Canada Goose Holdings Inc (NYSE:GOOS) price on Friday, April 11, rose 2.39% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $7.71.
A look at the stock’s price movement, the close in the last trading session was $7.53, moving within a range at $7.4 and $7.775. The beta value (5-Year monthly) was 1.332 while the PE ratio in trailing twelve months stood at 15.09. Turning to its 52-week performance, $14.75 and $6.73 were the 52-week high and 52-week low respectively. Overall, GOOS moved -11.58% over the past month.
Canada Goose Holdings Inc’s market cap currently stands at around $781.49 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 355.76M for the company’s revenue for the quarter, with a low and high estimate of 334.16M and 368.2M respectively. The average forecast suggests down to a -0.63% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.32B, representing a -1.28% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GOOS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 2 recommend GOOS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GOOS’s current price about -4.03% and -16.49% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.57, while 7-day volatility ratio is 9.06% and 5.13% in the 30-day chart. Further, Canada Goose Holdings Inc (GOOS) has a beta value of 1.25, and an average true range (ATR) of 0.49. Analysts have given the company’s stock an average 52-week price target of $9, forecast between a low of $9 and high of $9. Looking at the price targets, the low is -16.73% off current price level while to achieve the yearly target high, price needs to move -16.73%. Nonetheless, investors will most likely welcome a -16.73% jump to $9 which is the analysts’ median price.
If we refocus on Canada Goose Holdings Inc (NYSE:GOOS), historical trading data shows that trading volumes averaged 1.28 over the past 10 days and 1.05 million over the past 3 months. The company’s latest data on shares outstanding shows there are 101.36 million shares.
The 50.58% of Canada Goose Holdings Inc’s shares are in the hands of company insiders while institutional holders own 33.18% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.76 million on 2025-03-14, giving us a short ratio of 9.6. The data shows that as of 2025-03-14 short interest in Canada Goose Holdings Inc (GOOS) stood at 2851.0 of shares outstanding, with shares short falling to 10.27 million registered in 2025-02-14. Current price change has pushed the stock -23.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GOOS stock continues to rise going into the next quarter.
