Aritzia Inc. (TSE:ATZ - Get Free Report)'s share price hit a new 52-week high on Friday . The stock traded as high as C$55.63 and last traded at C$55.60, with a volume of 83993 shares. The stock had previously closed at C$53.76.
Analyst Upgrades and Downgrades
Several research firms recently commented on ATZ. TD Securities cut their price target on Aritzia from C$60.00 to C$58.00 in a report on Friday, October 11th. Stifel Nicolaus increased their price target on shares of Aritzia from C$50.00 to C$58.00 in a research note on Friday, October 11th. CIBC boosted their price objective on shares of Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. BMO Capital Markets boosted their price objective on Aritzia from C$57.00 to C$60.00 in a report on Thursday, December 19th. Finally, Royal Bank of Canada raised shares of Aritzia from a "sector perform" rating to an "outperform" rating in a research note on Thursday, October 31st. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$55.75.
View Our Latest Stock Report on Aritzia
Aritzia Stock Performance
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 50 day moving average of C$48.24 and a two-hundred day moving average of C$45.79. The stock has a market cap of C$5.29 billion, a PE ratio of 84.71, a PEG ratio of 1.19 and a beta of 1.83.
Aritzia (TSE:ATZ - Get Free Report) last announced 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 business had revenue of C$615.66 million during the quarter, compared to analyst estimates of C$581.10 million. Aritzia had a net margin of 3.26% and a return on equity of 9.84%. Research analysts predict that Aritzia Inc. will post 1.7771148 EPS for the current fiscal year.
Insiders Place Their Bets
In other Aritzia news, Senior Officer Karen Kwan sold 3,800 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$46.00, for a total transaction of C$174,800.00. Also, Director Jennifer Wong sold 2,000 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of C$46.00, for a total value of C$92,000.00. In the last quarter, insiders sold 77,300 shares of company stock worth $3,565,800. 0.94% of the stock is owned by insiders.
About Aritzia
(
Get Free Report)
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.
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