Aritzia Inc. (TSE:ATZ) Senior Officer Sells C$299,000.00 in Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 6,500 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of C$46.00, for a total value of C$299,000.00.

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

• On Friday, November 8th, Karen Kwan sold 3,800 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total value of C$174,800.00.
• 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 transaction of C$230,000.00.

Aritzia Stock Performance

Aritzia stock opened at C$44.64 on Wednesday. Aritzia Inc. has a 52 week low of C$22.88 and a 52 week high of C$51.80. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38. The stock has a market cap of C$4.10 billion, a P/E ratio of 65.65, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. The stock has a 50 day moving average of C$46.80 and a 200-day moving average of C$42.52.

Aritzia (TSE:ATZ) last issued its earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share (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 during 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 Ratings Changes

A number of analysts recently commented on ATZ shares. Canaccord Genuity Group increased their price objective on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday, July 29th. CIBC lifted their price target on Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. TD Securities decreased their target price on shares of Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. Royal Bank of Canada raised shares of Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. Finally, Stifel Nicolaus lifted their target price on Aritzia from C$50.00 to C$58.00 in a report on Friday, October 11th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, Aritzia 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.