Aritzia Inc. (TSE:ATZ - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$41.90.
ATZ has been the subject of a number of analyst reports. Raymond James decreased their target price on shares of Aritzia from C$46.00 to C$43.00 and set an "outperform" rating for the company in a research report on Friday, May 3rd. TD Securities raised their target price on Aritzia from C$43.00 to C$46.00 and gave the stock a "buy" rating in a report on Wednesday, June 19th. CIBC boosted their target price on shares of Aritzia from C$37.00 to C$41.00 and gave the company an "outperform" rating in a research note on Friday, May 3rd. BMO Capital Markets raised shares of Aritzia from a "market perform" rating to an "outperform" rating and increased their target price for the stock from C$41.00 to C$50.00 in a research note on Friday, May 3rd. Finally, Canaccord Genuity Group upped their price target on Aritzia from C$38.00 to C$40.00 and gave the stock a "buy" rating in a report on Friday, May 3rd.
Get Our Latest Stock Analysis on Aritzia
Insider Buying and Selling at Aritzia
In related news, Senior Officer Karen Kwan sold 5,000 shares of the company's stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$34.00, for a total transaction of C$170,000.00. In related news, Senior Officer David John Maciver sold 173,254 shares of the company's 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. Also, Senior Officer Karen Kwan sold 5,000 shares of the business's stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$34.00, for a total transaction of C$170,000.00. In the last 90 days, insiders have sold 185,254 shares of company stock worth $6,750,057. Corporate insiders own 0.55% of the company's stock.
Aritzia Stock Up 2.9 %
Shares of Aritzia stock traded up C$1.08 during trading on Monday, hitting C$38.72. 490,375 shares of the stock traded hands, compared to its average volume of 356,134. Aritzia has a 52-week low of C$20.67 and a 52-week high of C$41.25. The stock's fifty day simple moving average is C$35.61 and its 200 day simple moving average is C$34.49. The firm has a market cap of C$3.52 billion, a P/E ratio of 56.12, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 99.80.
Aritzia (TSE:ATZ - Get Free Report) last announced its quarterly 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). Aritzia had a return on equity of 10.55% and a net margin of 3.38%. The business had revenue of C$681.97 million during the quarter, compared to analysts' expectations of C$681.70 million. On average, equities analysts predict that Aritzia will post 1.7411386 earnings per share for the current fiscal year.
About Aritzia
(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.
Featured Stories
- Five stocks we like better than Aritzia
- Where to Find Earnings Call Transcripts
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
→ Major Pharma Deals Propel This Undervalued AI Stock (From Behind the Markets) (Ad)
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
12 Stocks Corporate Insiders are Abandoning
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
