Canada Goose Holdings Inc (NYSE: GOOS) is 2.59% higher on its value in year-to-date trading and has touched a low of $9.23 and a high of $14.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GOOS stock was last observed hovering at around $10.12 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $10.29, the stock is 2.25% and 4.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 1.68% at the moment leaves the stock -8.57% off its SMA200. GOOS registered -10.99% loss for a year compared to 6-month loss of -15.79%. The firm has a 50-day simple moving average (SMA 50) of $9.7968 and a 200-day simple moving average (SMA200) of $11.26485.
The stock witnessed a 3.73% gain in the last 1 month and extending the period to 3 months gives it a -4.37%, and is 1.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.98% over the week and 3.34% over the month.
Canada Goose Holdings Inc (GOOS) has around 4462 employees, a market worth around $1.04B and $975.84M in sales. Current P/E ratio is 23.40 and Fwd P/E is 12.44. Profit margin for the company is 4.81%. Distance from 52-week low is 11.50% and -30.24% from its 52-week high. The company has generated returns on investments over the last 12 months (5.99%).
with sales reaching $614.79M over the same period.The EPS is expected to grow by 2.67% this year, but quarterly earnings will post -0.60% year-over-year. Quarterly sales are estimated to grow 0.80% in year-over-year returns.
179.0 institutions hold shares in Canada Goose Holdings Inc (GOOS), with institutional investors hold 83.90% of the company’s shares. The shares outstanding are 101.36M, and float is at 50.11M with Short Float at 18.72%. Institutions hold 82.58% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 6.21 million shares valued at $80.35 million. The investor’s holdings represent 6.1642 of the GOOS Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 5.26 million shares valued at $68.01 million to account for 5.2167 of the shares outstanding. The other top investors are MANUFACTURERS LIFE INSURANCE COMPANY, THE which holds 3.89 million shares representing 3.855 and valued at over $50.25 million, while PATIENT CAPITAL MANAGEMENT, LLC holds 3.8529 of the shares totaling 3.88 million with a market value of $50.22 million.
