Canada Goose's stock took a significant hit as investors reacted to tariff concerns and a downgrade from Wells Fargo.
Canada Goose Holdings Inc (GOOS.TO) experienced a sharp decline in its stock price yesterday, falling by 5.16% to close at CA$11.40. This drop is due to growing concerns over potential tariffs and a downgrade from Wells Fargo, which has raised alarms about the company's future earnings.
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Canada Goose Holdings Inc
GOOS.TO
GOOS.TO
Canada Goose Holdings Inc
WealthAwesomeMarket cap
$1.17B
P/E
20.7x
52W high
$21.28
52W low
$11.22
1W change
-3.14%
Beta
1.77
Analyst Price Targets
Based on analyst covering GOOS
Wall Street analysts forecast GOOS stock price to rise 26.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$14.41
+26.4% Upside
Current Price
C$11.40
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GOOS's historical volatility
30-Day Vol
34.4%
Annualized
90-Day Vol
38.1%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$9.54
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$10.74 | C$9.54 โ C$12.09 |
| 60 trading days | C$10.12 | C$8.56 โ C$11.97 |
| 90 trading days | C$9.54 | C$7.77 โ C$11.71 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should closely monitor the impact of trade tensions and weather patterns on Canada Goose's sales, especially since the company relies heavily on domestic production.
Stock Down 5.16% Amid Tariff Concerns
With a market cap of CA$1.17 billion, Canada Goose's stock is now trading at multi-year lows, reflecting investor anxiety over its earnings outlook.
Bull case
If Canada Goose can navigate the tariff landscape and adapt to changing weather patterns, there could be chances for recovery as consumer demand picks up again.
Bear case
Ongoing tariff pressures and the possibility of warmer winters could further squeeze Canada Goose's profit margins, leading to continued weakness in its stock price.
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Impact of Tariff Concerns
The recent downgrade from Wells Fargo to underweight has raised significant concerns among investors about Canada Goose's ability to maintain its profit margins amid potential tariffs. Since the company produces all its products in Canada, any new duties could add more strain on its financial performance.
Weather Patterns and Sales Risks
Analysts are also cautious about the upcoming El Nino weather pattern, which could bring warmer winters. This situation poses a risk to Canada Goose's sales, as demand for winter apparel may drop if temperatures stay higher than usual.
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