Media headlines about Canada Goose (NYSE:GOOS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Canada Goose earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.9521681237523 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Canada Goose from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research report on Tuesday. Goldman Sachs Group assumed coverage on Canada Goose in a research report on Monday. They issued a “neutral” rating and a $69.00 price target on the stock. Royal Bank of Canada upped their price target on Canada Goose to $69.00 and gave the company an “outperform” rating in a research report on Tuesday, June 19th. They noted that the move was a valuation call. Canaccord Genuity upped their price target on Canada Goose from $58.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, June 18th. Finally, Wells Fargo & Co reiterated an “outperform” rating on shares of Canada Goose in a research report on Friday, June 15th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $52.00.
Shares of Canada Goose opened at $56.61 on Thursday, MarketBeat.com reports. Canada Goose has a one year low of $16.96 and a one year high of $68.75. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.01 and a current ratio of 2.25. The stock has a market cap of $6.19 billion, a P/E ratio of 87.09, a price-to-earnings-growth ratio of 2.78 and a beta of 2.60.
Canada Goose (NYSE:GOOS) last announced its earnings results on Friday, June 15th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.15. Canada Goose had a return on equity of 48.79% and a net margin of 16.42%. The company had revenue of $124.80 million for the quarter, compared to analyst estimates of $76.62 million. During the same quarter in the prior year, the company earned ($0.15) EPS. The firm’s revenue for the quarter was up 144.2% compared to the same quarter last year. equities research analysts expect that Canada Goose will post 0.81 earnings per share for the current fiscal year.
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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