In This Article:
It's been a sad week for Canada Goose Holdings Inc. (TSE:GOOS), who've watched their investment drop 14% to CA$13.67 in the week since the company reported its quarterly result. Revenues of CA$608m were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at CA$1.42, missing estimates by 7.4%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Check out our latest analysis for Canada Goose Holdings
Taking into account the latest results, the current consensus from Canada Goose Holdings' eleven analysts is for revenues of CA$1.38b in 2026. This would reflect a modest 4.4% increase on its revenue over the past 12 months. Per-share earnings are expected to soar 42% to CA$1.07. Yet prior to the latest earnings, the analysts had been anticipated revenues of CA$1.39b and earnings per share (EPS) of CA$1.08 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
There were no changes to revenue or earnings estimates or the price target of CA$14.36, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Canada Goose Holdings analyst has a price target of CA$25.00 per share, while the most pessimistic values it at CA$11.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Canada Goose Holdings' revenue growth is expected to slow, with the forecast 3.5% annualised growth rate until the end of 2026 being well below the historical 9.5% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.7% per year. Factoring in the forecast slowdown in growth, it seems obvious that Canada Goose Holdings is also expected to grow slower than other industry participants.