Market Insight: Canada Goose Holdings Inc (GOOS)’s Notable Drop, Closing at 11.82

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In the latest session, Canada Goose Holdings Inc (NYSE: GOOS) closed at $11.82 down -2.15% from its previous closing price of $12.08. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 0.76 million shares were traded. GOOS stock price reached its highest trading level at $12.25 during the session, while it also had its lowest trading level at $11.74.

Ratios:

For a deeper understanding of Canada Goose Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.89. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 2.39 whereas as Long-Term Debt/Eq ratio is at 2.05.

On November 07, 2023, Evercore ISI started tracking the stock assigning a In-line rating and target price of $11.Evercore ISI initiated its In-line rating on November 07, 2023, with a $11 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOOS now has a Market Capitalization of 1148993792 and an Enterprise Value of 1917658880. As of this moment, Canada’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.65, and their Forward P/E ratio for the next fiscal year is 12.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 4.53. Its current Enterprise Value per Revenue stands at 1.434 whereas that against EBITDA is 8.874.

Stock Price History:

Over the past 52 weeks, GOOS has reached a high of $14.75, while it has fallen to a 52-week low of $9.80. The 50-Day Moving Average of the stock is 6.47%, while the 200-Day Moving Average is calculated to be -1.94%.

Shares Statistics:

For the past three months, GOOS has traded an average of 667.72K shares per day and 685850 over the past ten days. A total of 101.36M shares are outstanding, with a floating share count of 50.08M. Insiders hold about 50.60% of the company’s shares, while institutions hold 39.12% stake in the company. Shares short for GOOS as of 1726185600 were 11159060 with a Short Ratio of 16.71, compared to 1723680000 on 11138366. Therefore, it implies a Short% of Shares Outstanding of 11159060 and a Short% of Float of 32.68.

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