Canada Goose Holdings Inc (NYSE:GOOS) price on Friday, June 13, fall -3.84% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $11.02.
A look at the stock’s price movement, the close in the last trading session was $11.46. The PE ratio in trailing twelve months stood at 16.58. Turning to its 52-week performance, $13.68 and $6.73 were the 52-week high and 52-week low respectively. Overall, GOOS moved 20.70% over the past month.
Canada Goose Holdings Inc’s market cap currently stands at around $1.12 billion, with investors looking forward to this quarter’s earnings report slated for in July.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 2 recommend GOOS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GOOS’s current price about -2.09% and 17.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.65, while 7-day volatility ratio is 1.58% and 5.05% in the 30-day chart. Further, Canada Goose Holdings Inc (GOOS) has a beta value of 1.46, and an average true range (ATR) of 0.47. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $11 and high of $11. Looking at the price targets, the low is 0.18% off current price level while to achieve the yearly target high, price needs to move 0.18%. Nonetheless, investors will most likely welcome a 0.18% jump to $11 which is the analysts’ median price.
If we refocus on Canada Goose Holdings Inc (NYSE:GOOS), historical trading data shows that trading volumes averaged 1.20 million over the past 3 months. The company’s latest data on shares outstanding shows there are 101.36 million shares.
The 50.65% of Canada Goose Holdings Inc’s shares are in the hands of company insiders while institutional holders own 30.74% of the company’s shares. Current price change has pushed the stock 9.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GOOS stock continues to rise going into the next quarter.
