Aritzia (TSE:ATZ) PT Raised to C$46.00 at Canaccord Genuity Group (2024)

Aritzia (TSE:ATZ - Free Report) had its price objective raised by Canaccord Genuity Group from C$42.00 to C$46.00 in a research report released on Friday morning, BayStreet.CA reports.

A number of other equities analysts also recently issued reports on the company. Royal Bank of Canada increased their price target on Aritzia from C$46.00 to C$47.00 in a research report on Friday. Raymond James lowered their price target on Aritzia from C$46.00 to C$43.00 and set an outperform rating on the stock in a research report on Friday, May 3rd. UBS Group raised their target price on Aritzia from C$53.00 to C$54.00 in a research report on Friday. Stifel Nicolaus raised their target price on Aritzia from C$42.00 to C$50.00 and gave the company a buy rating in a research report on Friday. Finally, BMO Capital Markets raised their target price on Aritzia from C$50.00 to C$52.00 in a research report on Friday. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Aritzia currently has an average rating of Moderate Buy and an average price target of C$46.67.

View Our Latest Research Report on ATZ

Aritzia Stock Performance

Shares of ATZ traded up C$6.15 during mid-day trading on Friday, reaching C$47.66. The company had a trading volume of 1,736,986 shares, compared to its average volume of 367,959. Aritzia has a 52-week low of C$20.67 and a 52-week high of C$47.88. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 99.80. The stock has a market capitalization of C$4.33 billion, a P/E ratio of 69.07, a PEG ratio of 1.19 and a beta of 1.84. The stock has a 50 day moving average of C$36.63 and a two-hundred day moving average of C$35.24.

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Aritzia (TSE:ATZ - Get Free Report) last issued its earnings results on Thursday, May 2nd. The company reported C$0.21 EPS for the quarter, missing analysts' consensus estimates of C$0.29 by C($0.08). Aritzia had a return on equity of 10.55% and a net margin of 3.38%. The company had revenue of C$681.97 million during the quarter, compared to analysts' expectations of C$681.70 million. On average, analysts expect that Aritzia will post 1.7411386 earnings per share for the current year.

Insider Activity at Aritzia

In other Aritzia news, Senior Officer Karen Kwan sold 5,000 shares of the firm's stock in a transaction on Thursday, May 16th. The stock was sold at an average price of C$34.00, for a total transaction of C$170,000.00. In other Aritzia news, Senior Officer Karen Kwan sold 5,000 shares of the firm's stock in a transaction on Thursday, May 16th. The stock was sold at an average price of C$34.00, for a total transaction of C$170,000.00. Also, Senior Officer David John Maciver sold 173,254 shares of the firm's 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. Over the last 90 days, insiders sold 185,254 shares of company stock valued at $6,750,057. 0.55% of the stock is currently owned by insiders.

About Aritzia

(Get Free Report)

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.

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Aritzia (TSE:ATZ) PT Raised to C$46.00 at Canaccord Genuity Group (3)

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Aritzia (TSE:ATZ) PT Raised to C$46.00 at Canaccord Genuity Group (2024)

FAQs

Aritzia (TSE:ATZ) PT Raised to C$46.00 at Canaccord Genuity Group? ›

Finally, Canaccord Genuity Group boosted their price objective on shares of Aritzia from C$42.00 to C$46.00 in a research note on Friday. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company.

Is atz stock a good buy? ›

ATZ Stock Forecast FAQ

What is TSE:ATZ's upside potential, based on the analysts' average price target? Currently there's no upside potential for TSE:ATZ, based on the analysts' average price target. Aritzia has a consensus rating of Strong Buy which is based on 6 buy ratings, 1 hold ratings and 0 sell ratings.

Why is Aritzia stock dropping? ›

In fact, the stock is down almost 40% from its 2022 highs. This has been driven by a slowing consumer and the consequent slowing of Aritzia's revenue growth.

How to buy atz stock? ›

How to Buy ATZ.TO stock:
  1. Open A Brokerage Account. To start investing, you will need a brokerage account. ...
  2. Make Your Research on Aritzia Inc. Stock. ...
  3. Determine How Much You Want to Invest and Your Risk Tolerance. ...
  4. Place An Order. ...
  5. Monitor Your Investment Regularly and Set a Stop-loss. ...
  6. Know Potential Risks.

What is the stock price prediction for Aritzia? ›

According to analysts, Aritzia's stock has a predicted upside of 14.82% based on their 12-month stock forecasts.

Does ATZ pay dividends? ›

Does Aritzia have sufficient earnings to cover their dividend? Aritzia (TSE:ATZ) does not pay a dividend.

What is the price prediction for CGX stock? ›

CGX Stock 12 Month Forecast

Based on 5 Wall Street analysts offering 12 month price targets for Cineplex in the last 3 months. The average price target is C$13.61 with a high forecast of C$19.09 and a low forecast of C$9.99. The average price target represents a 61.02% change from the last price of C$8.45.

Is Aritzia in debt? ›

Total debt on the balance sheet as of February 2024 : $0.59 B. According to Aritzia's latest financial reports the company's total debt is $0.59 B.

Who owns Aritzia stock? ›

The ownership structure of Aritzia (ATZAF) stock is a mix of institutional, retail and individual investors. Approximately 27.59% of the company's stock is owned by Institutional Investors, 27.36% is owned by Insiders and 45.05% is owned by Public Companies and Individual Investors.

Is Aritzia making money? ›

Aritzia's adjusted net income amounted to $25 million compared with $11.2 million a year prior.

Where is Aritzia's headquarters? ›

Where is Aritzia headquartered? Aritzia's head office is located at Suite 118 – 611 Alexander Street, Vancouver, British Columbia, Canada, V6A 1E.

Who is CEO of Aritzia? ›

Does Aritzia pay a dividend? ›

Aritzia (DE:280) does not pay a dividend.

Is Atzaf a buy or sell? ›

Aritzia has a consensus rating of Strong Buy which is based on 6 buy ratings, 1 hold ratings and 0 sell ratings.

Why is Aritzia a good company to invest in? ›

The company has a strong track record and is focusing on expanding its presence in the retail sector, despite concerns about fashion risk. Overall, experts express optimism about Aritzia's future potential, highlighting its strong brand value and management team.

Is Aritzia a growing company? ›

Net revenue increased by 4.6% to $653.5 million, compared to $624.6 million in Q3 2023. This is on top of strong net revenue growth over the last two years of 37.8% in Q3 2023 and 62.9% in Q3 2022, resulting in a three year compound annual growth rate ("CAGR") of 32.9%.

Will Frontier Airlines stock go up? ›

ULCC Stock 12 Month Forecast

Based on 7 Wall Street analysts offering 12 month price targets for Frontier Group Holdings in the last 3 months. The average price target is $6.70 with a high forecast of $8.00 and a low forecast of $5.00. The average price target represents a 57.65% change from the last price of $4.25.

Is Frontier Lithium a good investment? ›

Frontier Lithium Inc has 292.86% upside potential, based on the analysts' average price target. Frontier Lithium Inc has a consensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings.

Is Frontier Communications a buy or sell? ›

What do analysts say about Frontier Communications Parent? Frontier Communications Parent's analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.

Is O Reilly stock a good investment? ›

O'Reilly Auto has a consensus rating of Strong Buy which is based on 11 buy ratings, 2 hold ratings and 0 sell ratings. The average price target for O'Reilly Auto is $1,185.58. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

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