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Canada Goose Holdings Inc. (NYSE:GOOS - Get Rating)'s share price fell 5.9% during mid-day trading on Monday after Barclays lowered their price target on the stock from $32.00 to $26.00. Barclays currently has an overweight rating on the stock. Canada Goose traded as low as $19.01 and last traded at $19.12. 30,955 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 1,389,531 shares. The stock had previously closed at $20.31.

A number of other research analysts also recently issued reports on GOOS. CIBC reduced their price target on shares of Canada Goose from C$67.00 to C$45.00 in a research report on Friday, February 11th. Zacks Investment Research upgraded shares of Canada Goose from a "sell" rating to a "hold" rating in a research report on Tuesday, April 19th. Veritas Investment Research upgraded shares of Canada Goose from a "reduce" rating to a "buy" rating in a research report on Monday, February 14th. Credit Suisse Group cut their price objective on shares of Canada Goose from C$48.00 to C$37.00 in a research report on Friday, May 20th. Finally, OTR Global downgraded shares of Canada Goose from a "mixed" rating to a "negative" rating in a research report on Friday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $36.82.

A number of institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its stake in shares of Canada Goose by 95.5% in the 4th quarter. Russell Investments Group Ltd. now owns 27,177 shares of the company's stock worth $1,007,000 after purchasing an additional 13,275 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Canada Goose in the 3rd quarter worth approximately $218,000. Columbia Asset Management grew its stake in shares of Canada Goose by 25.4% in the 3rd quarter. Columbia Asset Management now owns 7,400 shares of the company's stock worth $264,000 after purchasing an additional 1,500 shares during the last quarter. National Bank of Canada FI acquired a new position in shares of Canada Goose in the 4th quarter worth approximately $961,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Canada Goose by 50.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,637 shares of the company's stock worth $316,000 after purchasing an additional 2,894 shares during the last quarter. 42.99% of the stock is currently owned by hedge funds and other institutional investors.

The company's 50 day moving average price is $23.19 and its 200-day moving average price is $30.85. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 0.48 and a beta of 1.62. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.42 and a current ratio of 2.36.

Canada Goose (NYSE:GOOS - Get Rating) last released its earnings results on Thursday, May 19th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.02. The business had revenue of $223.10 million for the quarter, compared to the consensus estimate of $223.46 million. Canada Goose had a net margin of 8.52% and a return on equity of 24.35%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm posted $0.01 earnings per share. As a group, sell-side analysts forecast that Canada Goose Holdings Inc. will post 1.34 earnings per share for the current year.

About Canada Goose (NYSE:GOOS)

Canada Goose Holdings Inc designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia, Europe, and internationally. It operates through three segments: Direct-to-Consumer, Wholesale, and Other. The company offers parkas, lightweight down jackets, rainwear, windwear, knitwear, footwear, and accessories for fall, winter, and spring seasons.

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