Canada Goose Earnings Estimate

GOOS
 Stock
  

USD 20.94  0.23  1.11%   

Many public companies, such as Canada Goose, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Canada Goose's earnings estimates, investors can diagnose different trends across Canada Goose's analyst sentiment over time as well as compare current estimates against different timeframes.
Canada Goose is projected to generate 1.06 in earnings per share on the 31st of December 2022. Canada Goose earnings estimates module stress-tests analyst consensus about projected Canada Goose Holdings EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Risk vs Return Analysis.
  
As of 08/18/2022, Gross Profit is likely to grow to about 353.1 M. Also, Profit Margin is likely to grow to 0.07

Canada Goose Earnings Estimation Breakdown

Calculation of earning per share of Canada Goose Holdings is based on official Zacks consensus of 2 analysts regarding Canada Goose future annual earnings. Given the historical accuracy of -16.2%, the future earnings per share of Canada Goose is estimated to be 1.06 with the lowest and highest values of 1.04 and 1.08, respectively. Please note that this consensus of annual earnings estimates for Canada Goose Holdings is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 0.69
1.04
Lowest
Expected EPS 1.06
1.08
Highest

Canada Goose Earnings Projection Consensus

Suppose the current estimates of Canada Goose's value are higher than the current market price of the Canada Goose stock. In this case, investors may conclude that Canada Goose is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Canada Goose's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

2

-16.2%

0.69

1.06

Canada Goose Earnings History

Earnings estimate consensus by Canada Goose Holdings analysts from Wall Street is used by the market to judge Canada Goose's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Canada Goose's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Canada Goose Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

(54.9 Million)

Canada Goose Earning Before Interest and Taxes EBIT is relatively stable at the moment as compared to the past year. Canada Goose reported last year Earning Before Interest and Taxes EBIT of 900,000. As of 08/18/2022, Earnings per Basic Share is likely to grow to 0.64, though Price to Earnings Ratio are likely to grow to (167.25) . Canada Goose Weighted Average Shares is relatively stable at the moment as compared to the past year. Canada Goose reported last year Weighted Average Shares of 106.13 Million. As of 08/18/2022, Weighted Average Shares Diluted is likely to grow to about 114.6 M, though Issuance Purchase of Equity Shares is likely to grow to (127.9 M).
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Canada Goose's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Canada Goose in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
17.3820.7524.12
Details
Intrinsic
Valuation
LowReal ValueHigh
18.6826.0529.42
Details
Naive
Forecast
LowNext ValueHigh
18.0021.3724.74
Details
6 Analysts
Consensus
LowTarget PriceHigh
28.0045.6356.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canada Goose. Your research has to be compared to or analyzed against Canada Goose's peers to derive any actionable benefits. When done correctly, Canada Goose's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Canada Goose Holdings.
Note that many institutional investors and large investment bankers can move markets due to the volume of Canada assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Canada Goose. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Canada stock price in the short term.

Canada Goose Earnings per Share Projection vs Actual

Actual Earning per Share of Canada Goose refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Canada Goose Holdings predict the company's earnings will be in the future. The higher the earnings per share of Canada Goose, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Canada Goose Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Canada Goose, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Canada Goose should always be considered in relation to other companies to make a more educated investment decision.

Canada Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Canada Goose's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-08-11
2022-06-30-0.62-0.560.06
2022-05-19
2022-03-31-0.020.040.06300 
2022-02-10
2021-12-311.451.42-0.03
2021-11-05
2021-09-30-0.10.120.22220 
2021-08-11
2021-06-30-0.53-0.450.0815 
2021-05-13
2021-03-31-0.120.010.13108 
2021-02-04
2020-12-310.851.010.1618 
2020-11-05
2020-09-30-0.030.10.13433 
2020-08-11
2020-06-30-0.4-0.350.0512 
2020-06-03
2020-03-31-0.12-0.120
2020-02-07
2019-12-311.071.080.01
2019-11-13
2019-09-300.440.570.1329 
2019-08-14
2019-06-30-0.24-0.210.0312 
2019-05-29
2019-03-310.060.090.0350 
2019-02-14
2018-12-310.820.960.1417 
2018-11-14
2018-09-300.240.460.2291 
2018-08-09
2018-06-30-0.22-0.160.0627 
2018-06-15
2018-03-31-0.10.090.19190 
2018-02-08
2017-12-310.480.580.120 
2017-11-09
2017-09-300.210.290.0838 
2017-08-10
2017-06-30-0.18-0.130.0527 
2017-06-02
2017-03-31-0.19-0.150.0421 

About Canada Goose Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Canada Goose earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Canada Goose estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Canada Goose fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Earning Before Interest and Taxes EBIT900 K104 M
Earnings per Basic Share(0.09)  0.64 
Earnings per Diluted Share(0.09)  0.63 
Price to Earnings Ratio(366.52) (167.25) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA96.7 M166.4 M
Earnings before Tax-6.1 M92.8 M
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. Canada Goose operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 4353 people.

Canada Goose Investors Sentiment

The influence of Canada Goose's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canada. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Canada Goose's public news can be used to forecast risks associated with investment in Canada. The trend in average sentiment can be used to explain how an investor holding Canada can time the market purely based on public headlines and social activities around Canada Goose Holdings. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Canada Goose's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canada Goose's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canada Goose's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canada Goose.

Canada Goose Implied Volatility

    
  51.95  
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canada Goose in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canada Goose's short interest history, or implied volatility extrapolated from Canada Goose options trading.

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Please check Risk vs Return Analysis. Note that the Canada Goose Holdings information on this page should be used as a complementary analysis to other Canada Goose's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Canada Stock analysis

When running Canada Goose Holdings 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 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 YOY
0.47
Market Capitalization
2.2 B
Quarterly Revenue Growth YOY
0.24
Return On Assets
0.0656
Return On Equity
0.2
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 Canada Goose value 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.