Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$230,000.00 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 5,000 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of C$46.00, for a total transaction of C$230,000.00.

Aritzia Trading Down 2.1 %

TSE:ATZ traded down C$0.97 on Wednesday, reaching C$44.87. The company’s stock had a trading volume of 481,563 shares, compared to its average volume of 361,240. Aritzia Inc. has a 12-month low of C$22.88 and a 12-month high of C$51.80. The stock has a 50 day moving average price of C$46.82 and a 200 day moving average price of C$41.81. The firm has a market cap of C$4.12 billion, a price-to-earnings ratio of 67.41, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ATZ shares. Canaccord Genuity Group increased their price target on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a report on Monday, July 29th. Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. CIBC raised their target price on shares of Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. Raymond James lifted their target price on Aritzia from C$43.00 to C$48.00 and gave the company an “outperform” rating in a research note on Monday, July 15th. Finally, BMO Capital Markets raised their price target on shares of Aritzia from C$52.00 to C$57.00 in a research report on Friday, October 11th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Aritzia 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.