Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan Sells 6,500 Shares of Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 6,500 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$46.00, for a total value of C$299,000.00.

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

• On Friday, November 8th, Karen Kwan sold 3,800 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$174,800.00.
• 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 value of C$230,000.00.

Aritzia Stock Down 0.3 %

Shares of TSE ATZ opened at C$45.37 on Tuesday. The company has a market cap of C$4.17 billion, a P/E ratio of 66.72, a PEG ratio of 1.19 and a beta of 1.83. The firm has a 50-day simple moving average of C$46.82 and a two-hundred day simple moving average of C$42.45. Aritzia Inc. has a 1 year low of C$22.88 and a 1 year high of C$51.80. The company has a debt-to-equity ratio of 97.38, a current ratio of 1.40 and a quick ratio of 0.19.

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ATZ. TD Securities reduced their price target on shares of Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. BMO Capital Markets boosted their target price on shares of Aritzia from C$52.00 to C$57.00 in a report on Friday, October 11th. Stifel Nicolaus increased their price target on shares of Aritzia from C$50.00 to C$58.00 in a report on Friday, October 11th. CIBC upped their price objective on Aritzia from C$47.00 to C$60.00 in a research report on Friday, October 11th. Finally, Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Aritzia has a consensus rating of “Buy” and an average target price 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.