Canada Goose Holdings Inc (NYSE:GOOS) price on current trading day, rose 6.30% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.34.
A look at the stock’s price movement, the level at last check in today’s session was $10.67. The PE ratio in trailing twelve months stood at 17.06. Turning to its 52-week performance, $14.75 and $6.73 were the 52-week high and 52-week low respectively. Overall, GOOS moved 33.75% over the past month.
Canada Goose Holdings Inc’s market cap currently stands at around $1.15 billion, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GOOS is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy 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 27.68% and 34.84% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 81.81, while 7-day volatility ratio is 4.17% and 3.28% in the 30-day chart. Further, Canada Goose Holdings Inc (GOOS) has a beta value of 1.39, and an average true range (ATR) of 0.49. Analysts have given the company’s stock an average 52-week price target of $13, forecast between a low of $9 and high of $27.85116355. Looking at the price targets, the low is 20.63% off recent price level in today’s trading while to achieve the yearly target high, it has to move -145.6%. Nonetheless, investors will most likely welcome a -14.64% jump to $13 which is the analysts’ median price.
If we refocus on Canada Goose Holdings Inc (NYSE:GOOS), historical trading data shows that trading volumes averaged 1.15 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 30.74% of the company’s shares. Current price change has pushed the stock 13.08% 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.
