Jennifer Wong Sells 20,000 Shares of Aritzia Inc. (TSE:ATZ) Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 20,000 shares of Aritzia stock in a transaction that occurred on Monday, November 18th. 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 Wednesday, November 13th, Jennifer Wong sold 20,000 shares of Aritzia stock. The stock was sold at an average price of C$46.50, for a total value of C$930,000.00.
• On Monday, November 11th, Jennifer Wong sold 20,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total transaction of C$920,000.00.
• 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 Up 1.1 %

Shares of TSE:ATZ opened at C$43.81 on Friday. The company has a 50 day moving average price of C$46.58 and a two-hundred day moving average price of C$42.70. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40. The company has a market capitalization of C$4.02 billion, a PE ratio of 64.43, a PEG ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a 52 week low of C$22.88 and a 52 week high of C$51.80.

Aritzia (TSE:ATZ) last announced its quarterly 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 firm had revenue of C$615.66 million during 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%. Analysts forecast that Aritzia Inc. will post 1.7771148 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ATZ. BMO Capital Markets increased their price target on shares of Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th. Royal Bank of Canada upgraded Aritzia from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 31st. Canaccord Genuity Group boosted their target price on Aritzia from C$46.00 to C$52.00 and gave the stock a “buy” rating in a research report on Monday, July 29th. CIBC raised their price target on Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. Finally, Stifel Nicolaus boosted their price objective on Aritzia from C$50.00 to C$58.00 in a report on Friday, October 11th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus 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.