We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Canada Goose (GOOS) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
Canada Goose (GOOS - Free Report) closed the most recent trading day at $7.78, moving -3.71% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.28%. Meanwhile, the Dow gained 0.19%, and the Nasdaq, a tech-heavy index, added 0.27%.
The high-end coat maker's shares have seen an increase of 4.8% over the last month, surpassing the Retail-Wholesale sector's gain of 3.13% and the S&P 500's loss of 0.2%.
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. On that day, Canada Goose is projected to report earnings of -$0.16 per share, which would represent a year-over-year decline of 60%. Meanwhile, the latest consensus estimate predicts the revenue to be $196 million, indicating a 0.99% decrease compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.74 per share and revenue of $1.13 billion, indicating changes of +32.14% and +2.45%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Canada Goose. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 1.33% fall in the Zacks Consensus EPS estimate. Canada Goose is holding a Zacks Rank of #4 (Sell) right now.
With respect to valuation, Canada Goose is currently being traded at a Forward P/E ratio of 10.92. This represents a discount compared to its industry average Forward P/E of 14.56.
We can also see that GOOS currently has a PEG ratio of 0.62. 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. The Retail - Apparel and Shoes industry currently had an average PEG ratio of 1.29 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 177, placing it within the bottom 29% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Canada Goose (GOOS) Stock Dips While Market Gains: Key Facts
Canada Goose (GOOS - Free Report) closed the most recent trading day at $7.78, moving -3.71% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.28%. Meanwhile, the Dow gained 0.19%, and the Nasdaq, a tech-heavy index, added 0.27%.
The high-end coat maker's shares have seen an increase of 4.8% over the last month, surpassing the Retail-Wholesale sector's gain of 3.13% and the S&P 500's loss of 0.2%.
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. On that day, Canada Goose is projected to report earnings of -$0.16 per share, which would represent a year-over-year decline of 60%. Meanwhile, the latest consensus estimate predicts the revenue to be $196 million, indicating a 0.99% decrease compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.74 per share and revenue of $1.13 billion, indicating changes of +32.14% and +2.45%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Canada Goose. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 1.33% fall in the Zacks Consensus EPS estimate. Canada Goose is holding a Zacks Rank of #4 (Sell) right now.
With respect to valuation, Canada Goose is currently being traded at a Forward P/E ratio of 10.92. This represents a discount compared to its industry average Forward P/E of 14.56.
We can also see that GOOS currently has a PEG ratio of 0.62. 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. The Retail - Apparel and Shoes industry currently had an average PEG ratio of 1.29 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 177, placing it within the bottom 29% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.