Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan Sells 3,800 Shares

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 3,800 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$46.00, for a total value of C$174,800.00.

Karen Kwan also recently made the following trade(s):

• On Friday, November 1st, Karen Kwan sold 5,000 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$230,000.00.

Aritzia Price Performance

ATZ opened at C$45.63 on Friday. The company has a fifty day moving average price of C$46.79 and a two-hundred day moving average price of C$42.30. 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 Inc. has a 52 week low of C$22.88 and a 52 week high of C$51.80. The firm has a market capitalization of C$4.19 billion, a PE ratio of 66.85, a P/E/G ratio of 1.19 and a beta of 1.83.

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). Aritzia had a net margin of 3.26% and a return on equity of 9.84%. The firm had revenue of C$615.66 million during the quarter, compared to analyst estimates of C$581.10 million. As a group, analysts anticipate that Aritzia Inc. will post 1.7771148 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ATZ. BMO Capital Markets raised their price target on Aritzia from C$52.00 to C$57.00 in a research report on Friday, October 11th. Stifel Nicolaus raised their price target on Aritzia from C$50.00 to C$58.00 in a research report on Friday, October 11th. Canaccord Genuity Group raised their price target on Aritzia from C$46.00 to C$52.00 and gave the company 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 research report on Friday, October 11th. Finally, Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 31st. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$55.38.

Aritzia Company Profile

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.