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 business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$46.00, for a total transaction 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 transaction of C$230,000.00.

Aritzia Trading Up 1.3 %

ATZ stock traded up C$0.58 during trading on Wednesday, hitting C$46.50. 132,660 shares of the company traded hands, compared to its average volume of 358,251. The company has a 50-day moving average of C$46.77 and a 200-day moving average of C$42.21. 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 1 year low of C$22.88 and a 1 year high of C$51.80. The firm has a market capitalization of C$4.27 billion, a PE ratio of 67.53, a P/E/G ratio of 1.19 and a beta of 1.83.

Aritzia (TSE:ATZ) last issued its earnings results on Thursday, October 10th. The company reported C$0.11 EPS for the quarter, missing the consensus estimate 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 firm had revenue of C$615.66 million during the quarter, compared to analysts’ expectations of C$581.10 million. Analysts predict that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

About Aritzia

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.