Canada Goose Holdings Inc (NYSE:GOOS) shares, rose in value on Friday, February 14, with price up by 0.50% to the previous day’s close as strong demand from buyers drove the stock to $10.09.
Actively observing the price movement in the last trading, the stock closed the session at $10.04, falling within a range of $9.975 and $10.175. The value of beta (5-year monthly) was 1.246 whereas the PE ratio was 19.75 over 12-month period. Referring to stock’s 52-week performance, its high was $14.75, and the low was $9.23. On the whole, GOOS has fluctuated by -0.30% over the past month.
With the market capitalization of Canada Goose Holdings Inc currently standing at about $1.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.32B, with a low estimate of 334.16M and a high estimate of 368.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 355.54M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GOOS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of GOOS currently trading nearly -3.55% and -0.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.22, while the 7-day volatility ratio is showing 3.32% which for the 30-day chart, stands at 4.68%. Furthermore, Canada Goose Holdings Inc (GOOS)’s beta value is 1.35, and its average true range (ATR) is 0.45.
A comparison of Canada Goose Holdings Inc (GOOS) with its peers suggests the former has fared considerably weaker in the market. GOOS showed an intraday change of 0.50% in last session, and over the past year, it shrunk by -19.86%%.
Data on historical trading for Canada Goose Holdings Inc (NYSE:GOOS) indicates that the trading volumes over the past 10 days have averaged 1.38 and over the past 3 months, they’ve averaged 918.75K. According to company’s latest data on outstanding shares, there are 101.36 million shares outstanding.
Nearly 50.57% of Canada Goose Holdings Inc’s shares belong to company insiders and institutional investors own 36.22% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.23 million shares as on 2025-01-31, resulting in a short ratio of 13.63. According to the data, the short interest in Canada Goose Holdings Inc (GOOS) stood at 2988.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 9.47 million. The stock has risen by 0.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GOOS stock heading into the next quarter.
