Canada Goose Holdings Inc (NYSE: GOOS) is -15.45% lower on its value in year-to-date trading and has touched a low of $8.33 and a high of $14.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GOOS stock was last observed hovering at around $8.45 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $8.48, the stock is -11.37% and -15.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.36% at the moment leaves the stock -21.81% off its SMA200. GOOS registered -31.22% loss for a year compared to 6-month gain of -19.85%. The firm has a 50-day simple moving average (SMA 50) of $10.06 and a 200-day simple moving average (SMA200) of $10.8449.
The stock witnessed a -19.85% gain in the last 1 month and extending the period to 3 months gives it a -15.28%, and is -2.75% down 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 2.90% over the week and 4.23% over the month.
Canada Goose Holdings Inc (GOOS) has around 4462 employees, a market worth around $859.53M and $964.62M in sales. Current P/E ratio is 16.60 and Fwd P/E is 11.51. Profit margin for the company is 5.29%. Distance from 52-week low is 1.80% and -42.51% from its 52-week high. The company has generated returns on investments over the last 12 months (6.27%).
with sales reaching $355.54M over the same period.The EPS is expected to shrink by -3.14% this year, but quarterly earnings will post -1.30% year-over-year. Quarterly sales are estimated to shrink -0.69% in year-over-year returns.
169.0 institutions hold shares in Canada Goose Holdings Inc (GOOS), with institutional investors hold 76.81% of the company’s shares. The shares outstanding are 101.36M, and float is at 50.09M with Short Float at 19.41%. Institutions hold 75.60% 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 6.4325 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 4.0228 and valued at over $50.25 million, while PATIENT CAPITAL MANAGEMENT, LLC holds 4.0206 of the shares totaling 3.88 million with a market value of $50.22 million.
