Is Canada Goose Stock a Good Investment?
Canada Goose Investment Advice | GOOS |
- Examine Canada Goose's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Canada Goose's leadership team and their track record. Good management can help Canada Goose navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Canada Goose's business and its evolving consumer preferences.
- Compare Canada Goose's performance and market position to its competitors. Analyze how Canada Goose is positioned in terms of product offerings, innovation, and market share.
- Check if Canada Goose pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Canada Goose's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Canada Goose Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Canada Goose Holdings is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Canada Goose Stock
Researching Canada Goose's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 82.0% of the company shares are owned by institutional investors. The book value of Canada Goose was currently reported as 3.7. The company had not issued any dividends in recent years.
To determine if Canada Goose is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Canada Goose's research are outlined below:
| Canada Goose generated a negative expected return over the last 90 days | |
| Canada Goose has a strong financial position based on the latest SEC filings | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: HAIDER ACKERMANN LANCE SA PREMIRE COLLECTION CAPSULE SNOW GOOSE PAR CANADA GOOSE |
Canada Goose uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Canada Goose Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Canada Goose's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 16th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
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. Below are the table of largest EPS Surprises Canada Goose's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-08-14 | 2019-06-30 | -0.24 | -0.21 | 0.03 | 12 | ||
2019-05-29 | 2019-03-31 | 0.05 | 0.09 | 0.04 | 80 | ||
2017-06-02 | 2017-03-31 | -0.19 | -0.15 | 0.04 | 21 | ||
2020-08-11 | 2020-06-30 | -0.4 | -0.35 | 0.05 | 12 | ||
2017-08-10 | 2017-06-30 | -0.18 | -0.13 | 0.05 | 27 | ||
2024-10-30 | 2024-09-30 | -0.02 | 0.04 | 0.06 | 300 | ||
2022-05-19 | 2022-03-31 | -0.02 | 0.04 | 0.06 | 300 | ||
2018-08-09 | 2018-06-30 | -0.22 | -0.16 | 0.06 | 27 |
Know Canada Goose's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Canada Goose is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canada Goose Holdings backward and forwards among themselves. Canada Goose's institutional investor refers to the entity that pools money to purchase Canada Goose's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Pinnacle Associates Inc | 2024-09-30 | 602.3 K | Ameriprise Financial Inc | 2024-06-30 | 601 K | Silvercrest Asset Management Group Llc | 2024-06-30 | 597.7 K | Citigroup Inc | 2024-09-30 | 479.5 K | Scp Investment, Lp | 2024-09-30 | 465 K | Armistice Capital, Llc | 2024-09-30 | 427 K | Mitsubishi Ufj Trust & Banking Corp | 2024-09-30 | 413.6 K | Raymond James & Associates | 2024-09-30 | 333.1 K | Bank Of Montreal | 2024-06-30 | 323.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 12.4 M | Manufacturers Life Insurance Co | 2024-09-30 | 5.6 M |
Canada Goose's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 915.34 M.Market Cap |
|
Canada Goose's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.11 | 0.19 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.14 | 0.23 |
Determining Canada Goose's profitability involves analyzing its financial statements and using various financial metrics to determine if Canada Goose is a good buy. For example, gross profit margin measures Canada Goose's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Canada Goose's profitability and make more informed investment decisions.
Canada Goose's Earnings Breakdown by Geography
Please note, 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. Check Canada Goose's Beneish M Score to see the likelihood of Canada Goose's management manipulating its earnings.
Evaluate Canada Goose's management efficiency
Canada Goose Holdings has return on total asset (ROA) of 0.0578 % which means that it generated a profit of $0.0578 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1968 %, meaning that it created $0.1968 on every $100 dollars invested by stockholders. Canada Goose's management efficiency ratios could be used to measure how well Canada Goose manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canada Goose's Return On Capital Employed is comparatively stable compared to the past year. Return On Equity is likely to gain to 0.23 in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. At this time, Canada Goose's Net Tangible Assets are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 80.1 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 484.1 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.20 | 2.62 | |
| Tangible Book Value Per Share | 2.16 | 1.18 | |
| Enterprise Value Over EBITDA | 9.29 | 8.82 | |
| Price Book Value Ratio | 4.04 | 3.84 | |
| Enterprise Value Multiple | 9.29 | 8.82 | |
| Price Fair Value | 4.04 | 3.84 | |
| Enterprise Value | 2.3 B | 3 B |
The management team at Canada Goose has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 1.291 |
Basic technical analysis of Canada Stock
As of the 28th of November, Canada Goose shows the Mean Deviation of 2.01, standard deviation of 2.73, and Risk Adjusted Performance of (0.07). Canada Goose Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Canada Goose Holdings variance and skewness to decide if Canada Goose Holdings is priced correctly, providing market reflects its regular price of 9.47 per share. Given that Canada Goose has information ratio of (0.15), we suggest you to validate Canada Goose Holdings's prevailing market performance to make sure the company can sustain itself at a future point.Canada Goose's Outstanding Corporate Bonds
Canada Goose issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Canada Goose Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Canada bonds can be classified according to their maturity, which is the date when Canada Goose Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Canada Goose's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Canada Goose's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.44) | |||
| Mean Deviation | 2.01 | |||
| Coefficient Of Variation | (992.31) | |||
| Standard Deviation | 2.73 | |||
| Variance | 7.48 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.45) | |||
| Maximum Drawdown | 16.44 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 3.83 | |||
| Skewness | 0.6672 | |||
| Kurtosis | 2.02 |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.44) | |||
| Mean Deviation | 2.01 | |||
| Coefficient Of Variation | (992.31) | |||
| Standard Deviation | 2.73 | |||
| Variance | 7.48 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.45) | |||
| Maximum Drawdown | 16.44 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 3.83 | |||
| Skewness | 0.6672 | |||
| Kurtosis | 2.02 |
Consider Canada Goose's intraday indicators
Canada Goose intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Canada Goose stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Canada Goose Corporate Filings
6K | 19th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 31st of May 2024 Other Reports | ViewVerify | |
| 16th of May 2024 Other Reports | ViewVerify |
Canada Stock media impact
Far too much social signal, news, headlines, and media speculation about Canada Goose that are available to investors today. That information is available publicly through Canada media outlets and privately through word of mouth or via Canada internal channels. However, regardless of the origin, that massive amount of Canada data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Canada Goose news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Canada Goose relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Canada Goose's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Canada Goose alpha.
Canada Goose Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Canada Goose can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Canada Goose Corporate Directors
| JeanMarc Huet | Independent Director | Profile | |
| John Davison | Independent Director | Profile | |
| Jodi Butts | Independent Director | Profile | |
| Joshua Bekenstein | Director | Profile |
Additional Tools for Canada Stock Analysis
When running Canada Goose's 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 the 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.