Canada Goose Holdings Inc. $GOOS Shares Bought by Scheer Rowlett & Associates Investment Management Ltd.

Scheer Rowlett & Associates Investment Management Ltd. lifted its holdings in Canada Goose Holdings Inc. (NYSE:GOOS - Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,047,971 shares of the company's stock after purchasing an additional 27,170 shares during the quarter. Canada Goose accounts for approximately 0.8% of Scheer Rowlett & Associates Investment Management Ltd.'s holdings, making the stock its 28th largest position. Scheer Rowlett & Associates Investment Management Ltd. owned approximately 1.08% of Canada Goose worth $11,728,000 as of its most recent SEC filing.

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A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Public Employees Retirement System of Ohio lifted its holdings in Canada Goose by 5.8% in the second quarter. Public Employees Retirement System of Ohio now owns 16,791 shares of the company's stock worth $187,000 after purchasing an additional 914 shares during the period. TD Asset Management Inc increased its stake in Canada Goose by 3.3% during the 1st quarter. TD Asset Management Inc now owns 51,512 shares of the company's stock valued at $408,000 after buying an additional 1,656 shares during the period. Mackenzie Financial Corp raised its position in shares of Canada Goose by 8.7% during the 1st quarter. Mackenzie Financial Corp now owns 23,223 shares of the company's stock worth $184,000 after buying an additional 1,864 shares in the last quarter. Versor Investments LP raised its position in shares of Canada Goose by 14.3% during the 2nd quarter. Versor Investments LP now owns 38,988 shares of the company's stock worth $436,000 after buying an additional 4,888 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Canada Goose by 62.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 22,693 shares of the company's stock worth $180,000 after acquiring an additional 8,690 shares during the period. 83.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Wall Street Zen lowered shares of Canada Goose from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Baird R W raised Canada Goose from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 26th. Evercore ISI lifted their price target on Canada Goose from $11.00 to $12.00 and gave the company an "in-line" rating in a research report on Friday. Barclays dropped their target price on shares of Canada Goose from $14.00 to $13.00 and set an "equal weight" rating on the stock in a report on Friday, August 1st. Finally, Robert W. Baird set a $28.00 target price on shares of Canada Goose in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $15.33.

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Get Our Latest Stock Report on GOOS

Canada Goose Stock Performance

Canada Goose stock opened at $12.60 on Friday. Canada Goose Holdings Inc. has a fifty-two week low of $6.73 and a fifty-two week high of $15.43. The firm's 50 day simple moving average is $13.67 and its 200-day simple moving average is $12.18. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.02 and a quick ratio of 0.89. The company has a market cap of $1.22 billion, a P/E ratio of 69.97, a price-to-earnings-growth ratio of 1.15 and a beta of 1.64.

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Canada Goose (NYSE:GOOS - Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06). Canada Goose had a return on equity of 14.87% and a net margin of 1.96%.The firm had revenue of $195.63 million during the quarter, compared to analyst estimates of $274.05 million. During the same period in the prior year, the business posted $0.05 EPS. The company's revenue for the quarter was up 1.8% on a year-over-year basis. As a group, equities research analysts predict that Canada Goose Holdings Inc. will post 0.7 EPS for the current year.

About Canada Goose

Canada Goose Holdings Inc, together with its subsidiaries, 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, and Africa. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other.

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