GOOS Stock Summary and Trading Ideas (Canada Goose Hldgs | NYSE:GOOS)

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and international distributors. Geographically, it has a presence in Canada, the United States, Asia, Europe, and the Rest of the World.

Canada Goose Hldgs trades on the NYSE stock market under the symbol GOOS.

As of April 19, 2024, GOOS stock price climbed to $11.42 with 456,824 million shares trading.

GOOS has a beta of 1.34, meaning it tends to be more sensitive to market movements. GOOS has a correlation of 0.15 to the broad based SPY ETF.

GOOS has a market cap of $1.15 billion. This is considered a Small Cap stock.

Last quarter Canada Goose Hldgs reported $448 million in Revenue and $1.01 earnings per share. This fell short of revenue expectation by $-12 million and met earnings estimates .

In the last 3 years, GOOS stock traded as high as $53.64 and as low as $9.80.

The top ETF exchange traded funds that GOOS belongs to (by Net Assets): FTLS, DFIS, DFAI, DFIC, PDN.

GOOS has underperformed the market in the last year with a return of -38.8%, while the SPY ETF gained +21.2%. In the last 3 month period, GOOS fell short of the market, returning +3.1%, while SPY returned +4.3%. However, in the most recent 2 weeks GOOS has outperformed the stock market by returning +1.4%, while SPY returned -3.5%.

GOOS support price is $10.93 and resistance is $11.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GOOS stock will trade within this expected range on the day.