Aritzia Inc. (TSE:ATZ) Director Sells C$92,000.00 in Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 2,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$46.00, for a total value of C$92,000.00.

Jennifer Wong also recently made the following trade(s):

• On Monday, November 11th, Jennifer Wong sold 20,000 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$920,000.00.

Aritzia Price Performance

Aritzia stock opened at C$45.63 on Friday. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40. Aritzia Inc. has a 52 week low of C$22.88 and a 52 week high of C$51.80. The stock has a market capitalization of C$4.19 billion, a P/E ratio of 66.85, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The stock has a fifty day moving average of C$46.79 and a 200-day moving average of C$42.30.

Aritzia (TSE:ATZ) last posted its quarterly 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 return on equity of 9.84% and a net margin of 3.26%. The business had revenue of C$615.66 million for the quarter, compared to analyst estimates of C$581.10 million. On average, sell-side analysts expect that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ATZ. Canaccord Genuity Group boosted 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. TD Securities cut their target price on Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. CIBC upped their target price on Aritzia from C$47.00 to C$60.00 in a research report on Friday, October 11th. Stifel Nicolaus upped their target price on Aritzia from C$50.00 to C$58.00 in a research report on Friday, October 11th. Finally, Royal Bank of Canada upgraded Aritzia from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 31st. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target 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.