TSE:GOOS
39.30
1.22
(3.20%)
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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Canada Goose Holdings
GOOS-T
Analysis and Opinions about GOOS-T
Signal
Opinion
Expert
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 opinion
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)
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.
BUY
BUY
February 27, 2020
Last time he was on in January he said it would go to $37 and it is at $36.01. His model price is $41. This was forecast before CoVid19. It now has fundamental value. He is looking at moving to a full position.
Show full opinionHide full opinionLast time he was on in January he said it would go to $37 and it is at $36.01. His model price is $41. This was forecast before CoVid19. It now has fundamental value. He is looking at moving to a full position.
TOP PICK
TOP PICK
February 26, 2020
A contrarian play right now. In 12 months from now the markets will have stabilized and valuations will return. It trades at 4 times sales -- in line with Lulu Lemon. The company has guided lower for the next two quarters, so be patient. Yield 0% (Analysts’ price target is $52.21)
A contrarian play right now. In 12 months from now the markets will have stabilized and valuations will return. It trades at 4 times sales -- in line with Lulu Lemon. The company has guided lower for the next two quarters, so be patient. Yield 0% (Analysts’ price target is $52.21)
DON'T BUY
DON'T BUY
February 19, 2020
Chance to double? He is not surprised to see it down 40% on the year. The capitalization makes no sense to him -- although he admits to not being to familiar with their balance sheet. He thought this was a good short a while ago. They have done well, but the price point for their products seems way to high for his liking. This will get hurt as the economy begins to sputter.
Show full opinionHide full opinionChance to double? He is not surprised to see it down 40% on the year. The capitalization makes no sense to him -- although he admits to not being to familiar with their balance sheet. He thought this was a good short a while ago. They have done well, but the price point for their products seems way to high for his liking. This will get hurt as the economy begins to sputter.
BUY WEAKNESS
BUY WEAKNESS
February 18, 2020
A great global brand, impacted by the virus, but the virus will pass. There's demand for their jackets and there's still room for them to expand in retail. Buying distressed luxury brands on weakness is a good idea.
Show full opinionHide full opinionA great global brand, impacted by the virus, but the virus will pass. There's demand for their jackets and there's still room for them to expand in retail. Buying distressed luxury brands on weakness is a good idea.
BUY
BUY
February 5, 2020
ATZ vs. Canada Goose He gives the edge to Canada Goose, though it's taking a hit from the coronavirus. He'd pick away at Canada Goose on a valuation basis. He's less familiar with ATZ. If Goose has more foreign/American exposure, he'd go with Goose (unless ATZ has more exposure).
ATZ vs. Canada Goose He gives the edge to Canada Goose, though it's taking a hit from the coronavirus. He'd pick away at Canada Goose on a valuation basis. He's less familiar with ATZ. If Goose has more foreign/American exposure, he'd go with Goose (unless ATZ has more exposure).
BUY
BUY
January 31, 2020
He does not own it. They are conservative on the guidance and they have been beating their projections. Globally Canada has a good name. He thinks it is similar to owning Lululemon. He likes the management team. He likes this as a long term buy at these levels now.
Show full opinionHide full opinionHe does not own it. They are conservative on the guidance and they have been beating their projections. Globally Canada has a good name. He thinks it is similar to owning Lululemon. He likes the management team. He likes this as a long term buy at these levels now.
WAIT
WAIT
January 23, 2020
Run its course. Downgraded it. Got ahead of itself. Not a big fan of consumer retailers. Shy away and wait, or look at other sectors.
Show full opinionHide full opinionRun its course. Downgraded it. Got ahead of itself. Not a big fan of consumer retailers. Shy away and wait, or look at other sectors.
WATCH
WATCH
January 20, 2020
GOOS-T vs. LULU-Q. He follows them. He would like to own LLL-T. GOOS-T has come off their all time highs about 50%. He either needs to see their earnings grow or their stock price drop. He is looking at it. Both are extremely well run companies with strong brands. They have excellent management teams and strong franchises. GOOS-T would be his preference from a valuation perspective.
GOOS-T vs. LULU-Q. He follows them. He would like to own LLL-T. GOOS-T has come off their all time highs about 50%. He either needs to see their earnings grow or their stock price drop. He is looking at it. Both are extremely well run companies with strong brands. They have excellent management teams and strong franchises. GOOS-T would be his preference from a valuation perspective.
DON'T BUY
DON'T BUY
January 16, 2020
Problem is the highs are getting lower and the lows were getting lower. Stock is possibly consolidating. But you really need it to break out. An OK entry point might be around $50-55. Not the kind of stock he buys.
Show full opinionHide full opinionProblem is the highs are getting lower and the lows were getting lower. Stock is possibly consolidating. But you really need it to break out. An OK entry point might be around $50-55. Not the kind of stock he buys.
COMMENT
COMMENT
January 13, 2020
He prefers LVMH because it has global and product diversification, the top luxury brand. GOOS appeals more to a niche market. Both will do well as US-China relations warm. Chinese consumers will drive the sales of both companies.
BUY WEAKNESS
BUY WEAKNESS
January 10, 2020
He likes the company and owns some personal shares. He is happy with the downdraft in the price as he has a model price of $52.88. However, he could see $37 trade, so he might wait to add to more of his position.
Show full opinionHide full opinionHe likes the company and owns some personal shares. He is happy with the downdraft in the price as he has a model price of $52.88. However, he could see $37 trade, so he might wait to add to more of his position.
Canada Goose Holdings(GOOS-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 6
Total Signals / Votes : 12
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, 12 stock analysts published opinions about GOOS-T. 6 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Research on 2020-08-11. 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?
12 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 2020-09-25, Canada Goose Holdings (GOOS-T) stock closed at a price of $39.3.
