Analysts expect Canada Goose Holdings Inc (NYSE:GOOS) to report sales of $201.54 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Canada Goose’s earnings. The highest sales estimate is $206.95 million and the lowest is $194.99 million. Canada Goose posted sales of $176.22 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 14.4%. The business is scheduled to report its next quarterly earnings results on Wednesday, November 13th.
On average, analysts expect that Canada Goose will report full year sales of $767.58 million for the current year. For the next fiscal year, analysts anticipate that the business will report sales of $928.24 million, with estimates ranging from $905.69 million to $949.76 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Canada Goose.
Canada Goose (NYSE:GOOS) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.16) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.01. The company had revenue of $71.10 million for the quarter, compared to analyst estimates of $54.38 million. Canada Goose had a return on equity of 41.47% and a net margin of 15.60%. The company’s quarterly revenue was up 59.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.16) earnings per share.
Shares of Canada Goose stock traded up $0.85 during trading on Friday, reaching $39.79. The stock had a trading volume of 757,700 shares, compared to its average volume of 1,971,135. The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 39.01, a P/E/G ratio of 1.05 and a beta of 3.03. The stock has a fifty day moving average price of $42.74 and a two-hundred day moving average price of $46.55. Canada Goose has a 52 week low of $31.67 and a 52 week high of $72.27. The company has a current ratio of 3.38, a quick ratio of 0.76 and a debt-to-equity ratio of 1.47.
A number of hedge funds and other institutional investors have recently made changes to their positions in GOOS. Kistler Tiffany Companies LLC acquired a new position in Canada Goose during the second quarter worth approximately $29,000. Optimum Investment Advisors acquired a new position in Canada Goose during the first quarter worth approximately $33,000. Bremer Bank National Association acquired a new position in Canada Goose during the first quarter worth approximately $46,000. Rehmann Capital Advisory Group increased its position in Canada Goose by 454.5% during the first quarter. Rehmann Capital Advisory Group now owns 976 shares of the company’s stock worth $47,000 after buying an additional 800 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in Canada Goose during the second quarter worth approximately $52,000. 52.24% of the stock is currently owned by hedge funds and other institutional investors.
About Canada Goose
Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.
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