Canada Stock Today

GOOS
 Stock
  

USD 20.46  0.99  4.62%   

Market Performance
6 of 100
Odds Of Distress
Less than 11
Canada Goose is selling at 20.46 as of the 9th of August 2022; that is -4.62% down since the beginning of the trading day. The stock's lowest day price was 20.3. Canada Goose has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading 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 10th of July 2022 and ending today, the 9th of August 2022. Click here to learn more.
CUSIP
135086106
Fiscal Year End
March
Business Domain
Consumer Durables & Apparel
IPO Date
16th of March 2017
Category
Consumer Cyclical
Classification
Consumer Discretionary
ISIN
CA1350861060
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 55.86 M outstanding shares of which 8.71 M shares are currently shorted by private and institutional investors with about 11.82 trading days to cover. More on Canada Goose Holdings

Canada Goose 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Canada Goose has very high historical volatility over the last 90 days
Over 91.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Is Canada Goose Holdings A Risky Investment - Simply Wall St
CEOPaul Hubner
Thematic IdeaApparel (view all)
Fama & French Classification
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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Canada Goose Holdings based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Canada Goose Holdings financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares112.9 M106.1 M
Notably Up
Increasing
Slightly volatile
Weighted Average Shares Diluted114.6 M106.1 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations118.4 M151.6 M
Significantly Down
Decreasing
Slightly volatile
Total Assets1.1 B1.3 B
Significantly Down
Decreasing
Slightly volatile
Total Liabilities652.1 M912.7 M
Way Down
Decreasing
Slightly volatile
Current Assets618.7 M762.3 M
Significantly Down
Decreasing
Slightly volatile
Current Liabilities220.1 M281.5 M
Significantly Down
Decreasing
Slightly volatile
Total Debt403.1 M620.7 M
Way Down
Decreasing
Slightly volatile
Return on Average Assets0.11(0.006)
Way Up
Increasing
Slightly volatile
Gross Margin0.690.691
Slightly Down
Decreasing
Slightly volatile
Asset Turnover0.720.157
Way Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Canada Goose's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Financial Strength
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.
Share Download
Share Download
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.
Canada Goose Holdings (GOOS) is traded on New York Stock Exchange in USA. It is located in 250 Bowie Avenue and employs 4,353 people. Canada Goose is listed under Apparel category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.14 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 these looking for more risk prefer small-cap and mid-cap equities. Canada Goose Holdings conducts business under Consumer Cyclical sector and is part of Apparel Manufacturing industry. The entity has 55.86 M outstanding shares of which 8.71 M shares are currently shorted by private and institutional investors with about 11.82 trading days to cover. Canada Goose Holdings currently holds about 287.7 M in cash with 151.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.73.
Check Canada Goose Probability Of Bankruptcy
Ownership
Canada Goose Holdings retains a total of 55.86 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 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.

Ownership Allocation (%)

Check Canada Ownership Details

Canada Stock Price Odds Analysis

What are Canada Goose's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of Canada Goose jumping above the current price in 90 days from now is about 18.32%. 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 1.9315. 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, the company has an alpha of 0.0705, implying that it can generate a 0.0705 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 20.46HorizonTargetOdds Above 20.46
81.54%90 days
 20.46 
18.32%
Based on a normal probability distribution, the odds of Canada Goose to move above the current price in 90 days from now is about 18.32 (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 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.
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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.

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 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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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 Huet - Independent DirectorProfile
John Davison - Independent DirectorProfile
Jodi Butts - Independent DirectorProfile
Joshua Bekenstein - DirectorProfile

Invested in Canada Goose Holdings?

You need to understand the risk of investing before taking a position in Canada Goose. 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 Shape 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.
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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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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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
2.1 B
Quarterly Revenue Growth YOY
0.068
Return On Assets
0.0729
Return On Equity
0.19
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.