Aritzia Inc. (TSE:ATZ) Director Sells C$920,000.00 in Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 20,000 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of C$46.00, for a total transaction of C$920,000.00.

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

• On Friday, November 8th, Jennifer Wong sold 2,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total value of C$92,000.00.

Aritzia Stock Performance

Shares of TSE:ATZ opened at C$45.63 on Friday. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38. The company has a market capitalization of C$4.19 billion, a price-to-earnings ratio of 66.85, a PEG ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a 12 month low of C$22.88 and a 12 month high of C$51.80. The firm’s 50-day moving average is C$46.79 and its 200 day moving average is C$42.30.

Aritzia (TSE:ATZ) last issued its quarterly earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing the consensus estimate of C$0.13 by C($0.02). The business had revenue of C$615.66 million during the quarter, compared to analysts’ expectations of C$581.10 million. Aritzia had a return on equity of 9.84% and a net margin of 3.26%. Research analysts predict that Aritzia Inc. will post 1.7771148 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on ATZ. Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. Stifel Nicolaus upped their price target on shares of Aritzia from C$50.00 to C$58.00 in a research note on Friday, October 11th. CIBC lifted their price objective on shares of Aritzia from C$47.00 to C$60.00 in a research note on Friday, October 11th. TD Securities decreased their target price on shares of Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. Finally, BMO Capital Markets lifted their price target on Aritzia from C$52.00 to C$57.00 in a research report on Friday, October 11th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average 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.