TSE:GOOS
50.97
0.35
(0.69%)
Canada Goose Inc. is a Canadian manufacturer of winter clothing. The company was founded in 1957 by Sam Tick, under the name Metro Sportswear Ltd.
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Analysis and Opinions about GOOS-T
Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company still looks good for growth even with the good gains this year. It is at 32x 2022 earnings. Earnings are increasing nicely. The balance sheet is looking okay and the Asian economic recovery will be a tailwind. A good growth stock. Unlock Premium - Try 5i Free
BUY
BUY
April 6, 2021
Allan Tong’s Discover Picks In early February, GOOS stock reported a blow-out beat of its Q3 revenues and profits, and shares popped nearly 30%. Much credit goes to its e-commerce channel, where online sales have jumped 39.3% in that quarter to allowed Canada Goose to post revenue growth for the first time during Covid. Keep in mind that GOOS had to close 25% of its stores during lockdowns and will benefit as a covid vaccination stock once shoppers can return to stores. Read April Showers and Flowers: 4 Covid Vaccination Stocks to Buy and Sell for our full analysis.
Show full opinionHide full opinion
Allan Tong’s Discover Picks In early February, GOOS stock reported a blow-out beat of its Q3 revenues and profits, and shares popped nearly 30%. Much credit goes to its e-commerce channel, where online sales have jumped 39.3% in that quarter to allowed Canada Goose to post revenue growth for the first time during Covid. Keep in mind that GOOS had to close 25% of its stores during lockdowns and will benefit as a covid vaccination stock once shoppers can return to stores. Read April Showers and Flowers: 4 Covid Vaccination Stocks to Buy and Sell for our full analysis.
TOP PICK
TOP PICK
April 5, 2021
This is a secular growth stock. They have been expanding rapidly in Asia. They are working on their e-commerce channels as it gives them a margin uplift vs. selling coats through third party retailers. They are also increasing their in-sourcing manufacturing so as to have better control over product quality. They are making key hires in the marketing and branding groups. It has pulled back after blockbuster numbers came out. (Analysts’ price target is $61.67)
Show full opinionHide full opinionThis is a secular growth stock. They have been expanding rapidly in Asia. They are working on their e-commerce channels as it gives them a margin uplift vs. selling coats through third party retailers. They are also increasing their in-sourcing manufacturing so as to have better control over product quality. They are making key hires in the marketing and branding groups. It has pulled back after blockbuster numbers came out. (Analysts’ price target is $61.67)
TOP PICK
TOP PICK
January 7, 2021
Very strong brand. Sales growing quickly, 33% compound rate over last 3 years, by expanding geographically and improving e-commerce channel. Margins have been improving. Lots of room to grow over a multi-year timeframe. No dividend. (Analysts’ price target is $35.31)
Show full opinionHide full opinionVery strong brand. Sales growing quickly, 33% compound rate over last 3 years, by expanding geographically and improving e-commerce channel. Margins have been improving. Lots of room to grow over a multi-year timeframe. No dividend. (Analysts’ price target is $35.31)
PAST TOP PICK
PAST TOP PICK
December 10, 2020
(A Top Pick Aug 11/20, Up 20.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK in GOOS has triggered our trailing stop at $40. We are recommending covering the remaining position at this point to remain disciplined. Combined with our prior recommendation to cover half at $44, this provides a 26.6% total return on the total position.
Show full opinionHide full opinion(A Top Pick Aug 11/20, Up 20.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK in GOOS has triggered our trailing stop at $40. We are recommending covering the remaining position at this point to remain disciplined. Combined with our prior recommendation to cover half at $44, this provides a 26.6% total return on the total position.
HOLD
HOLD
December 1, 2020
He owns a smidgen. Likes it and what they're doing. Victim of pandemic. Expensive stock going into the pandemic. It will come back and regain some of its cache. Protests against its use of animal products, and if these gain steam, GOOS could suffer.
Show full opinionHide full opinionHe owns a smidgen. Likes it and what they're doing. Victim of pandemic. Expensive stock going into the pandemic. It will come back and regain some of its cache. Protests against its use of animal products, and if these gain steam, GOOS could suffer.
HOLD
HOLD
November 25, 2020
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The pullback due to BTIG downgrading does not change the positive outlook. The stock has risen 60% so it is probably an easy downgrade. The company and brand remains in high esteem. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The pullback due to BTIG downgrading does not change the positive outlook. The stock has risen 60% so it is probably an easy downgrade. The company and brand remains in high esteem. Unlock Premium - Try 5i Free
WEAK BUY
WEAK BUY
November 17, 2020
It has great exposure to China and is a strong brand. Likes it. The balance sheet is okay, but sales should increase next year in China where they are recovering far better from Covid than we are in the West. That said, the stock is pricey.
Show full opinionHide full opinionIt has great exposure to China and is a strong brand. Likes it. The balance sheet is okay, but sales should increase next year in China where they are recovering far better from Covid than we are in the West. That said, the stock is pricey.
BUY WEAKNESS
BUY WEAKNESS
November 9, 2020
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. With today’s coronavirus vaccine news, consumer discretionary stocks will be a big sector. At these prices, GOOS looks good. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. With today’s coronavirus vaccine news, consumer discretionary stocks will be a big sector. At these prices, GOOS looks good. Unlock Premium - Try 5i Free
PAST TOP PICK
PAST TOP PICK
November 5, 2020
(A Top Pick Aug 11/20, Up 27.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK, has retraced in value. Although sales in China are up 30% in the past quarter, we are recommending to raise the trailing stop to $40.
Show full opinionHide full opinion(A Top Pick Aug 11/20, Up 27.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK, has retraced in value. Although sales in China are up 30% in the past quarter, we are recommending to raise the trailing stop to $40.
PAST TOP PICK
PAST TOP PICK
October 1, 2020
(A Top Pick Aug 11/20, Up 32.7%)Stockchase Research Editor: Michael O'Reilly We have been impressed with the pre-season rally and GOOS has achieved our first price objective. We are recommending to take 50% off the table here and trail the stop-loss up to $34, just above the intial Top Pick entry level.
Show full opinionHide full opinion(A Top Pick Aug 11/20, Up 32.7%)Stockchase Research Editor: Michael O'Reilly We have been impressed with the pre-season rally and GOOS has achieved our first price objective. We are recommending to take 50% off the table here and trail the stop-loss up to $34, just above the intial Top Pick entry level.
TOP PICK
TOP PICK
August 11, 2020
One has to think counter-seasonally when it comes to owning GOOS. The best time to buy is the latter part of summer, ahead of the winter shopping season. The company has invested in expanding the direct to consumer sales strategy. China is being targeted as a growing market for the company. There is some speculation this company could be ripe for buyout as well. We would use $26 as a stop loss and see upside towards $44. Yield 0%. (Analysts’ price target is $44.09)
Show full opinionHide full opinionOne has to think counter-seasonally when it comes to owning GOOS. The best time to buy is the latter part of summer, ahead of the winter shopping season. The company has invested in expanding the direct to consumer sales strategy. China is being targeted as a growing market for the company. There is some speculation this company could be ripe for buyout as well. We would use $26 as a stop loss and see upside towards $44. Yield 0%. (Analysts’ price target is $44.09)
WAIT
WAIT
June 8, 2020
He does not own it because it is a volatile stock. It has been hurt badly by US/China tensions. It is very well managed and they are smart on how they are handling their inventories. They are focusing on their own stores because they are three times more profitable than going through other retailers. It won't come back any time soon but there is potential. The pandemic hit them at the best time for them because it was after their winter sales. It may be better for them this fall.
Show full opinionHide full opinionHe does not own it because it is a volatile stock. It has been hurt badly by US/China tensions. It is very well managed and they are smart on how they are handling their inventories. They are focusing on their own stores because they are three times more profitable than going through other retailers. It won't come back any time soon but there is potential. The pandemic hit them at the best time for them because it was after their winter sales. It may be better for them this fall.
DON'T BUY
DON'T BUY
March 13, 2020
As China was a growth place for them the virus has impacted them. It has always traded at a high multiple and this now coming down; however, there are just so many other opportunities out there. She also does not like how so much of their items are sold at airports.
Show full opinionHide full opinionAs China was a growth place for them the virus has impacted them. It has always traded at a high multiple and this now coming down; however, there are just so many other opportunities out there. She also does not like how so much of their items are sold at airports.
DON'T BUY
DON'T BUY
March 10, 2020
He's followed this since the IPO, but won't buy it. They sell luxury goods at a high price point, and Canadians are over-leveraged. It'll be tough to open more stores in China because of poor China-Canada relations and coronavirus. Also, the earnings forecast have been moving down. Maybe there's a better entry point later.
Show full opinionHide full opinionHe's followed this since the IPO, but won't buy it. They sell luxury goods at a high price point, and Canadians are over-leveraged. It'll be tough to open more stores in China because of poor China-Canada relations and coronavirus. Also, the earnings forecast have been moving down. Maybe there's a better entry point later.
Canada Goose Holdings(GOOS-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 9
Canada Goose Holdings(GOOS-T) Frequently Asked Questions
What is Canada Goose Holdings stock symbol?
Canada Goose Holdings is a Canadian stock, trading under the symbol GOOS-T on the Toronto Stock Exchange (GOOS-CT). It is usually referred to as TSX:GOOS or GOOS-T
Is Canada Goose Holdings a buy or a sell?
In the last year, 9 stock analysts published opinions about GOOS-T. 7 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. Read the latest stock experts' ratings for Canada Goose Holdings.
Is Canada Goose Holdings a good investment or a top pick?
Canada Goose Holdings was recommended as a Top Pick by Stockchase Insights on 2021-04-16. Read the latest stock experts ratings for Canada Goose Holdings.
Why is Canada Goose Holdings stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Canada Goose Holdings worth watching?
9 stock analysts on Stockchase covered Canada Goose Holdings In the last year. It is a trending stock that is worth watching.
What is Canada Goose Holdings stock price?
On 2021-04-16, Canada Goose Holdings (GOOS-T) stock closed at a price of $50.97.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company still looks good for growth even with the good gains this year. It is at 32x 2022 earnings. Earnings are increasing nicely. The balance sheet is looking okay and the Asian economic recovery will be a tailwind. A good growth stock. Unlock Premium - Try 5i Free