Aritzia Inc. (TSE:ATZ) Receives C$39.80 Average PT from Analysts

Aritzia Inc. (TSE:ATZ) has been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$39.80.

ATZ has been the subject of several recent research reports. Raymond James upped their target price on shares of Aritzia from C$35.00 to C$46.00 and gave the company an “outperform” rating in a research report on Tuesday, March 19th. TD Securities upped their target price on shares of Aritzia from C$34.00 to C$45.00 and gave the company a “buy” rating in a research report on Wednesday, February 14th. BMO Capital Markets upped their target price on shares of Aritzia from C$38.00 to C$41.00 and gave the company a “market perform” rating in a research report on Thursday, February 15th. Royal Bank of Canada dropped their target price on shares of Aritzia from C$41.00 to C$40.00 and set a “sector perform” rating for the company in a research report on Wednesday, December 20th. Finally, UBS Group boosted their price target on shares of Aritzia from C$39.00 to C$50.00 in a report on Thursday, February 8th.

Insider Buying and Selling

In related news, Senior Officer Karen Kwan sold 5,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of C$34.00, for a total value of C$170,000.00. In related news, Senior Officer Karen Kwan sold 5,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of C$34.00, for a total value of C$170,000.00. Also, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of C$40.44, for a total transaction of C$63,409.92. In the last ninety days, insiders sold 11,568 shares of company stock valued at $407,260. Company insiders own 0.55% of the company’s stock.

Aritzia Stock Performance

ATZ stock opened at C$37.40 on Friday. The company has a debt-to-equity ratio of 103.38, a current ratio of 1.32 and a quick ratio of 0.19. The company has a 50 day moving average price of C$36.34 and a 200 day moving average price of C$28.94. Aritzia has a fifty-two week low of C$20.67 and a fifty-two week high of C$44.88. The stock has a market capitalization of C$3.37 billion, a PE ratio of 46.17, a price-to-earnings-growth ratio of 1.19 and a beta of 1.85.

Aritzia (TSE:ATZ) last posted its quarterly earnings data on Wednesday, January 10th. The company reported C$0.38 earnings per share for the quarter, topping the consensus estimate of C$0.34 by C$0.04. Aritzia had a net margin of 4.02% and a return on equity of 13.01%. The firm had revenue of C$653.52 million during the quarter, compared to analysts’ expectations of C$621.27 million. Analysts forecast that Aritzia will post 1.8288196 EPS for the current year.

About Aritzia

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.