Canada Goose (NYSE:GOOS) Shares Up 3.7%

Canada Goose Holdings Inc. (NYSE:GOOS) shot up 3.7% during mid-day trading on Tuesday . The stock traded as high as $11.73 and last traded at $11.72. 932,193 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 985,506 shares. The stock had previously closed at $11.30.

Analyst Ratings Changes

Several research firms have issued reports on GOOS. Evercore ISI increased their target price on shares of Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a research note on Friday, May 17th. UBS Group lowered their target price on shares of Canada Goose from $14.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Evercore increased their target price on shares of Canada Goose from $12.00 to $13.00 and gave the stock an “in-line” rating in a research note on Friday, May 17th. Raymond James cut shares of Canada Goose from an “outperform” rating to a “market perform” rating in a research note on Tuesday, July 23rd. Finally, The Goldman Sachs Group increased their target price on shares of Canada Goose from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Friday, May 17th. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $14.07.

Canada Goose Stock Performance

The company’s 50-day moving average price is $12.05 and its two-hundred day moving average price is $12.32. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.95 and a current ratio of 2.39. The stock has a market cap of $1.15 billion, a PE ratio of 30.43, a PEG ratio of 0.66 and a beta of 1.35.

Institutional Trading of Canada Goose

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Jump Financial LLC bought a new position in shares of Canada Goose during the 4th quarter valued at $1,187,000. Alberta Investment Management Corp grew its holdings in shares of Canada Goose by 638.2% during the 4th quarter. Alberta Investment Management Corp now owns 100,400 shares of the company’s stock valued at $1,198,000 after purchasing an additional 86,800 shares during the last quarter. Patient Capital Management LLC grew its holdings in shares of Canada Goose by 16.0% during the 4th quarter. Patient Capital Management LLC now owns 3,842,824 shares of the company’s stock valued at $45,537,000 after purchasing an additional 529,177 shares during the last quarter. Boulder Hill Capital Management LP bought a new position in shares of Canada Goose during the 4th quarter valued at $784,000. Finally, Claro Advisors LLC bought a new position in shares of Canada Goose during the 1st quarter valued at $210,000. Hedge funds and other institutional investors own 83.64% of the company’s stock.

Canada Goose Company Profile

Canada Goose Holdings Inc, together with its subsidiaries, designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.