How to Buy Canada Goose Holdings Stock
Canada Goose Holdings Inc
Canada Goose Holdings is a apparel manufacturing company located in Ontario, Canada, which is part of the Consumer Cyclical sector, and is traded under the ticker GOOS on the NYSE exchange.
Canada Goose Holdings stock last closed at $11.27, up 1.17% from the previous day, and has decreased 40.4% in one year. It has underperformed other stocks in the Apparel Manufacturing industry by 0.57 percentage points. Canada Goose Holdings stock is currently +15% from its 52-week low of $9.80, and -50.24% from its 52-week high of $22.65.
As of Apr 26, 2024, there are 100.25M GOOS shares outstanding. The market capitalization of GOOS is $1.13B. In the last 24 hours, 260,027 GOOS shares were traded.
How to Buy Canada Goose Holdings Stock
Wondering how to invest in Canada Goose Holdings stock? Here's how.
- Choose where to buy Canada Goose Holdings stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Canada Goose Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your information.
- Evaluate Canada Goose Holdings stock: The Canada Goose Holdings ticker symbol is GOOS. Is Canada Goose Holdings stock a good investment? Should you buy shares of GOOS? How do GOOS's underlying business fundamentals look? Do top analysts think Canada Goose Holdings is a good buy? Why has GOOS's stock price moved recently? (Hint: Our stock research tools can help you figure out if GOOS is a good stock to buy).
- Execute your GOOS purchase: Decide if you will purchase GOOS shares at the current market price or use a limit order to buy GOOS stock at a given price.
- Watch your GOOS investment: Create a watchlist to key updates about your new investment in Canada Goose Holdings shares.
Step 1: Choose where to buy Canada Goose Holdings stock
You need an online brokerage account in order to access the NYSE market and buy GOOS stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to invest in GOOS stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the stock trading app, you need to deposit funds:
Check out the video below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Canada Goose Holdings stock
After you have selected the best place to buy Canada Goose Holdings stock, it's crucial to analyze their stock prior to buying, so you actually understand the risk as well as the opportunity.
Canada Goose Holdings stock quick numbers
GOOS Overview
WallStreetZen was created to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on GOOS's stock page.
Is GOOS stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge GOOS's intrinsic value.
Using relative valuations measures:
- GOOS could be overvalued based on its P/E ratio of 28.46x, relative to Apparel Manufacturing industry P/E ratio of 19.02x
- GOOS may be overvalued based on its P/B ratio of 3.82x, relative to Apparel Manufacturing industry P/B ratio of 2.51x
You can do additional valuation analysis on GOOS's stock here.
GOOS Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the GOOS balance sheet.
- There are more short-term assets than short-term liabilities on the GOOS balance sheet.
Negative Health Checks:
- GOOS has a relatively high debt to equity ratio of 3.03.
- GOOS profit margin has gone down from 5.8% to 4% in the past year.
- GOOS earnings of $95.82M is not sufficient to cover its interest payments.
- GOOS's operating cash flow of $66.27M allows it to safely service it's debt of $552.99M.
- Total GOOS debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy GOOS stock
Out of 2 Equities analysts who give recommendations on GOOS, the consensus analyst rating on Canada Goose Holdings is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Canada Goose Holdings stock forecast page.
GOOS Momentum
GOOS Revenue
Last year, GOOS earnings were $37.54M. Over the past five year, GOOS's earnings have gone up by -16.32% per year. This was slower than the Apparel Manufacturing industry average of 0.53%.
Last year, GOOS revenue was $947.01M. Over the last five year, GOOS's revenue has grown by 10.02% per year. This was faster than the Apparel Manufacturing industry average of 2.76%.
Learn more about GOOS's earnings and revenue performance here.
What are GOOS executives and large shareholders up to?
Over the last year, executives and large shareholders at GOOS have not bought or sold any shares.
Learn more about who owns GOOS stock here.
Can I get consistent income from GOOS stock?
No, Canada Goose Holdings doesn't provide an income stream by paying out dividends.
What others are saying about GOOS
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your GOOS purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and eToro will execute your order.
If you need additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Watch your GOOS investment
Now that you own some shares in GOOS, you'll want to keep up with your new investment.
Put GOOS on a watchlist to track the most important metrics related to your GOOS stock.
GOOS Feed
How to Buy Stock in Canada Goose Holdings
To reiterate, here are the 6 steps to buy stock in Canada Goose Holdings:
- Choose where to buy Canada Goose Holdings stock
- Create a brokerage account
- Fund your investment account
- Evaluate Canada Goose Holdings stock
- Execute your GOOS purchase
- Watch your GOOS investment
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Canada Goose Holdings, create your watchlist below.
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