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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

According to the reviews, the consumer discretionary spending is facing challenges, especially in China. The company's guidance cut was larger than expected and the transition to a new CFO has caused investor concern. However, despite the slowdown in sales momentum, analysts still expect earnings growth in the next two years. The company's revenue beat estimates, but the lower earnings outlook has weighed on shares.

Consensus
Bearish
Valuation
Undervalued
DON'T BUY

Great company and brand, iconic. Don't buy. Chart is terrible. Darling of an IPO, up to a screaming high, back down to earth. Proxy for Canada-China and US-China relations. A play on consumer discretionary spending. Saturated in Canada, and their coats last forever so only need one.

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DON'T BUY

Consumer discretionary spending is challenged, especially out of China. A pivot in interest rates would change his tune.

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BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

While slashing guidance may be prudent, investors still react to expectations vs reality. The guidance cut was likely bigger than most expected. In addition, the company is transitioning to a new CFO which generally causes some investor angst. GOOS said sales momentum began to 'slow noticeably' in September. With China struggling, investors are just preferring to sit this one out, for now. 3Q revenue guidance dropped to $575M to $700M, vs estimates of $727M, a not-igsignificant drop if it comes in at the lower end of the range. Debt may also be a worry here. Still, at 11X earnings now, it is historically cheap, and despite the forecast analysts still expect earnings growth over the next two years. 
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HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

Revenue of $293 mln beat estimates of $259 mln and EPS of $0.14 beat estimates of $0.11. For revenues, the outlook for the next year was in-line but the EPS outlook came in lower than expected which is likely what is weighing on shares. Total revenues grew 31% for the quarter and the company is working to expand their direct to consumer channel as well as diversifying into different types of apparel. We think the quarter looked ok and demand trends appear to remain strong but the lower earnings guide was not ideal. 
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clothing
BUY
Allan Tong’s Discover Picks GOOS has been beaten up, but it’s time for it to rise again as China reopens. Shares popped 3.5% Monday morning on the momentum from China (the TSX market rallied less than 1%). GOOS pays no dividend and its beta is 1.44, so there’s some risk. Shares trade at 33.36x PE and have risen (along with the share price) from 24.4x two months ago. However, a year ago, this valuation surpassed 42x. Read 3 Reopening Stocks for China’s Return for our full analysis.
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COMMENT
Shares haven't done much lately, basing at $20. The latest news from China (of the government easing lockdowns) has given a little optimism and helped GOOS, but be extremely careful. A few days of positive headlines means little, but if the situation there is positive next April then we could be out of the woods. It's a consumer stock, and high-end consumer demand hasn't fallen.
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premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick May 26/22, Down 16.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with GOOS has triggered its stop at $21. To remain disciplined, we recommend covering the position at this time.
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WAIT
Key worry about expansion they'll be able to do in China. Price has declined, but if we hit a recession, disposable income will pull back a bit. Still facing cost headwinds, margins will tighten, so you might get it for cheaper.
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PAST TOP PICK
(A Top Pick Oct 05/21, Down 50%) Shares have been beaten unfairly. It's a discretionary luxury retailer. Some feel that demand for luxury goods has been satiated, but GOOS' parks are essential outwear. Plus, it's an iconic brand. Also, they are expanding in the US and Europe, though bumpy in China. Sales are fine, though there is margin compression which may presage a downtown in earnings, but he's holding on. Shares will rally.
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DON'T BUY
Has owned this in the past, but not now. Probably with high inflation and slowing economy, GOOS is vulnerable to weaker sales. Long term, this will show secular growth. Has a geographic expansion story in China and is a class brand. Have been problems in China in recent years with rolling Covid lockdowns, and travel needs to return (tourists buying coats in Banff, for instance). Shares could decline further if the economy slows down. But long term this will grow. But he isn't buying this now.
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Unspecified
It has under-performed but the near term outlook for China is favourable for Canada Goose. The recent uptrend should continue based on investors' recession views - deep or not. The second question was on Maple Leaf Foods. It had a massive drop of 16% last week which provides an opportunity to buy.
clothing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly Summer is not the time to think about parkas, but it is a great time to buy the stock of GOOS. Recently reported earnings beat expectations and recorded the company's record sales of over $1 billion and management guidance expects $1.3-$1.4 billion in 2022. Online sales margins are 76%. Non-parka revenues were up 70%. The company plans expansion into South Korea and Japan in 2023 to add to its Asian foot print that now includes China. We recommend a stop loss at $21, looking to achieve $39.50 -- upside potential over 50%. Yield 0% (Analysts’ price target is $39.20)
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premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

GOOS shares dove over 27% in the first quarter this year, and China, a big buyer of these famous coats, is a headwind given that country's lockdowns Add to that inflation and supply issues effecting almost every business on the planet.

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BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Overall likes the stock. The Japan deal to expand their relationship with Sazaby is positive. The joint venture should generate total revenues of 60-65M CAD in Fiscal 2023. Good prospects in a recovery world. China’s growth could be a headwind, since it is still closely tied to their performance. Unlock Premium - Try 5i Free

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PAST TOP PICK
(A Top Pick Jan 07/21, Up 12%) Volatile. Attracts a lot of skepticism, especially in the US, but keeps beating on sales and earnings. Sensational brand, very little substitute for the products. Under-penetrated outside our cold northern climes. Consensus growth is sales 25%, earnings 48%. Pullback is buyable. Look at historical post-earnings reactions; the stock can pop.
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Showing 1 to 15 of 112 entries

Canada Goose Holdings(GOOS-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Canada Goose Holdings is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 3 stock analysts published opinions about GOOS-T. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

3 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 2024-06-13, Canada Goose Holdings (GOOS-T) stock closed at a price of $18.27.