Dynamic Technology Lab Private Ltd Invests $544,000 in Canada Goose Holdings Inc (GOOS)

Dynamic Technology Lab Private Ltd purchased a new position in Canada Goose Holdings Inc (NYSE:GOOS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,237 shares of the company’s stock, valued at approximately $544,000.

Several other large investors have also bought and sold shares of GOOS. Wells Fargo & Company MN lifted its stake in shares of Canada Goose by 65.2% in the first quarter. Wells Fargo & Company MN now owns 40,332 shares of the company’s stock worth $1,348,000 after buying an additional 15,911 shares in the last quarter. Swiss National Bank lifted its stake in shares of Canada Goose by 5.5% in the first quarter. Swiss National Bank now owns 64,900 shares of the company’s stock worth $2,169,000 after buying an additional 3,400 shares in the last quarter. State of Wisconsin Investment Board lifted its stake in shares of Canada Goose by 26.6% in the first quarter. State of Wisconsin Investment Board now owns 38,741 shares of the company’s stock worth $1,295,000 after buying an additional 8,141 shares in the last quarter. Eagle Asset Management Inc. lifted its stake in shares of Canada Goose by 50.5% in the first quarter. Eagle Asset Management Inc. now owns 873,854 shares of the company’s stock worth $29,204,000 after buying an additional 293,161 shares in the last quarter. Finally, BlackRock Inc. lifted its stake in shares of Canada Goose by 9.1% in the first quarter. BlackRock Inc. now owns 37,504 shares of the company’s stock worth $1,253,000 after buying an additional 3,128 shares in the last quarter. 38.59% of the stock is currently owned by hedge funds and other institutional investors.

Shares of GOOS stock opened at $58.14 on Friday. The company has a current ratio of 3.24, a quick ratio of 0.71 and a debt-to-equity ratio of 0.96. Canada Goose Holdings Inc has a 12 month low of $19.05 and a 12 month high of $68.75. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 93.39, a PEG ratio of 2.63 and a beta of 1.59.



Canada Goose (NYSE:GOOS) last issued its earnings results on Thursday, August 9th. The company reported ($0.16) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.02. Canada Goose had a net margin of 14.80% and a return on equity of 41.49%. The company had revenue of $44.70 million for the quarter, compared to the consensus estimate of $35.72 million. During the same period in the previous year, the firm earned ($0.13) earnings per share. Canada Goose’s quarterly revenue was up 58.5% compared to the same quarter last year. research analysts anticipate that Canada Goose Holdings Inc will post 0.87 EPS for the current fiscal year.

GOOS has been the topic of several research reports. Zacks Investment Research raised shares of Canada Goose from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Tuesday, June 26th. Canaccord Genuity raised their price target on shares of Canada Goose from $48.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, June 6th. Barclays reaffirmed a “buy” rating and set a $72.00 target price on shares of Canada Goose in a research note on Wednesday, August 8th. Robert W. Baird downgraded shares of Canada Goose from an “outperform” rating to a “neutral” rating in a research note on Wednesday, August 1st. Finally, Goldman Sachs Group assumed coverage on shares of Canada Goose in a research note on Monday, June 25th. They set a “neutral” rating and a $69.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Canada Goose currently has an average rating of “Buy” and a consensus target price of $58.00.

About Canada Goose

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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Institutional Ownership by Quarter for Canada Goose (NYSE:GOOS)

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