HSBC Securities rated the Canada Goose Holdings Inc. (NYSE: GOOS) stock “a Hold”. HSBC Securities’s estimates were contained in a research note released on Friday, November 20, 2020. Several other experts on Wall Street have posted such reports regarding the GOOS shares. According to Berenberg, the stock is “a Buy,” and set its price target at $43. Berenberg published their figures in a research note released to investors on Tuesday, October 27, 2020. Other experts at Cowen have the stock’s price target at $36 price; with their rating of the stock is “an Outperform.” These scores were published in a research note the firm released on Wednesday, September 30, 2020.
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Wall Street analysts tracking the Canada Goose Holdings Inc. (NYSE: GOOS) stock on daily basis. Out of 16 analysts, 10 deeming the stock a Buy and 1 gave it a rating of OVERWEIGHT. Another 2 recommended that GOOS is a HOLD, while 1 rated it UNDERWEIGHT and the 2 recommended SELL. If we look at the broader picture, the above ratings give the stock an average analyst rating of 1.70.
Canada Goose Holdings Inc. has a market valuation of $2.06 billion and last released its earnings reports on 11/05/2020, for the quarterly period ended on Mar 2018. The company’s revenue for the quarter stood at $146.19 billion. This return was more than $146.14 billion from expected analysts’ estimates of $50.3M, which was 99.97% higher.
The stock market has more often than not ended up being extremely baffling, catching even some of the more experienced traders by surprise. It happens that even when results are as projected, the market sometimes just takes a sudden turn towards the opposite direction. Often such events lead to doubt and much speculation. At such time, it may pay to keep tabs on a stock’s historical price performance. Useful also would be knowledge of the stock’s trends, both the short term and long-term. Canada Goose Holdings Inc. (NYSE: GOOS) share prices have increased by 2.57% over the past week, but are up 49.04% over prices posted in the last quarter. Going further back, the stock’s price has tanked 67.40% over the last 6 months but is down -4.06% in year-to-date trading.
A recent spot check on the stock’s support and resistance revealed that the publicly-traded Canada Goose Holdings Inc. (NYSE: GOOS) shares are trading at a price close to -5.75% lower than its 90-day high. On the other hand, the stock is +54.40% away from its low in the 90-day period. More broadly, GOOS’s current price is -14.76% away from 52-week high. The price is 168.70% above from its 52-week low.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 4.04%, and 4.42% for the month. This stock’s Average True Range (ATR) currently stands at 1.50. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, means that the stock’s volatility at that particular moment is low.
Shares of the Canada Goose Holdings Inc. (NYSE: GOOS) dropped by -$0.91 during Friday’s regular trading session to climb to $34.77. The company had a daily trading volume of 1.22 million shares, higher than its average intra-day trading volumes of about 1.13M shares.