Canada Goose (GOOS) Set to Announce Earnings on Thursday

Canada Goose (NYSE:GOOS) is set to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Canada Goose (NYSE:GOOS) last posted its earnings results on Thursday, August 1st. The company reported ($0.58) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.60) by $0.02. The business had revenue of $64.39 million during the quarter, compared to analysts’ expectations of $63.47 million. Canada Goose had a return on equity of 25.63% and a net margin of 4.66%. 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

Shares of GOOS stock opened at $10.02 on Thursday. The company has a market capitalization of $966.93 million, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 0.56 and a beta of 1.32. Canada Goose has a 52 week low of $9.80 and a 52 week high of $14.75. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.63 and a current ratio of 2.14. The company’s 50 day moving average price is $11.10 and its two-hundred day moving average price is $11.83.

Analysts Set New Price Targets

Several equities research analysts recently commented on GOOS shares. 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. Barclays reduced their price objective on Canada Goose from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Friday, August 2nd. The Goldman Sachs Group reissued a “sell” rating and issued a $9.00 target price (down previously from $11.50) on shares of Canada Goose in a research report on Monday, October 21st. Wells Fargo & Company cut Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. Finally, Raymond James cut shares of Canada Goose from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $11.80.

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.