The stock price of Canada Goose Holdings Inc (NYSE: GOOS) has surged by 3.83 when compared to previous closing price of 9.39, but the company has seen a -2.99% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-07 that Canada Goose Holdings Inc. (NYSE:GOOS ) Q2 2025 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Ana Raman – Vice President, Investor Relations Dani Reiss – Chairman & Chief Executive Officer Carrie Baker – President of Brand & Commercial Beth Clymer – President of Finance Strategy & Administration Neil Bowden – Chief Financial Officer Conference Call Participants Adrienne Yih – Barclays Josh Reiss – Raymond James Oliver Chen – TD Cowen Brooke Roach – Goldman Sachs Operator Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today.
Is It Worth Investing in Canada Goose Holdings Inc (NYSE: GOOS) Right Now?
Canada Goose Holdings Inc (NYSE: GOOS) has a higher price-to-earnings ratio of 22.17x compared to its average ratio, The 36-month beta value for GOOS is at 1.34. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for GOOS is 50.08M, and currently, shorts hold a 18.08% of that float. The average trading volume for GOOS on November 13, 2024 was 768.95K shares.
GOOS’s Market Performance
GOOS’s stock has seen a -2.99% decrease for the week, with a -13.18% drop in the past month and a -5.61% fall in the past quarter. The volatility ratio for the week is 5.45%, and the volatility levels for the past 30 days are at 3.79% for Canada Goose Holdings Inc The simple moving average for the past 20 days is -3.72% for GOOS’s stock, with a -17.92% simple moving average for the past 200 days.
Analysts’ Opinion of GOOS
Many brokerage firms have already submitted their reports for GOOS stocks, with Goldman repeating the rating for GOOS by listing it as a “Sell.” The predicted price for GOOS in the upcoming period, according to Goldman is $9 based on the research report published on October 21, 2024 of the current year 2024.
GOOS Trading at -9.48% 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 -33.90% of loss for the given period.
Volatility was left at 3.79%, however, over the last 30 days, the volatility rate increased by 5.45%, as shares sank -9.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.17% lower at present.
During the last 5 trading sessions, GOOS fell by -2.99%, which changed the moving average for the period of 200-days by -20.34% in comparison to the 20-day moving average, which settled at $10.13. In addition, Canada Goose Holdings Inc saw -17.72% 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:
- 0.1 for the present operating margin
- 0.64 for the gross margin
The net margin for Canada Goose Holdings Inc stands at 0.05. The total capital return value is set at 0.12. Equity return is now at value 17.88, with 4.02 for asset returns.
Based on Canada Goose Holdings Inc (GOOS), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 1.63. The interest coverage ratio of the stock is 3.16.
Currently, EBITDA for the company is 251.7 million with net debt to EBITDA at 2.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.55. The receivables turnover for the company is 16.47for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
In conclusion, Canada Goose Holdings Inc (GOOS) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
