Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$174,800.00 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 3,800 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$46.00, for a total value of C$174,800.00.

Karen Kwan also recently made the following trade(s):

• On Friday, November 1st, Karen Kwan sold 5,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total value of C$230,000.00.

Aritzia Trading Up 1.3 %

Aritzia stock traded up C$0.58 during midday trading on Wednesday, reaching C$46.50. 132,660 shares of the stock traded hands, compared to its average volume of 358,251. The company has a 50-day simple moving average of C$46.77 and a two-hundred day simple moving average of C$42.21. Aritzia Inc. has a 12-month low of C$22.88 and a 12-month high of C$51.80. The firm has a market cap of C$4.27 billion, a PE ratio of 67.53, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38.

Aritzia (TSE:ATZ) 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). Aritzia had a net margin of 3.26% and a return on equity of 9.84%. The business had revenue of C$615.66 million during the quarter, compared to analysts’ expectations of C$581.10 million. Research analysts expect that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on ATZ. Stifel Nicolaus lifted their target price on Aritzia from C$50.00 to C$58.00 in a research report on Friday, October 11th. TD Securities decreased their target price on Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. Royal Bank of Canada upgraded Aritzia from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 31st. BMO Capital Markets raised their price target on Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th. Finally, Canaccord Genuity Group raised their price target on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday, July 29th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$55.38.

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.