How much can investors make with Canada Goose Holdings Inc (GOOS) stock in the next 12 months?

Canada Goose Holdings Inc [GOOS] stock is trading at $12.67, up 6.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GOOS shares have gain 20.55% over the last week, with a monthly amount glided 12.12%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Canada Goose Holdings Inc [NYSE: GOOS] stock has seen the most recent analyst activity on July 23, 2024, when Raymond James downgraded its rating to a Mkt Perform. On November 07, 2023, Evercore ISI initiated with a In-line rating and assigned a price target of $11 on the stock. Wells Fargo downgraded its rating to a Equal Weight. TD Cowen downgraded its rating to a Market Perform and reduced its price target to $15 on October 19, 2023. In a note dated May 02, 2023, Barclays downgraded an Equal Weight rating on this stock.

Canada Goose Holdings Inc [GOOS] stock has fluctuated between $9.80 and $15.09 over the past year. Currently, Wall Street analysts expect the stock to reach $21.69 within the next 12 months. Canada Goose Holdings Inc [NYSE: GOOS] shares were valued at $12.67 at the most recent close of the market. An investor can expect a potential return of 71.19% based on the average GOOS price forecast.

Analyzing the GOOS fundamentals

Canada Goose Holdings Inc [NYSE:GOOS] reported sales of 988.86M for the trailing twelve months, which represents a growth of 1.97%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.16 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.63.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.11 points at the first support level, and at 11.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.04, and for the 2nd resistance point, it is at 13.42.

Ratios To Look Out For

For context, Canada Goose Holdings Inc’s Current Ratio is 2.14. As well, the Quick Ratio is 0.63, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 4.85 and price to earnings (TTM) ratio is 29.64.

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