Canada Goose Holdings Inc. (NYSE:GOOS) traded at $35.16 at last check on Friday, Oct 16, making a downturn move of -0.14% on its previous day’s price.
Looking at the stock we see that its previous close was $35.21 and the beta (5Y monthly) reads 0 with the day’s price range being $34.54 – 35.44. The company has a 12-month trailing PE ratio of 51.48. In terms of its 52-week price range, GOOS has a high of $45.09 and a low of $12.94. The company’s stock has gained about 22.38% over that past 30 days.
On the other hand, looking at the outlook for the GOOS stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 15 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Canada Goose Holdings Inc. (GOOS) stock as a Hold, while 10 rate it as a Buy. 1 analysts rate it as outperform while 1 of them rated it as underperform, whereas 2 suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the GOOS stock currently stands at 1.8, and the current price level is 9.36% off its SMA20 and 27.07% from its 50-day simple moving average. The RSI (14) is pointing at 71.75 while the volatility over the past week is 3.84% and jumps to 3.9% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 1.3. The average price target for the stock over the next 12 months is $30, with the estimates having a low of $15.79 and a high of $41.87. These price ends are -55.09% and +19.08% off the current price level respectively, although investors could be excited at the prospect of a -11.55% if the GOOS share price touches on the median price of $31.1.
Let’s briefly compare Canada (GOOS) stock to its peers. We find that today’s price change of -0.14% and -13.8% over the past 12 months for GOOS competes that of L Brands Inc (LB), which has seen its stock price fall -0.92% in the latest trading session and is +83.98% over the last one year. Another of its peers Farfetch Ltd Cl A (FTCH) has dropped -0.74% today, and is +222.2% up over the past year, while Gap Inc (GPS) is also down -0.14% yet its price remains in the red at -13.8% over the same period. L has a P/E ratio of 0 compared to Canada’s 51.48 and Farfetch’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.01% and 0.39%, respectively, in early deals.
Coming back to Canada Goose Holdings Inc. (NYSE:GOOS), we note that the average 3-month trading volume was 1.19 Million, while that of the preceding 10-day period stands at 976.51 Million. Current shares outstanding are 59.14 Million.
According to data from Thomson Reuters, insiders hold 0.71% of the company’s shares while institutions hold 111.17%. The data shows that short shares as of September 29, 2020, stood at 8.49 Million at a short ratio of 6.82. This represents a 7.71% Short interest in Shares outstanding on September 29, 2020. Shares short dropped in September from the previous month at 9Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -2.98% down in year-to-date price movement.