Aritzia (TSE:ATZ) Trading 13.9% Higher (2024)

Aritzia Inc. (TSE:ATZ - Get Free Report)'s share price shot up 13.9% on Friday . The company traded as high as C$47.70 and last traded at C$47.26. 220,962 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 356,179 shares. The stock had previously closed at C$41.51.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. CIBC raised their price target on shares of Aritzia from C$37.00 to C$41.00 and gave the company an "outperform" rating in a research report on Friday, May 3rd. TD Securities raised their price target on shares of Aritzia from C$46.00 to C$50.00 in a research report on Friday. BMO Capital Markets raised their price target on shares of Aritzia from C$50.00 to C$52.00 in a research report on Friday. Royal Bank of Canada raised their price target on shares of Aritzia from C$46.00 to C$47.00 in a research report on Friday. Finally, Raymond James dropped their price target on shares of 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. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, Aritzia presently has a consensus rating of "Moderate Buy" and an average target price of C$46.67.

Read Our Latest Analysis on Aritzia

Aritzia Price Performance

The business's fifty day moving average is C$36.63 and its 200-day moving average is C$35.24. The company has a debt-to-equity ratio of 99.80, a current ratio of 1.40 and a quick ratio of 0.19. The firm has a market cap of C$4.33 billion, a PE ratio of 69.07, a P/E/G ratio of 1.19 and a beta of 1.84.

Ad Insiders Exposed$5k to $1.3m in just 3 tradesIt doesn’t happen often, but occasionally, something completely unique comes across my radar.In this case, I’m talking about legal “Insider Trading”.Traders who have consistently signaled 453% … 610% .. and even 1036%... gains.And until now they have been doing it completely under the radar.In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.Register for the imminent briefing here.

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

Insider Transactions at Aritzia

In other news, Senior Officer David John Maciver sold 173,254 shares of Aritzia stock in a transaction dated Monday, May 6th. The shares were sold at an average price of C$36.64, for a total value of C$6,348,026.56. In related news, Senior Officer Karen Kwan sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of C$34.00, for a total transaction of C$34,000.00. Also, Senior Officer David John Maciver sold 173,254 shares of the business's stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of C$36.64, for a total transaction of C$6,348,026.56. Insiders sold 185,254 shares of company stock worth $6,750,057 over the last quarter. Corporate insiders own 0.55% of the company's stock.

Aritzia Company Profile

(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.

Further Reading

  • Five stocks we like better than Aritzia
  • Stock Ratings and Recommendations: Understanding Analyst Ratings
  • Top 3 Beverage Stocks: Summer Earnings Reveal Key Trends
  • Unveiling The Power Of VWAP: A Key Indicator For Traders
  • This Financial Stock's Earnings Signal a Buying Opportunity
  • Which Wall Street Analysts are the Most Accurate?
  • Social Platform Stock Hits New Highs: Is More Growth Ahead?

→ Does this make you sick? (From Allegiance Gold) (Ad)Aritzia (TSE:ATZ) Trading 13.9% Higher (3)

Should you invest $1,000 in Aritzia right now?

Before you consider Aritzia, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aritzia wasn't on the list.

While Aritzia currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Aritzia (TSE:ATZ) Trading 13.9% Higher (4)

Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Aritzia (TSE:ATZ) Trading 13.9% Higher (2024)

FAQs

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 did Aritzia stock go up? ›

Shares in the Vancouver-based retailer closed $5.55 higher at $32.01. The spike came on the heels of Aritzia's latest financial results, which showed the company's net income dropped by 39 per cent to $43.1 million. Net revenue for its third quarter reached $653.5 million, up from $624.6 million a year earlier.

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.

What is the PE ratio of Aritzia? ›

As of today (2024-07-06), Aritzia's share price is C$39.14. Aritzia's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.69. Therefore, Aritzia's PE Ratio (TTM) for today is 56.72.

Does ATZ pay dividends? ›

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

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 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.

Is Aritzia making money? ›

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

Who is the majority shareholder of Aritzia? ›

According to the latest TipRanks data, approximately 5.02% of Aritzia (ATZAF) stock is held by institutional investors. According to the latest TipRanks data, approximately 44.76% of Aritzia (ATZAF) stock is held by retail investors. Canlux Ab Investments One S. À R.L. owns the most shares of Aritzia (ATZAF).

What is the projection for Aritzia? ›

Aritzia is forecast to grow earnings and revenue by 51.2% and 11.1% per annum respectively. EPS is expected to grow by 39.8% per annum. Return on equity is forecast to be 24.7% in 3 years.

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%.

Is Aritzia a buy zacks? ›

Aritzia Inc is a TSX Apparel Stores company headquartered in Vancouver, CAN. Currently, Aritzia Inc's consensus rating is "Strong Buy" based on 9 analysts according to Zacks. From those 9 analysts, 8 have buy ratings and 1 analysts gave hold ratings.

What PE ratio does Warren Buffett use? ›

With those two breadcrumbs, we see that Buffett has historically paid PE ratios of somewhere 11-15 times, which translates Ricky into earnings yields, earnings yields are just the inverse of the PE ratio of roughly 7-9 percent. These are low below market average valuations, that's the big takeaway so far, Ricky.

What is the return on equity for aritzia? ›

Aritzia's return on equity is 9.8%, and it has net margins of 3.4%.

How many shares does Aritzia have? ›

Number of shares outstanding as of July 2024 : 110,660,000.

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.

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Van Hayes

Last Updated:

Views: 6037

Rating: 4.6 / 5 (46 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Van Hayes

Birthday: 1994-06-07

Address: 2004 Kling Rapid, New Destiny, MT 64658-2367

Phone: +512425013758

Job: National Farming Director

Hobby: Reading, Polo, Genealogy, amateur radio, Scouting, Stand-up comedy, Cryptography

Introduction: My name is Van Hayes, I am a thankful, friendly, smiling, calm, powerful, fine, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.