Aritzia Inc. (TSE:ATZ) Director Jennifer Wong Sells 11,800 Shares

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 11,800 shares of Aritzia stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of C$47.75, for a total transaction of C$563,450.00.

Aritzia Stock Performance

TSE:ATZ opened at C$46.89 on Friday. The company has a fifty day simple moving average of C$37.70 and a two-hundred day simple moving average of C$35.97. The company has a market cap of C$4.26 billion, a price-to-earnings ratio of 67.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 99.80. Aritzia Inc. has a 52 week low of C$20.67 and a 52 week high of C$48.23.

Aritzia (TSE:ATZ) last posted its quarterly earnings results on Thursday, May 2nd. The company reported C$0.21 EPS for the quarter, missing the consensus estimate of C$0.29 by C($0.08). The business had revenue of C$681.97 million during the quarter, compared to analyst estimates of C$681.70 million. Aritzia had a return on equity of 10.55% and a net margin of 3.38%. As a group, equities analysts anticipate that Aritzia Inc. will post 1.7411386 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Canaccord Genuity Group lifted their price target on shares of Aritzia from C$42.00 to C$46.00 in a research report on Friday, July 12th. UBS Group lifted their price target on shares of Aritzia from C$53.00 to C$54.00 in a research report on Friday, July 12th. Stifel Nicolaus lifted their price target on shares of Aritzia from C$42.00 to C$50.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Royal Bank of Canada lifted their target price on shares of Aritzia from C$46.00 to C$47.00 in a report on Friday, July 12th. Finally, CIBC lifted their target price on shares of Aritzia from C$41.00 to C$47.00 and gave the company an “outperform” rating in a report on Monday, July 15th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Aritzia has an average rating of “Moderate Buy” and a consensus price target of C$49.25.

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.