Canada Goose (NYSE:GOOS) Given New $18.00 Price Target at TD Cowen

by · The Markets Daily

Canada Goose (NYSE:GOOS – Free Report) had its price objective boosted by TD Cowen from $13.00 to $18.00 in a report published on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also recently commented on GOOS. Robert W. Baird set a $11.41 price target on shares of Canada Goose in a report on Friday. Evercore set a $10.00 price objective on Canada Goose in a report on Friday, May 15th. Weiss Ratings cut Canada Goose from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Zacks Research raised Canada Goose from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, Williams Trading downgraded Canada Goose from a “hold” rating to a “strong sell” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $12.48.

Check Out Our Latest Research Report on Canada Goose

Canada Goose Stock Performance

GOOS stock opened at $8.96 on Friday. The firm has a 50 day simple moving average of $9.64 and a 200 day simple moving average of $10.89. Canada Goose has a 52 week low of $8.75 and a 52 week high of $15.40. The stock has a market cap of $870.86 million, a P/E ratio of 22.99 and a beta of 1.61. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.58 and a current ratio of 2.63.

Canada Goose (NYSE:GOOS – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported ($0.64) earnings per share for the quarter, beating the consensus estimate of ($0.70) by $0.06. Canada Goose had a net margin of 3.65% and a return on equity of 14.25%. The firm had revenue of $83.71 million for the quarter, compared to analyst estimates of $76.34 million. During the same quarter in the prior year, the business earned $0.91 EPS. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. Research analysts anticipate that Canada Goose will post 0.89 earnings per share for the current fiscal year.

Institutional Trading of Canada Goose

Several large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in shares of Canada Goose by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 30,314 shares of the company’s stock worth $392,000 after purchasing an additional 859 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Canada Goose by 7.2% during the 2nd quarter. Invesco Ltd. now owns 15,124 shares of the company’s stock valued at $169,000 after purchasing an additional 1,012 shares in the last quarter. National Bank of Canada FI lifted its stake in shares of Canada Goose by 6.4% in the 3rd quarter. National Bank of Canada FI now owns 21,825 shares of the company’s stock valued at $291,000 after purchasing an additional 1,320 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Canada Goose by 5.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 29,026 shares of the company’s stock valued at $324,000 after purchasing an additional 1,630 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in Canada Goose by 30.8% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 8,035 shares of the company’s stock worth $105,000 after purchasing an additional 1,893 shares in the last quarter. 83.64% of the stock is owned by institutional investors.

Canada Goose News Summary

Here are the key news stories impacting Canada Goose this week:

  • Positive Sentiment: TD Cowen upgraded its outlook: The firm raised its price target from $13 to $18 and assigned a “buy” rating, implying substantial potential upside from recent trading levels. Benzinga article
  • Positive Sentiment: Revenue exceeded expectations: Fiscal first-quarter revenue rose 10.3% year over year to C$83.71 million, surpassing analysts’ estimates of C$76.34 million. The company also highlighted expanded gross margins and progress toward becoming a more year-round luxury brand. Canada Goose fiscal 2027 results
  • Neutral Sentiment: Value-stock interest provides support: Zacks included GOOS among four value stocks to consider while the Federal Reserve holds interest rates steady and geopolitical risks weigh on broader market sentiment. Zacks value stocks article
  • Negative Sentiment: The company remained unprofitable: Canada Goose reported a fiscal Q1 loss of $0.64 per share, compared with $0.91 of earnings in the same period last year. Although the result was better than some consensus estimates, the loss may be weighing on investor confidence, particularly given the stock’s elevated earnings multiple. Zacks Canada Goose earnings article

About Canada Goose

(Get Free Report)

Canada Goose Holdings Inc, traded on the NYSE under the symbol GOOS, is a Canadian design and manufacturing company specializing in premium outerwear. The firm is best known for its down-filled jackets and parkas, engineered to deliver high performance in extreme cold weather. Over time, Canada Goose has expanded its product range to include knitwear, fleece, footwear, and accessories, all designed with an emphasis on technical innovation, quality craftsmanship, and functional style.

Founded in 1957 as Metro Sportswear Ltd.

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