Brokerages predict that Canada Goose Holdings Inc. (NYSE:GOOS) will report $0.15 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Canada Goose’s earnings. The highest EPS estimate is $0.37 and the lowest is ($0.08). Canada Goose posted earnings per share of $0.08 in the same quarter last year, which would suggest a positive year over year growth rate of 87.5%. The business is expected to announce its next earnings report on Thursday, November 4th.
On average, analysts expect that Canada Goose will report full-year earnings of $0.87 per share for the current year, with EPS estimates ranging from $0.85 to $0.88. For the next fiscal year, analysts anticipate that the company will post earnings of $1.20 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Canada Goose.
Canada Goose (NYSE:GOOS) last posted its quarterly earnings data on Tuesday, August 10th. The company reported ($0.45) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.15). The company had revenue of $45.83 million for the quarter. Canada Goose had a return on equity of 12.66% and a net margin of 6.39%.
Shares of NYSE:GOOS traded up $0.33 during mid-day trading on Thursday, reaching $38.80. 20,738 shares of the company were exchanged, compared to its average volume of 778,361. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.38 and a quick ratio of 1.65. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 94.68, a P/E/G ratio of 1.61 and a beta of 1.65. The firm’s 50-day simple moving average is $38.34 and its 200 day simple moving average is $40.11. Canada Goose has a 1 year low of $28.10 and a 1 year high of $50.05.
A number of large investors have recently made changes to their positions in the stock. Advisor Group Holdings Inc. raised its stake in Canada Goose by 26.9% during the 2nd quarter. Advisor Group Holdings Inc. now owns 2,634 shares of the company’s stock worth $115,000 after acquiring an additional 559 shares in the last quarter. State Street Corp increased its stake in Canada Goose by 2.8% in the second quarter. State Street Corp now owns 29,488 shares of the company’s stock valued at $1,290,000 after purchasing an additional 810 shares during the period. JPMorgan Chase & Co. increased its stake in Canada Goose by 38.2% in the second quarter. JPMorgan Chase & Co. now owns 3,639 shares of the company’s stock valued at $159,000 after purchasing an additional 1,005 shares during the period. Tobam increased its stake in Canada Goose by 1.1% in the second quarter. Tobam now owns 112,669 shares of the company’s stock valued at $4,930,000 after purchasing an additional 1,252 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its stake in Canada Goose by 86.1% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 2,936 shares of the company’s stock valued at $115,000 after purchasing an additional 1,358 shares during the period. Hedge funds and other institutional investors own 45.24% of the company’s stock.
Canada Goose Company Profile
Canada Goose Holdings, Inc engages in the design, manufacture, distribution, and retail of outerwear for men, women, and children. It operates through the following segments: Direct-to-Consumer, Wholesale, and Other. The Direct-to-Consumer segment comprises of sales through country-specific e-Commerce platforms and its company-owned retail stores located in luxury shopping locations.
See Also: Why are percentage gainers important?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Canada Goose Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Goose and related companies with MarketBeat.com's FREE daily email newsletter.