Canada Goose (TSE:GOOS) Issues Earnings Results

Canada Goose (TSE:GOOS) released its quarterly earnings data on Thursday. The company reported C$0.37 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$453.30 million during the quarter. Canada Goose had a net margin of 1.47% and a return on equity of 4.29%.

Canada Goose Price Performance

Shares of TSE GOOS opened at C$13.20 on Friday. The business has a 50-day simple moving average of C$15.28 and a two-hundred day simple moving average of C$16.94. Canada Goose has a fifty-two week low of C$12.34 and a fifty-two week high of C$21.28. The company has a market cap of C$1.28 billion, a PE ratio of 60.00, a P/E/G ratio of 0.61 and a beta of 1.88. The company has a debt-to-equity ratio of 129.06, a quick ratio of 0.69 and a current ratio of 2.63.

Analysts Set New Price Targets

Separately, Wells Fargo & Company lowered their price target on shares of Canada Goose from C$22.00 to C$19.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$22.00.

About Canada Goose

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.