Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan Sells 5,000 Shares of Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 5,000 shares of Aritzia stock in a transaction dated Friday, November 1st. The shares were sold at an average price of C$46.00, for a total value of C$230,000.00.

Aritzia Stock Down 2.1 %

Aritzia stock opened at C$44.87 on Thursday. The stock has a 50-day simple moving average of C$46.80 and a 200-day simple moving average of C$41.89. The company has a market capitalization of C$4.12 billion, a P/E ratio of 65.99, a PEG ratio of 1.19 and a beta of 1.83. 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 fifty-two week low of C$22.88 and a fifty-two week high of C$51.80.

Aritzia (TSE:ATZ) last posted its quarterly earnings data 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 firm had revenue of C$615.66 million during the quarter, compared to analyst estimates of C$581.10 million. Aritzia had a net margin of 3.26% and a return on equity of 9.84%. Equities research analysts expect that Aritzia Inc. will post 1.7771148 earnings per share for the current year.

Wall Street Analyst Weigh In

ATZ has been the topic of several analyst reports. BMO Capital Markets raised their target price on shares of Aritzia from C$52.00 to C$57.00 in a report on Friday, October 11th. Raymond James raised their price objective on shares of Aritzia from C$43.00 to C$48.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Canaccord Genuity Group raised 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 lowered their price objective on Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. Finally, Stifel Nicolaus raised their target price on 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 MarketBeat, Aritzia presently 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.