Canada Goose Holdings Inc. (NYSE:GOOS) went down by -1.51% from its latest closing price compared to the recent 1-year high of $34.45. The company’s stock price has collected -2.32% of loss in the last five trading sessions.
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 28.44 x from its present earnings ratio. Plus, the 36-month beta value for GOOS is at 1.47. Opinions of the stock are interesting as 5 analysts out of 14 who provided ratings for Canada Goose Holdings Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $20.23, which is -$1.91 below the current price. GOOS currently public float of 54.03M and currently shorts hold a 20.39% ratio of that float. Today, the average trading volume of GOOS was 1.70M shares.
GOOS’s Market Performance
GOOS stocks went down by -2.32% for the week, with a monthly jump of 17.55% and a quarterly performance of 20.18%, while its annual performance rate touched -28.45%. The volatility ratio for the week stands at 4.60% while the volatility levels for the past 30 days are set at 4.65% for Canada Goose Holdings Inc. The simple moving average for the period of the last 20 days is 9.07% for GOOS stocks with a simple moving average of 12.52% for the last 200 days.
Analysts’ Opinion of GOOS
UBS, on the other hand, stated in their research note that they expect to see GOOS reach a price target of $35, previously predicting the price at $59. The rating they have provided for GOOS stocks is “Neutral” according to the report published on January 07th, 2022.
Barclays gave a rating of “Overweight” to GOOS, setting the target price at $56 in the report published on January 06th of the previous year.
GOOS Trading at 14.31% 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 -37.59% of loss for the given period.
Volatility was left at 4.65%, however, over the last 30 days, the volatility rate increased by 4.60%, as shares surge +19.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.72% upper at present.
During the last 5 trading sessions, GOOS fell by -2.32%, which changed the moving average for the period of 200-days by -14.55% in comparison to the 20-day moving average, which settled at $19.89. In addition, Canada Goose Holdings Inc. saw 20.72% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GOOS
Current profitability levels for the company are sitting at:
- +14.48 for the present operating margin
- +59.47 for the gross margin
The net margin for Canada Goose Holdings Inc. stands at +8.58. Equity return is now at value 19.10, with 5.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.71.