Canada Goose Holdings Inc (NYSE: GOOS) is -8.12% lower on its value in year-to-date trading and has touched a low of $6.73 and a high of $13.15 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 $11.0 in the last trading session, with the day’s gains setting it 1179989.0%.
Currently trading at $1180000.0, the stock is 3.96% and 15.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing 8.00% at the moment leaves the stock 18.69% off its SMA200. GOOS registered 18.44% gain for a year compared to 6-month gain of 19.04%. The firm has a 50-day simple moving average (SMA 50) of $10.3162 and a 200-day simple moving average (SMA200) of $10.00945.
The stock witnessed a 3.39% loss in the last 1 month and extending the period to 3 months gives it a 47.76%, and is 3.21% 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 5.16% over the week and 3.62% over the month.
Current P/E ratio is 17.87 and Fwd P/E is 14.84. Profit margin for the company is 6.85%. Distance from 52-week low is 76.52% and -9.66% from its 52-week high. The company has generated returns on investments over the last 12 months (7.96%).
The EPS is expected to shrink by -8.91% this year
158.0 institutions hold shares in Canada Goose Holdings Inc (GOOS), with institutional investors hold 71.80% of the company’s shares. The shares outstanding are 45.83M, and float is at 45.72M with Short Float at 19.87%. Institutions hold 70.34% 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 5.4437 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.
