Aritzia Inc. (TSE:ATZ - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.01 and last traded at C$66.98, with a volume of 163599 shares. The stock had previously closed at C$66.64.
Analyst Upgrades and Downgrades
Several research firms have weighed in on ATZ. Canaccord Genuity Group increased their target price on Aritzia from C$62.00 to C$70.00 and gave the company a "buy" rating in a research note on Sunday, January 12th. TD Securities upped their price target on Aritzia from C$68.00 to C$75.00 and gave the company a "buy" rating in a research note on Sunday, January 12th. BMO Capital Markets lifted their price objective on shares of Aritzia from C$68.00 to C$80.00 in a research note on Friday, February 14th. Raymond James upped their target price on shares of Aritzia from C$58.00 to C$65.00 and gave the company a "market perform" rating in a research note on Monday, January 13th. Finally, Desjardins set a C$82.00 target price on shares of Aritzia and gave the stock a "buy" rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$69.60.
Check Out Our Latest Report on Aritzia
Aritzia Stock Performance
The company has a current ratio of 1.29, a quick ratio of 0.19 and a debt-to-equity ratio of 93.51. The stock has a market capitalization of C$6.94 billion, a price-to-earnings ratio of 51.14, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The stock's 50 day moving average is C$65.87 and its two-hundred day moving average is C$53.53.
Insider Transactions at Aritzia
In related news, Senior Officer Philippa (Pippa) Morgan sold 3,023 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of C$70.10, for a total transaction of C$211,912.30. Also, Senior Officer Margot Johnson sold 3,500 shares of the firm's stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of C$72.14, for a total value of C$252,490.00. Insiders have sold a total of 56,298 shares of company stock valued at $3,801,028 over the last 90 days. 0.94% of the stock is owned by corporate insiders.
About Aritzia
(
Get Free Report)
Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories.
Further Reading
Before you consider Aritzia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aritzia wasn't on the list.
While Aritzia currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
