Canada Goose Holdings Stock Today

GOOS Stock  USD 11.66  0.54  4.86%   

Performance

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Odds Of Distress

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Canada Goose is selling for under 11.66 as of the 28th of March 2024; that is 4.86 percent increase since the beginning of the trading day. The stock's lowest day price was 11.18. Canada Goose has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Canada Goose Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
16th of March 2017
Category
Consumer Cyclical
Classification
Consumer Discretionary
Canada Goose Holdings Inc. 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, Africa, and Latin America. The company was founded in 1957 and is headquartered in Toronto, Canada. The company has 45.93 M outstanding shares of which 12.06 M shares are currently shorted by private and institutional investors with about 7.41 trading days to cover. More on Canada Goose Holdings

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Canada Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canada Goose's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canada Goose or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOPaul Hubner
Thematic IdeaApparel (View all Themes)
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, SP TSX Composite, Apparel, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Apparel Manufacturing, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Canada Goose report their recommendations after researching Canada Goose's financial statements, talking to executives and customers, or listening in on Canada Goose's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Canada Goose Holdings. The Canada consensus assessment is calculated by taking the average forecast from all of the analysts covering Canada Goose.
Financial Strength
Based on the measurements of operating efficiency obtained from Canada Goose's historical financial statements, Canada Goose Holdings is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Canada Goose Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.10.0526
Way Up
Pretty Stable
Asset Turnover0.970.88
Significantly Up
Pretty Stable
Gross Profit Margin0.460.6
Way Down
Slightly volatile
Net Debt564.5 M537.6 M
Sufficiently Up
Slightly volatile
Total Current Liabilities425.5 M405.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total917.8 M874.1 M
Sufficiently Up
Slightly volatile
Total Assets957.4 M1.8 B
Way Down
Slightly volatile
Total Current Assets510 M992.7 M
Way Down
Slightly volatile
Canada Goose's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canada Goose's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canada Goose's financial leverage. It provides some insight into what part of Canada Goose's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Canada Goose's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Canada Goose deploys its capital and how much of that capital is borrowed.
Liquidity
Canada Goose cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 754 M in liabilities with Debt to Equity (D/E) ratio of 1.98, which is about average as compared to similar companies. Canada Goose Holdings has a current ratio of 2.37, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Canada Goose until it has trouble settling it off, either with new capital or with free cash flow. So, Canada Goose's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canada Goose Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canada to invest in growth at high rates of return. When we think about Canada Goose's use of debt, we should always consider it together with cash and equity.

Dividends Paid

(6.07 Million)
Canada Goose Holdings (GOOS) is traded on New York Stock Exchange in USA. It is located in 250 Bowie Avenue, Toronto, ON, Canada, M6E 4Y2 and employs 4,760 people. Canada Goose is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canada Goose's market, we take the total number of its shares issued and multiply it by Canada Goose's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canada Goose Holdings conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 45.93 M outstanding shares of which 12.06 M shares are currently shorted by private and institutional investors with about 7.41 trading days to cover. Canada Goose Holdings currently holds about 81.8 M in cash with 116.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78.
Check Canada Goose Probability Of Bankruptcy
Ownership Allocation
Canada Goose Holdings retains a total of 45.93 Million outstanding shares. The majority of Canada Goose Holdings outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Canada Goose Holdings to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Canada Goose. Please pay attention to any change in the institutional holdings of Canada Goose Holdings as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Canada Ownership Details

Canada Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Canada Goose jumping above the current price in 90 days from now is about 84.46%. The Canada Goose Holdings probability density function shows the probability of Canada Goose stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.7583. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Canada Goose will likely underperform. Additionally, canada Goose Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 11.66HorizonTargetOdds Above 11.66
15.41%90 days
 11.66 
84.46%
Based on a normal probability distribution, the odds of Canada Goose to move above the current price in 90 days from now is about 84.46 (This Canada Goose Holdings probability density function shows the probability of Canada Stock to fall within a particular range of prices over 90 days) .

Canada Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Canada Goose that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canada Goose's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canada Goose's value.
InstituionRecorded OnShares
Hsbc Holdings Plc2023-12-31
1.1 M
Scheer, Rowlett & Assoc Invest Mgmt Ltd.2023-12-31
925.9 K
Ameriprise Financial Inc2023-12-31
877.9 K
Citigroup Inc2023-12-31
618.3 K
Pinnacle Associates Inc2023-12-31
602.3 K
Silvercrest Asset Management Group Llc2023-12-31
602.3 K
Royal Bank Of Canada2023-12-31
598.6 K
Mitsubishi Ufj Trust & Banking Corp2023-12-31
560 K
Susquehanna International Group, Llp2023-12-31
555.9 K
Morgan Stanley - Brokerage Accounts2023-12-31
6.1 M
Fmr Inc2023-12-31
5.8 M
View Canada Goose Diagnostics

Canada Goose Historical Income Statement

Canada Goose Holdings Income Statement is one of the three primary financial statements used for reporting Canada's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canada Goose Holdings revenue and expense. Canada Goose Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Canada Goose's Selling General Administrative is comparatively stable compared to the past year. Gross Profit is likely to gain to about 984.4 M in 2024, whereas Total Revenue is likely to drop slightly above 731.4 M in 2024. View More Fundamentals

Canada Stock Against Markets

Picking the right benchmark for Canada Goose stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canada Goose stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canada Goose is critical whether you are bullish or bearish towards Canada Goose Holdings at a given time. Please also check how Canada Goose's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canada Goose without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Risk-Return Analysis

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Canada Goose Corporate Directors

Canada Goose corporate directors refer to members of a Canada Goose board of directors. The board of directors generally takes responsibility for the Canada Goose's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canada Goose's board members must vote for the resolution. The Canada Goose board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
JeanMarc HuetIndependent DirectorProfile
John DavisonIndependent DirectorProfile
Jodi ButtsIndependent DirectorProfile
Joshua BekensteinDirectorProfile

How to buy Canada Stock?

Before investing in Canada Goose, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canada Goose. To buy Canada Goose stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canada Goose. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Canada Goose stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canada Goose Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Canada Goose Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canada Goose Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Canada Stock please use our How to Invest in Canada Goose guide.

Already Invested in Canada Goose Holdings?

The danger of trading Canada Goose Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canada Goose is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canada Goose. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canada Goose Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canada Goose Holdings is a strong investment it is important to analyze Canada Goose's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canada Goose's future performance. For an informed investment choice regarding Canada Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canada Goose Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.