next?

Shares of Canada Goose Holdings Inc. (TSE:GOOS – Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as C$12.80 and last traded at C$13.06, with a volume of 19415 shares trading hands. The stock had previously closed at C$12.83.

Analysts Set New Price Targets

Separately, Wells Fargo & Company cut their price target on 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, Canada Goose has a consensus rating of “Buy” and an average target price of C$22.00.

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Canada Goose Stock Performance

The stock has a 50 day moving average of C$15.18 and a 200 day moving average of C$16.83. The company has a quick ratio of 0.69, a current ratio of 2.63 and a debt-to-equity ratio of 129.06. The company has a market capitalization of C$1.29 billion, a price-to-earnings ratio of 57.74, a price-to-earnings-growth ratio of 0.61 and a beta of 1.88.

Canada Goose (TSE:GOOS – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.37 EPS for the quarter. The company had revenue of C$453.30 million for the quarter. Canada Goose had a return on equity of 4.29% and a net margin of 1.47%. As a group, analysts predict that Canada Goose Holdings Inc. will post 1.6222664 EPS for the current year.

About Canada Goose

(Get Free Report)

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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