Aritzia Inc. (TSE:ATZ) Director Sells C$92,000.00 in Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$46.00, for a total value of C$92,000.00.

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

• On Monday, November 11th, Jennifer Wong sold 20,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total transaction of C$920,000.00.

Aritzia Stock Down 0.3 %

Aritzia stock opened at C$45.51 on Friday. Aritzia Inc. has a 52 week low of C$22.88 and a 52 week high of C$51.80. The stock has a market cap of C$4.18 billion, a price-to-earnings ratio of 66.93, a PEG ratio of 1.19 and a beta of 1.83. The company’s 50-day moving average price is C$46.82 and its two-hundred day moving average price is C$42.40. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38.

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ATZ shares. Stifel Nicolaus increased their target price on shares of Aritzia from C$50.00 to C$58.00 in a report on Friday, October 11th. BMO Capital Markets raised their target price on shares of Aritzia from C$52.00 to C$57.00 in a report on Friday, October 11th. TD Securities decreased their target price on Aritzia from C$60.00 to C$58.00 in a research note on Friday, October 11th. CIBC increased 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 upgraded 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, Aritzia 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.