Canada Goose Stock Target Price and Analyst Consensus

GOOS
 Stock
  

USD 20.46  0.99  4.62%   

The current analyst and expert consensus on Canada Goose is Hold, with 0 strong sell and 3 strong buy opinions. The current projected Canada Goose target price consensus is 45.63 with 7 analyst opinions. The most common way Canada Goose Holdings analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Canada Goose executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Canada Goose. We strongly encourage you to use your own analysis of Canada Goose Holdings to validate this buy or sell advice. Canada Goose buy-or-sell recommendation module provides average expert sentiment on the projected Canada Goose Holdings target price to derive its highest and lowest estimates based on projected price volatility of 10.421. Please check Macroaxis Advice on Canada Goose to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
As of 08/10/2022, Gross Profit is likely to grow to about 353.1 M. Also, Profit Margin is likely to grow to 0.07.

Canada Goose Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Canada target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts performance other than comparing it to the past results via a very sophisticated attribution analysis. Canada target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions6
Lowered Outlook0
Raized Outlook0
Hold
Most Canada analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Canada stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Canada Goose Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Canada Goose Target Price Projection

Canada Goose's current and average target prices are 20.46 and 45.63, respectively. The current price of Canada Goose is the price at which Canada Goose Holdings is currently trading. On the other hand, Canada Goose's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Canada Goose Market Quote on 10th of August 2022

Low Price20.3Odds
High Price21.26Odds

20.46

Target Price

Analyst Consensus On Canada Goose Target Price

Low Estimate28.0Odds
High Estimate56.0Odds
Number of Analysts7
Standard Deviation10.421

45.627

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Canada Goose Holdings and the information provided on this page.

Canada Goose Analyst Ratings

Canada Goose's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Canada Goose stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Canada Goose's financials, market performance, and future outlook by experienced professionals. Canada Goose's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Canada Goose Target Price Projections

Canada Goose's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Canada Goose Holdings and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Canada depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Canada Goose Holdings including analysis of its current option contracts.
Canada Goose's latest option contracts expiring on 2022-08-12 are carrying combined implied volatility of 201.37 with a put-to-call open interest ratio of 0.14 over 62 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2022-08-12. The current put volume is at 392, with calls trading at the volume of 621. This yields a 0.63 put-to-call volume ratio. The Canada Goose option chain provides detailed quote and price information for the current Canada Goose Holdings option contracts. It shows all of Canada Goose's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-08-12 Option Contracts

Canada Goose option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Canada Goose's lending market. For example, when Canada Goose's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Canada Goose, he or she must hedge the risk by shorting Canada Goose stock over its option's life.
The chart above shows Canada Goose's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Canada Goose's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Canada Goose's option, there is no secondary market available for investors to trade.

Canada Goose Maximum Pain Price across 2022-08-12 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Canada Goose close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Canada Goose's stock options are financial instruments that give investors the right to buy or sell shares of Canada Goose Holdings common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Canada stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Canada Goose's stock price goes up or down, the stock options follow.
Please check Macroaxis Advice on Canada Goose to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Canada Goose Holdings In The Money Call Balance

When Canada Goose's strike price is surpassing the current stock price, the option contract against Canada Goose Holdings stock is said to be in the money. When it comes to buying Canada Goose's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Canada Goose Holdings are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Canada Current Options Market Mood

Canada Goose's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Canada Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Canada Goose's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Canada Goose's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Canada Goose's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Canada Goose Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Canada Goose is a key component of Canada Goose valuation and have some predictive power on the future returns of a Canada Goose.
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
16.5920.4424.29
Details
Intrinsic
Valuation
LowReal ValueHigh
18.4125.8129.66
Details
Naive
Forecast
LowNext ValueHigh
16.8620.7124.56
Details
Earnings
Estimates (2)
LowProjected EPSHigh
1.041.061.08
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.

Additional Canada Goose Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Canada Goose is a key component of Canada Goose valuation and have some predictive power on the future returns of a Canada Goose.
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
16.5920.4424.29
Details
Intrinsic
Valuation
LowReal ValueHigh
18.4125.8129.66
Details
Naive
Forecast
LowNext ValueHigh
16.8620.7124.56
Details
Earnings
Estimates (2)
LowProjected EPSHigh
1.041.061.08
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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
ISP
Invested over 20 shares
Macroaxis Index
Invested over 20 shares
Please check Macroaxis Advice on Canada Goose to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 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 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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The data published in Canada Goose's official financial statements usually reflect Canada Goose's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Canada Goose Holdings. For example, before you start analyzing numbers published by Canada accountants, it's critical to develop an understanding of what Canada Goose's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Canada Goose's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canada Goose's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Canada Goose's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Canada Goose Holdings. Please utilize our Beneish M Score to check the likelihood of Canada Goose's management to manipulate its earnings.