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Canada Goose (GOOS) Rises As Market Takes a Dip: Key Facts

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Canada Goose (GOOS - Free Report) closed the most recent trading day at $8.34, moving +2.14% from the previous trading session. The stock outpaced the S&P 500's daily loss of 1.21%. Meanwhile, the Dow gained 0.02%, and the Nasdaq, a tech-heavy index, lost 2.6%.

Heading into today, shares of the high-end coat maker had gained 8.51% over the past month, outpacing the Retail-Wholesale sector's gain of 3.07% and the S&P 500's loss of 0.03%.

Market participants will be closely following the financial results of Canada Goose in its upcoming release. The company plans to announce its earnings on November 5, 2026. The company is forecasted to report an EPS of -$0.16, showcasing a 60% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $196 million, down 0.99% from the prior-year quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.74 per share and revenue of $1.13 billion. These totals would mark changes of +32.14% and +2.45%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for Canada Goose. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.33% lower. Right now, Canada Goose possesses a Zacks Rank of #4 (Sell).

In terms of valuation, Canada Goose is presently being traded at a Forward P/E ratio of 11.03. This represents a discount compared to its industry average Forward P/E of 14.27.

It is also worth noting that GOOS currently has a PEG ratio of 0.62. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Apparel and Shoes industry had an average PEG ratio of 1.26 as trading concluded yesterday.

The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 155, placing it within the bottom 37% of over 250 industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within 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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