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

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 20,000 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of C$46.00, for a total value of C$920,000.00.

Jennifer Wong also recently made the following trade(s):

• 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 value of C$92,000.00.

Aritzia Stock Performance

Shares of ATZ stock opened at C$46.45 on Thursday. The company’s 50 day moving average price is C$46.79 and its two-hundred day moving average price is C$42.30. Aritzia Inc. has a 52 week low of C$22.88 and a 52 week high of C$51.80. The company has a market capitalization of C$4.27 billion, a P/E ratio of 68.31, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The company has a debt-to-equity ratio of 97.38, a quick ratio of 0.19 and a current ratio of 1.40.

Aritzia (TSE:ATZ) last posted its earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.02). Aritzia had a return on equity of 9.84% and a net margin of 3.26%. The firm had revenue of C$615.66 million for the quarter, compared to analyst estimates of C$581.10 million. On average, analysts expect that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ATZ. CIBC upped their price target on Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. Stifel Nicolaus lifted their price target on Aritzia from C$50.00 to C$58.00 in a research note on Friday, October 11th. BMO Capital Markets upped their target price on Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th. Canaccord Genuity Group raised their target price on shares of Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday, July 29th. Finally, Royal Bank of Canada upgraded Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price 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.