Canada Goose Holdings Inc. (NYSE:GOOS) went up by 5.12% from its latest closing price compared to the recent 1-year high of $53.64. The company’s stock price has collected -9.04% of loss in the last five trading sessions. The Wall Street Journal reported on 05/20/20 that Canada Goose Cutting About 125 Jobs
Is It Worth Investing in Canada Goose Holdings Inc. (NYSE :GOOS) Right Now?
Canada Goose Holdings Inc. (NYSE:GOOS) scored a price-to-earnings ratio above its average ratio, recording 19.05 x from its present earnings ratio. Plus, the 36-month beta value for GOOS is at 1.43. Opinions of the stock are interesting as 7 analysts out of 17 who provided ratings for Canada Goose Holdings Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 4 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $33.90. GOOS currently public float of 55.25M and currently shorts hold a 6.10% ratio of that float. Today, the average trading volume of GOOS was 1.17M shares.
GOOS’s Market Performance
GOOS stocks went down by -9.04% for the week, with a monthly drop of -20.34% and a quarterly performance of -33.48%, while its annual performance rate touched -49.44%. The volatility ratio for the week stands at 6.90% while the volatility levels for the past 30 days are set at 5.63% for Canada Goose Holdings Inc.. The simple moving average for the period of the last 20 days is -12.50% for GOOS stocks with a simple moving average of -44.09% for the last 200 days.
Analysts’ Opinion of GOOS
Many brokerage firms have already submitted their reports for GOOS stocks, with UBS repeating the rating for GOOS by listing it as a “Neutral.” The predicted price for GOOS in the upcoming period, according to UBS is $35 based on the research report published on January 07th of the current year 2022.
Barclays, on the other hand, stated in their research note that they expect to see GOOS reach a price target of $56. The rating they have provided for GOOS stocks is “Overweight” according to the report published on January 06th, 2022.
GOOS Trading at -19.46% from the 50-Day Moving Average
After a stumble in the market that brought GOOS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.37% of loss for the given period.
Volatility was left at 5.63%, however, over the last 30 days, the volatility rate increased by 6.90%, as shares sank -20.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.03% lower at present.
During the last 5 trading sessions, GOOS fell by -9.04%, which changed the moving average for the period of 200-days by -55.04% in comparison to the 20-day moving average, which settled at $21.59. In addition, Canada Goose Holdings Inc. saw -48.43% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GOOS
Current profitability levels for the company are sitting at:
- +10.99 for the present operating margin
- +52.16 for the gross margin
The net margin for Canada Goose Holdings Inc. stands at +7.74. The total capital return value is set at 9.37, while invested capital returns managed to touch 6.86. Equity return is now at value 20.90, with 7.30 for asset returns.
Based on Canada Goose Holdings Inc. (GOOS), the company’s capital structure generated 103.75 points at debt to equity in total, while total debt to capital is 50.92. Total debt to assets is 41.31, with long-term debt to equity ratio resting at 96.22. Finally, the long-term debt to capital ratio is 47.22.
When we switch over and look at the enterprise to sales, we see a ratio of 2.39, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 20.33 and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.42.