Canada Goose (GOOS) Expected to Announce Earnings on Thursday

Canada Goose (NYSE:GOOS) is anticipated to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Canada Goose to post earnings of $1.10 per share and revenue of $446.82 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Canada Goose (NYSE:GOOS) last posted its earnings results on Thursday, November 7th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.09. The company had revenue of $196.32 million for the quarter, compared to the consensus estimate of $183.60 million. Canada Goose had a return on equity of 22.60% and a net margin of 4.83%. During the same period in the previous year, the business earned $0.12 earnings per share. On average, analysts expect Canada Goose to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Canada Goose Stock Performance

NYSE GOOS opened at $10.58 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.85 and a quick ratio of 0.71. Canada Goose has a 1-year low of $9.23 and a 1-year high of $14.75. The business has a 50 day simple moving average of $10.15 and a two-hundred day simple moving average of $10.54. The stock has a market capitalization of $1.02 billion, a PE ratio of 28.58, a P/E/G ratio of 0.67 and a beta of 1.31.

Wall Street Analysts Forecast Growth

GOOS has been the topic of several analyst reports. Wells Fargo & Company downgraded Canada Goose from an “equal weight” rating to an “underweight” rating in a research report on Monday, October 14th. UBS Group cut their price objective on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. Finally, The Goldman Sachs Group lowered their target price on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.60.

Canada Goose Company Profile

Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.