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

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

Aritzia Stock Performance

Shares of ATZ traded down C$0.97 during trading hours on Wednesday, reaching C$44.87. 481,563 shares of the company traded hands, compared to its average volume of 361,240. The stock has a market capitalization of C$4.12 billion, a P/E ratio of 67.41, a P/E/G ratio of 1.19 and a beta of 1.83. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38. The business has a fifty day moving average price of C$46.82 and a 200-day moving average price of C$41.81. Aritzia Inc. has a 12-month low of C$22.88 and a 12-month high of C$51.80.

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

Analyst Ratings Changes

Several research analysts recently issued reports on ATZ shares. BMO Capital Markets increased their price objective on Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th. UBS Group lifted their price objective on shares of Aritzia from C$53.00 to C$54.00 in a report on Friday, July 12th. Raymond James upped their target price on Aritzia from C$43.00 to C$48.00 and gave the stock an “outperform” rating in a report on Monday, July 15th. Stifel Nicolaus increased their target price on Aritzia from C$50.00 to C$58.00 in a research report on Friday, October 11th. Finally, Canaccord Genuity Group raised their price objective on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research report on Monday, July 29th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target 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.