Canada Goose (NYSE:GOOS) Given New $10.00 Price Target at Evercore ISI

Canada Goose (NYSE:GOOS) had its price target trimmed by Evercore ISI from $13.00 to $10.00 in a report released on Monday,Benzinga reports. The brokerage currently has an in-line rating on the stock.

GOOS has been the subject of several other reports. The Goldman Sachs Group decreased their price target on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a research report on Tuesday, December 10th. UBS Group decreased their price target on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Wells Fargo & Company downgraded shares of Canada Goose from an “equal weight” rating to an “underweight” rating in a report on Monday, October 14th. Finally, Barclays cut their price objective on shares of Canada Goose from $11.00 to $10.00 and set an “equal weight” rating on the stock in a report on Monday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Canada Goose presently has an average rating of “Hold” and a consensus price target of $10.60.

Canada Goose Price Performance

NYSE:GOOS opened at $9.93 on Monday. Canada Goose has a 1-year low of $9.23 and a 1-year high of $14.75. The company has a 50-day moving average of $10.20 and a 200 day moving average of $10.48. The firm has a market cap of $961.12 million, a PE ratio of 19.10, a price-to-earnings-growth ratio of 0.60 and a beta of 1.31. 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 (NYSE:GOOS) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.10 EPS for the quarter, meeting the consensus estimate of $1.10. Canada Goose had a net margin of 5.47% and a return on equity of 24.14%. As a group, research analysts anticipate that Canada Goose will post 0.75 EPS for the current fiscal year.

Hedge Funds Weigh In On Canada Goose

Several hedge funds and other institutional investors have recently bought and sold shares of GOOS. BNP Paribas Financial Markets increased its holdings in Canada Goose by 193.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,164 shares of the company’s stock worth $40,000 after buying an additional 2,087 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in Canada Goose by 4,213.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,313 shares of the company’s stock worth $43,000 after buying an additional 4,213 shares during the period. Virtu Financial LLC acquired a new position in Canada Goose in the 4th quarter worth approximately $100,000. Aigen Investment Management LP acquired a new position in Canada Goose in the 4th quarter worth approximately $103,000. Finally, DGS Capital Management LLC acquired a new position in Canada Goose in the 3rd quarter worth approximately $131,000. Institutional investors and hedge funds own 83.64% of the company’s stock.

About Canada Goose

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.