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Canada Goose (GOOS) Stock Sinks As Market Gains: Here's Why
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Canada Goose (GOOS - Free Report) closed the most recent trading day at $14.73, moving -3.35% from the previous trading session. This change lagged the S&P 500's daily gain of 0.07%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.18%.
Shares of the high-end coat maker witnessed a gain of 32.41% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.27%, and the S&P 500's gain of 5.71%.
The investment community will be paying close attention to the earnings performance of Canada Goose in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. The company's upcoming EPS is projected at -$0.62, signifying a 6.90% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $68.33 million, reflecting a 6.12% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.84 per share and revenue of $1 billion, indicating changes of +5% and +3.15%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Canada Goose. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4% lower within the past month. Canada Goose presently features a Zacks Rank of #4 (Sell).
Digging into valuation, Canada Goose currently has a Forward P/E ratio of 18.14. Its industry sports an average Forward P/E of 18.14, so one might conclude that Canada Goose is trading at no noticeable deviation comparatively.
It is also worth noting that GOOS currently has a PEG ratio of 1.01. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Retail - Apparel and Shoes industry had an average PEG ratio of 2.03.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 212, putting it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Canada Goose (GOOS) Stock Sinks As Market Gains: Here's Why
Canada Goose (GOOS - Free Report) closed the most recent trading day at $14.73, moving -3.35% from the previous trading session. This change lagged the S&P 500's daily gain of 0.07%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.18%.
Shares of the high-end coat maker witnessed a gain of 32.41% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.27%, and the S&P 500's gain of 5.71%.
The investment community will be paying close attention to the earnings performance of Canada Goose in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. The company's upcoming EPS is projected at -$0.62, signifying a 6.90% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $68.33 million, reflecting a 6.12% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.84 per share and revenue of $1 billion, indicating changes of +5% and +3.15%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Canada Goose. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4% lower within the past month. Canada Goose presently features a Zacks Rank of #4 (Sell).
Digging into valuation, Canada Goose currently has a Forward P/E ratio of 18.14. Its industry sports an average Forward P/E of 18.14, so one might conclude that Canada Goose is trading at no noticeable deviation comparatively.
It is also worth noting that GOOS currently has a PEG ratio of 1.01. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Retail - Apparel and Shoes industry had an average PEG ratio of 2.03.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 212, putting it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.