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.
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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