Insider Selling: Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$174,800.00 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 3,800 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$46.00, for a total transaction of C$174,800.00.

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

• 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 transaction of C$230,000.00.

Aritzia Stock Performance

ATZ opened at C$45.51 on Friday. The company has a market cap of C$4.18 billion, a P/E ratio of 66.93, a price-to-earnings-growth 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 firm’s 50-day moving average price is C$46.82 and its 200-day moving average price is C$42.40. Aritzia Inc. has a 52-week low of C$22.88 and a 52-week high of C$51.80.

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 company had revenue of C$615.66 million for 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%. As a group, equities analysts anticipate that Aritzia Inc. will post 1.7771148 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Canaccord Genuity Group lifted their price objective on shares of Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a report on Monday, July 29th. CIBC lifted their price target on Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. Royal Bank of Canada upgraded Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. BMO Capital Markets lifted their target price on Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th. Finally, TD Securities reduced their target price on shares of Aritzia from C$60.00 to C$58.00 in a report on Friday, October 11th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target 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.