Canada Goose (TSE:GOOS) PT Set at C$15.00 by Bank of America

Canada Goose (TSE:GOOS) has been assigned a C$15.00 target price by research analysts at Bank of America in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price objective would indicate a potential upside of 19.33% from the company’s current price.

Canada Goose Stock Up 1.5%

GOOS traded up C$0.18 on Wednesday, hitting C$12.57. 158,021 shares of the company were exchanged, compared to its average volume of 136,461. Canada Goose has a 12 month low of C$12.21 and a 12 month high of C$21.28. The company has a market cap of C$1.23 billion, a PE ratio of 21.31, a PEG ratio of 0.61 and a beta of 1.72. The company has a debt-to-equity ratio of 158.47, a quick ratio of 0.69 and a current ratio of 2.33. The stock’s fifty day moving average is C$13.49 and its 200-day moving average is C$14.93.

Canada Goose (TSE:GOOS) last posted its quarterly earnings results on Thursday, July 30th. The company reported C($0.89) earnings per share for the quarter. The company had revenue of C$118.90 million during the quarter. Canada Goose had a net margin of 3.70% and a return on equity of 10.37%. Equities research analysts predict that Canada Goose will post 1.6222664 EPS for the current fiscal year.

Canada Goose Company Profile

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.