Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$34,000.00 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of C$34.00, for a total value of C$34,000.00.

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

• On Thursday, May 16th, Karen Kwan sold 5,000 shares of Aritzia stock. The stock was sold at an average price of C$34.00, for a total transaction of C$170,000.00.

Aritzia Stock Up 2.3 %

ATZ opened at C$32.98 on Monday. The business has a 50 day simple moving average of C$35.08 and a 200-day simple moving average of C$32.24. Aritzia Inc. has a 12 month low of C$20.67 and a 12 month high of C$41.25. The stock has a market capitalization of C$3.00 billion, a P/E ratio of 47.80, a P/E/G ratio of 1.19 and a beta of 1.84. The company has a debt-to-equity ratio of 99.80, a current ratio of 1.40 and a quick ratio of 0.19.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ATZ shares. Raymond James cut their price target on shares of Aritzia from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Friday, May 3rd. Canaccord Genuity Group lifted their price objective on shares of Aritzia from C$38.00 to C$40.00 and gave the company a “buy” rating in a research note on Friday, May 3rd. TD Securities dropped their price target on Aritzia from C$45.00 to C$43.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. CIBC increased their price objective on Aritzia from C$37.00 to C$41.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Finally, Stifel Nicolaus boosted their target price on Aritzia from C$34.00 to C$42.00 in a report on Wednesday, April 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Aritzia presently has a consensus rating of “Moderate Buy” and a consensus target price of C$41.60.

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.