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

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 20,000 shares of Aritzia stock in a transaction on 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 shares were sold at an average price of C$46.00, for a total transaction of C$92,000.00.

Aritzia Stock Performance

Shares of ATZ opened at C$45.51 on Friday. The stock has a 50 day moving average of C$46.82 and a 200 day moving average of C$42.40. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38. Aritzia Inc. has a 12 month low of C$22.88 and a 12 month high of C$51.80. The company has a market capitalization of C$4.18 billion, a price-to-earnings ratio of 66.93, a PEG ratio of 1.19 and a beta of 1.83.

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

Wall Street Analysts Forecast Growth

ATZ has been the subject of several recent research reports. CIBC boosted their target price on shares of Aritzia from C$47.00 to C$60.00 in a research report on Friday, October 11th. Stifel Nicolaus boosted their price objective on Aritzia from C$50.00 to C$58.00 in a report on Friday, October 11th. Canaccord Genuity Group raised their target price on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a report on Monday, July 29th. TD Securities decreased their price target on Aritzia from C$60.00 to C$58.00 in a report on Friday, October 11th. Finally, Royal Bank of Canada upgraded Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, 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.