Aritzia Inc. (TSE:ATZ) Receives Average Rating of "Buy" from Analysts

Shares of Aritzia Inc. (TSE:ATZ - Get Free Report) have earned a consensus recommendation of "Buy" from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$55.75.

ATZ has been the subject of a number of analyst reports. CIBC lifted their target price on shares of Aritzia from C$47.00 to C$60.00 in a research note on Friday, October 11th. BMO Capital Markets lifted their price objective on Aritzia from C$57.00 to C$60.00 in a research report on Thursday. TD Securities cut their target price on Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. Stifel Nicolaus raised their target price on Aritzia from C$50.00 to C$58.00 in a research note on Friday, October 11th. Finally, Royal Bank of Canada raised Aritzia from a "sector perform" rating to an "outperform" rating in a research note on Thursday, October 31st.

Insider Transactions at Aritzia

In other news, Director Jennifer Wong sold 20,000 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of C$46.00, for a total value of C$920,000.00. Also, Senior Officer Karen Kwan sold 3,800 shares of Aritzia stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$46.00, for a total value of C$174,800.00. Insiders have sold 77,300 shares of company stock valued at $3,565,800 over the last ninety days. 0.94% of the stock is owned by company insiders.

Aritzia Trading Down 2.0 %

TSE ATZ traded down C$1.08 on Monday, reaching C$52.87. The company had a trading volume of 392,962 shares, compared to its average volume of 358,087. The firm has a market cap of C$4.86 billion, a price-to-earnings ratio of 77.75, a P/E/G ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19. Aritzia has a fifty-two week low of C$24.76 and a fifty-two week high of C$55.00. The business has a 50 day moving average of C$46.68 and a two-hundred day moving average of C$44.82.

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

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.