Analysts Set Aritzia Inc. (TSE:ATZ) PT at C$49.25

Shares of Aritzia Inc. (TSE:ATZ) have earned an average rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$50.00.

A number of equities analysts have commented on the stock. Raymond James lifted their price objective on shares of Aritzia from C$43.00 to C$48.00 and gave the stock an “outperform” rating in a research report on Monday, July 15th. Canaccord Genuity Group upped their price target on shares of Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday. UBS Group raised their price objective on shares of Aritzia from C$53.00 to C$54.00 in a research report on Friday, July 12th. Royal Bank of Canada upped their target price on Aritzia from C$46.00 to C$47.00 in a research report on Friday, July 12th. Finally, TD Securities lifted their price target on Aritzia from C$46.00 to C$50.00 in a report on Friday, July 12th.

Aritzia Trading Down 0.7 %

Shares of TSE:ATZ opened at C$45.30 on Friday. Aritzia has a 52-week low of C$20.67 and a 52-week high of C$48.23. The company has a debt-to-equity ratio of 99.80, a quick ratio of 0.19 and a current ratio of 1.40. The company has a market capitalization of C$4.12 billion, a P/E ratio of 65.65, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84. The company has a 50-day simple moving average of C$39.12 and a 200 day simple moving average of C$36.84.

Aritzia (TSE:ATZ) last released its quarterly earnings data on Thursday, May 2nd. The company reported C$0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.29 by C($0.08). Aritzia had a net margin of 3.38% and a return on equity of 10.55%. The business had revenue of C$681.97 million during the quarter, compared to analyst estimates of C$681.70 million. Sell-side analysts forecast that Aritzia will post 1.7411386 earnings per share for the current year.

Insider Buying and Selling

In other Aritzia news, Senior Officer David John Maciver sold 173,254 shares of Aritzia stock in a transaction on Monday, May 6th. The stock was sold at an average price of C$36.64, for a total value of C$6,348,026.56. In other news, Senior Officer Karen Kwan sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of C$47.70, for a total transaction of C$477,000.00. Also, Senior Officer David John Maciver sold 173,254 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of C$36.64, for a total transaction of C$6,348,026.56. Insiders have sold 207,054 shares of company stock valued at $7,790,507 over the last 90 days. 0.55% of the stock is owned by corporate insiders.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.