Canada Goose Holdings Stock Buy Hold or Sell Recommendation
| GOOS Stock | USD 11.24 0.04 0.36% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Canada Goose Holdings is 'Strong Hold'. Macroaxis provides Canada Goose buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GOOS positions. The advice algorithm takes into account all of Canada Goose's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Canada Goose's buy or sell advice are summarized below:
Real Value 14.38 | Target Price 16.93 | Hype Value 11.24 | Market Value 11.24 | Naive Value 11.11 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Canada Goose Holdings given historical horizon and risk tolerance towards Canada Goose. When Macroaxis issues a 'buy' or 'sell' recommendation for Canada Goose Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Canada |
Execute Canada Goose Buy or Sell Advice
The Canada recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canada Goose Holdings. Macroaxis does not own or have any residual interests in Canada Goose Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canada Goose's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Canada Goose Trading Alerts and Improvement Suggestions
| Canada Goose had very high historical volatility over the last 90 days | |
| Canada Goose is unlikely to experience financial distress in the next 2 years | |
| Canada Goose has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: The Gross Law Firm Announces an Investigation on Behalf of Canada Goose Holdings Inc. Shareholders Who May Have Been Affected by Fraud |
Canada Goose Returns Distribution Density
The distribution of Canada Goose's historical returns is an attempt to chart the uncertainty of Canada Goose's future price movements. The chart of the probability distribution of Canada Goose daily returns describes the distribution of returns around its average expected value. We use Canada Goose Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canada Goose returns is essential to provide solid investment advice for Canada Goose.
| Mean Return | -0.02 | Value At Risk | -4.98 | Potential Upside | 4.90 | Standard Deviation | 3.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canada Goose historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canada Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Canada Goose is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canada Goose Holdings backward and forwards among themselves. Canada Goose's institutional investor refers to the entity that pools money to purchase Canada Goose's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hsbc Holdings Plc | 2023-12-31 | 1.1 M | Scheer, Rowlett & Assoc Invest Mgmt Ltd. | 2023-12-31 | 925.9 K | Ameriprise Financial Inc | 2023-12-31 | 877.9 K | Citigroup Inc | 2023-12-31 | 618.3 K | Pinnacle Associates Inc | 2023-12-31 | 602.3 K | Silvercrest Asset Management Group Llc | 2023-12-31 | 602.3 K | Royal Bank Of Canada | 2023-12-31 | 598.6 K | Mitsubishi Ufj Trust & Banking Corp | 2023-12-31 | 560 K | Susquehanna International Group, Llp | 2023-12-31 | 555.9 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 6.1 M | Fmr Inc | 2023-12-31 | 5.8 M |
Canada Goose Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (141.8M) | 67M | (60.7M) | (49.9M) | (44.9M) | (47.2M) | |
| Investments | (62.3M) | (32M) | (37.2M) | (45.3M) | (40.8M) | (42.8M) | |
| Change In Cash | (56.9M) | 446.2M | (190.2M) | (1.2M) | (1.4M) | (1.3M) | |
| Depreciation | 63.1M | 84.6M | 95.8M | 109.1M | 125.5M | 131.7M | |
| Capital Expenditures | 62.3M | 32M | 37.2M | 48.1M | 55.3M | 35.5M | |
| Net Income | 151.7M | 70.2M | 94.6M | 68.9M | 79.2M | 75.6M | |
| End Period Cash Flow | 31.7M | 477.9M | 287.7M | 286.5M | 329.5M | 345.9M | |
| Change To Netincome | 7.8M | (21.7M) | 36.4M | 44M | 50.6M | 53.1M | |
| Free Cash Flow | 200K | 261.7M | 114.4M | 68.2M | 78.4M | 66.6M | |
| Other Non Cash Items | (42.2M) | 9.3M | 6.9M | (25.9M) | (23.3M) | (22.1M) |
Canada Goose Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canada Goose or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canada Goose's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canada stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 2.32 | |
σ | Overall volatility | 3.10 | |
Ir | Information ratio | -0.02 |
Canada Goose Volatility Alert
Canada Goose Holdings exhibits very low volatility with skewness of 0.23 and kurtosis of 0.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canada Goose's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Canada Goose's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Canada Goose Implied Volatility
Canada Goose's implied volatility exposes the market's sentiment of Canada Goose Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canada Goose's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canada Goose stock will not fluctuate a lot when Canada Goose's options are near their expiration.
Canada Goose Fundamentals Vs Peers
Comparing Canada Goose's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canada Goose's direct or indirect competition across all of the common fundamentals between Canada Goose and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canada Goose or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canada Goose's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canada Goose by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canada Goose to competition |
| Fundamentals | Canada Goose | Peer Average |
| Return On Equity | 0.0901 | -0.31 |
| Return On Asset | 0.0416 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.33 % | (5.51) % |
| Current Valuation | 1.68 B | 16.62 B |
| Shares Outstanding | 45.93 M | 571.82 M |
| Shares Owned By Insiders | 1.51 % | 10.09 % |
| Shares Owned By Institutions | 98.49 % | 39.21 % |
| Number Of Shares Shorted | 10.97 M | 4.71 M |
| Price To Earning | 36.57 X | 28.72 X |
| Price To Book | 3.61 X | 9.51 X |
| Price To Sales | 0.83 X | 11.42 X |
| Revenue | 1.22 B | 9.43 B |
| Gross Profit | 733.6 M | 27.38 B |
| EBITDA | 135.5 M | 3.9 B |
| Net Income | 68.9 M | 570.98 M |
| Cash And Equivalents | 81.8 M | 2.7 B |
| Cash Per Share | 0.78 X | 5.01 X |
| Total Debt | 754 M | 5.32 B |
| Debt To Equity | 1.98 % | 48.70 % |
| Current Ratio | 2.42 X | 2.16 X |
| Book Value Per Share | 4.04 X | 1.93 K |
| Cash Flow From Operations | 116.3 M | 971.22 M |
| Short Ratio | 11.91 X | 4.00 X |
| Earnings Per Share | 0.36 X | 3.12 X |
| Price To Earnings To Growth | 3.02 X | 4.89 X |
| Target Price | 12.52 | |
| Number Of Employees | 4.76 K | 18.84 K |
| Beta | 1.41 | -0.15 |
| Market Capitalization | 1.09 B | 19.03 B |
| Total Asset | 1.59 B | 29.47 B |
| Retained Earnings | 316.5 M | 9.33 B |
| Working Capital | 510.8 M | 1.48 B |
Canada Goose Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canada . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Canada Goose Buy or Sell Advice
When is the right time to buy or sell Canada Goose Holdings? Buying financial instruments such as Canada Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 620.7M | 754M | 867.1M | 910.5M | Total Assets | 1.3B | 1.6B | 1.8B | 957.4M |
Use Investing Ideas to Build Portfolios
In addition to having Canada Goose in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Check out Canada Goose Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Canada Stock analysis
When running Canada Goose's price analysis, check to measure Canada Goose's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.
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Is Canada Goose's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canada Goose. If investors know Canada will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canada Goose listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.008 | Earnings Share 0.36 | Revenue Per Share 12.352 | Quarterly Revenue Growth 0.058 | Return On Assets 0.0416 |
The market value of Canada Goose Holdings is measured differently than its book value, which is the value of Canada that is recorded on the company's balance sheet. Investors also form their own opinion of Canada Goose's value that differs from its market value or its book value, called intrinsic value, which is Canada Goose's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canada Goose's market value can be influenced by many factors that don't directly affect Canada Goose's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canada Goose's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canada Goose is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canada Goose's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.