Canada Goose (GOOS) Projected to Post Earnings on Thursday

Canada Goose (NYSE:GOOS) will likely be releasing its earnings data before the market opens on Thursday, February 6th. Analysts expect Canada Goose to post earnings of $1.10 per share and revenue of $446.82 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Canada Goose (NYSE:GOOS) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.09. Canada Goose had a return on equity of 22.60% and a net margin of 4.83%. The firm had revenue of $196.32 million for the quarter, compared to the consensus estimate of $183.60 million. During the same period in the prior year, the company posted $0.12 earnings per share. 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 Price Performance

NYSE GOOS opened at $10.46 on Tuesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.71 and a current ratio of 1.85. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 28.28, a PEG ratio of 0.67 and a beta of 1.31. The stock has a 50-day moving average of $10.12 and a 200 day moving average of $10.55. Canada Goose has a one year low of $9.23 and a one year high of $14.75.

Analyst Ratings Changes

Several research analysts have recently weighed in on GOOS shares. The Goldman Sachs Group decreased their price objective on shares of Canada Goose from $9.00 to $8.00 and set a “sell” rating for the company in a report on Tuesday, December 10th. Wells Fargo & Company cut Canada Goose from an “equal weight” rating to an “underweight” rating in a report on Monday, October 14th. Finally, UBS Group cut their price objective on Canada Goose from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Two equities research 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, Canada Goose currently has a consensus rating of “Hold” and an average target price of $11.60.

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.