Canada Goose (GOOS) Expected to Announce Earnings on Thursday

Canada Goose (NYSE:GOOS) is expected to 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Canada Goose (NYSE:GOOS) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.09. The company had revenue of $196.32 million during the quarter, compared to analysts’ expectations of $183.60 million. Canada Goose had a net margin of 4.83% and a return on equity of 22.60%. 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 Stock Performance

Shares of GOOS opened at $11.32 on Thursday. The company has a current ratio of 1.85, a quick ratio of 0.71 and a debt-to-equity ratio of 1.21. The firm’s fifty day simple moving average is $10.04 and its two-hundred day simple moving average is $10.58. Canada Goose has a 12 month low of $9.23 and a 12 month high of $14.75. The stock has a market capitalization of $1.10 billion, a P/E ratio of 30.58, a price-to-earnings-growth ratio of 0.62 and a beta of 1.32.

Wall Street Analysts Forecast Growth

GOOS has been the topic of several recent analyst reports. The Goldman Sachs Group dropped their price target on Canada Goose from $9.00 to $8.00 and set a “sell” rating on the stock in a research note on Tuesday, December 10th. UBS Group cut their target price on shares of Canada Goose from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd. Finally, Wells Fargo & Company downgraded shares of Canada Goose from an “equal weight” rating to an “underweight” rating in a research note on Monday, October 14th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $11.60.

Canada Goose Company Profile

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.