Karen Kwan Sells 3,800 Shares of Aritzia Inc. (TSE:ATZ) Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 3,800 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$46.00, for a total transaction of C$174,800.00.

Karen Kwan also recently made the following trade(s):

• On Friday, November 1st, Karen Kwan sold 5,000 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$230,000.00.

Aritzia Price Performance

Shares of TSE ATZ opened at C$45.51 on Friday. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40. The firm has a fifty day moving average of C$46.82 and a 200 day moving average of C$42.40. The firm has a market cap of C$4.18 billion, a PE ratio of 66.93, a PEG ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a one year low of C$22.88 and a one year high of C$51.80.

Aritzia (TSE:ATZ) last released its 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). The company had revenue of C$615.66 million for the quarter, compared to analysts’ expectations of C$581.10 million. Aritzia had a return on equity of 9.84% and a net margin of 3.26%. As a group, research analysts predict that Aritzia Inc. will post 1.7771148 EPS for the current fiscal year.

Analysts Set New Price Targets

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

About Aritzia

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.