Aritzia Inc. (TSE:ATZ) Director Sells C$920,000.00 in Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 20,000 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of C$46.00, for a total value of C$920,000.00.

Jennifer Wong also recently made the following trade(s):

• On Wednesday, November 13th, Jennifer Wong sold 20,000 shares of Aritzia stock. The stock was sold at an average price of C$46.50, for a total value of C$930,000.00.
• On Monday, November 11th, Jennifer Wong sold 20,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total value of C$920,000.00.
• On Friday, November 8th, Jennifer Wong sold 2,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total transaction of C$92,000.00.

Aritzia Price Performance

Shares of ATZ opened at C$43.81 on Friday. The company’s 50-day moving average is C$46.58 and its 200-day moving average is C$42.70. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19. The firm has a market capitalization of C$4.02 billion, a PE ratio of 64.43, a PEG ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a fifty-two week low of C$22.88 and a fifty-two week high of C$51.80.

Aritzia (TSE:ATZ) last issued its quarterly earnings data on Thursday, October 10th. The company reported C$0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.02). The firm had revenue of C$615.66 million for the quarter, compared to the consensus estimate of C$581.10 million. Aritzia had a return on equity of 9.84% and a net margin of 3.26%. Equities analysts forecast that Aritzia Inc. will post 1.7771148 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ATZ. CIBC raised their price objective on Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. Canaccord Genuity Group boosted their price target on Aritzia from C$46.00 to C$52.00 and gave the stock a “buy” rating in a research report on Monday, July 29th. Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a report on Thursday, October 31st. Stifel Nicolaus boosted their target price on shares of Aritzia from C$50.00 to C$58.00 in a report on Friday, October 11th. Finally, BMO Capital Markets increased their price target on shares of Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$55.38.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.