CLARET ASSET MANAGEMENT Corp Takes Position in Canada Goose Holdings Inc (NYSE:GOOS)

CLARET ASSET MANAGEMENT Corp acquired a new stake in Canada Goose Holdings Inc (NYSE:GOOS) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 6,046 shares of the company’s stock, valued at approximately $266,000.

Several other hedge funds have also added to or reduced their stakes in GOOS. Kistler Tiffany Companies LLC purchased a new stake in shares of Canada Goose in the 2nd quarter valued at $29,000. Rehmann Capital Advisory Group boosted its holdings in shares of Canada Goose by 454.5% in the 1st quarter. Rehmann Capital Advisory Group now owns 976 shares of the company’s stock valued at $47,000 after acquiring an additional 800 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in shares of Canada Goose in the 2nd quarter valued at $52,000. Valeo Financial Advisors LLC boosted its holdings in shares of Canada Goose by 2,700.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,100 shares of the company’s stock valued at $81,000 after acquiring an additional 2,025 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Canada Goose in the 1st quarter valued at $96,000. 51.40% of the stock is currently owned by institutional investors and hedge funds.

GOOS opened at $39.13 on Friday. The company has a debt-to-equity ratio of 1.47, a current ratio of 3.38 and a quick ratio of 0.76. The firm has a fifty day moving average price of $40.09 and a 200 day moving average price of $43.29. Canada Goose Holdings Inc has a 1 year low of $31.67 and a 1 year high of $72.27. The stock has a market cap of $4.28 billion, a P/E ratio of 38.36, a P/E/G ratio of 1.04 and a beta of 3.16.



Canada Goose (NYSE:GOOS) last posted its earnings results on Wednesday, August 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.01. Canada Goose had a net margin of 15.60% and a return on equity of 41.47%. The firm had revenue of $71.10 million during the quarter, compared to analysts’ expectations of $54.38 million. During the same period in the previous year, the business posted ($0.16) EPS. The business’s revenue was up 59.1% compared to the same quarter last year. Equities analysts expect that Canada Goose Holdings Inc will post 1.26 EPS for the current year.

Several equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Canada Goose from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research note on Tuesday, September 3rd. Credit Suisse Group decreased their target price on shares of Canada Goose from $76.00 to $72.00 and set an “outperform” rating for the company in a research note on Thursday, August 15th. Finally, DA Davidson boosted their target price on shares of Canada Goose from $42.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, August 15th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $64.33.

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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