Canada Goose Holdings Inc (NYSE: GOOS) is 10.76% higher on its value in year-to-date trading and has touched a low of $6.73 and a high of $13.69 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 $13.46 in the last trading session, with the day’s gains setting it 0.54%.
Currently trading at $14.0, the stock is 18.16% and 28.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing 4.01% at the moment leaves the stock 38.87% off its SMA200. GOOS registered 39.58% gain for a year compared to 6-month gain of 35.92%. The firm has a 50-day simple moving average (SMA 50) of $10.865 and a 200-day simple moving average (SMA200) of $10.08155.
The stock witnessed a 20.07% loss in the last 1 month and extending the period to 3 months gives it a 79.95%, and is 16.09% 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 4.58% over the week and 4.02% over the month.
Current P/E ratio is 21.06 and Fwd P/E is 17.47. Profit margin for the company is 6.85%. Distance from 52-week low is 108.02% and 2.30% 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 -8.79% this year.
Canada Goose Holdings Inc (GOOS) Top Institutional Holders
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.
