Canada Goose(US:GOOS) ZACKSยท2024-09-12 22:51Company Overview - Canada Goose (GOOS) closed at $10.35, with a slight increase of +0.49% from the previous trading session, underperforming compared to the S&P 500's gain of 0.75% [1] - Over the past month, Canada Goose shares have decreased by 0.29%, lagging behind the Retail-Wholesale sector's gain of 7.86% and the S&P 500's gain of 4.03% [1] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected EPS at -$0.06, indicating a significant 150% decline compared to the same quarter last year [2] - Quarterly revenue is expected to be $188 million, down 10.28% from the previous year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $0.83 per share, reflecting a +13.7% change, while revenue is projected at $971.12 million, showing a -1.54% change from the prior year [3] - Recent adjustments to analyst estimates are crucial as they often indicate changing business trends, with positive revisions suggesting a favorable outlook [3] Valuation Metrics - Canada Goose has a Forward P/E ratio of 12.36, which is lower than the industry average of 16.05, indicating it is trading at a discount [6] - The company has a PEG ratio of 0.57, significantly below the industry average of 1.79, suggesting better value relative to expected earnings growth [7] Industry Ranking - The Retail - Apparel and Shoes industry, which includes Canada Goose, holds a Zacks Industry Rank of 95, placing it in the top 38% of over 250 industries [7][8] - The Zacks Rank system, which evaluates stocks based on estimate changes, currently ranks Canada Goose at 3 (Hold), with no changes in the consensus EPS estimate over the past month [5]