Zacks Investment Research has given Canada Goose (GOOS) a Zacks Rank #2 (Buy) rating and a Value grade of A, suggesting it may be undervalued. Key valuation metrics such as P/E (12.76 vs industry average of 17.03), PEG (0.71 vs industry average of 1.34), P/B (2.81 vs industry average of 5.71) and P/CF (7.03 vs industry average of 13.91) ratios are all favorable compared to industry averages, indicating potential for value investors.
Canada Goose (GOOS) is presented as an attractive opportunity for value investors, currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The company's valuation metrics are notably favorable when compared to its industry peers. GOOS trades at a P/E ratio of 12.76, significantly below the industry average of 17.03; its Forward P/E has ranged from 8.09 to 15.63 over the past 52 weeks, with a median of 11.70, placing the current P/E in the upper half of its recent historical range but still below its peak. The PEG ratio of 0.71, which incorporates expected earnings growth, is substantially lower than the industry average of 1.34 and has fluctuated between 0.48 and 2.33 (median 0.60) in the past year. Furthermore, GOOS exhibits a P/B ratio of 2.81, compared to an industry average of 5.71, and its P/CF ratio stands at 7.03, considerably more attractive than the industry's 13.91. These metrics, particularly the P/CF which highlights its solid cash outlook, collectively suggest that GOOS is potentially undervalued, especially when coupled with its strong earnings outlook as indicated by Zacks.
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Request a DemoOverall Sentiment
strongly positive
Sentiment Score
0.70
Ticker Sentiment
