Shares of Aritzia Inc. (TSE:ATZ - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$46.89 and traded as low as C$43.75. Aritzia shares last traded at C$45.10, with a volume of 539,856 shares traded.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on ATZ shares. UBS Group lifted their price target on shares of Aritzia from C$53.00 to C$54.00 in a research note on Friday, July 12th. Royal Bank of Canada lifted their price target on shares of Aritzia from C$47.00 to C$56.00 and gave the stock a "sector perform" rating in a research note on Wednesday, October 2nd. 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. Stifel Nicolaus raised their price objective on shares of Aritzia from C$50.00 to C$58.00 in a research report on Friday, October 11th. Finally, Canaccord Genuity Group raised their price objective on shares of Aritzia from C$46.00 to C$52.00 and gave the company a "buy" rating in a research report on Monday, July 29th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Aritzia presently has a consensus rating of "Moderate Buy" and an average price target of C$55.38.
Read Our Latest Report on Aritzia
Aritzia Stock Performance
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 company has a market capitalization of C$4.14 billion, a P/E ratio of 66.32, a P/E/G ratio of 1.19 and a beta of 1.83. The business's fifty day simple moving average is C$46.89 and its 200-day simple moving average is C$40.97.
Aritzia (TSE:ATZ - Get Free Report) last posted its earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share 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 business had revenue of C$615.66 million during the quarter, compared to the consensus estimate of C$581.10 million. As a group, equities analysts anticipate that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal year.
Aritzia Company Profile
(
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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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