Aritzia Inc. (TSE:ATZ) Director Jennifer Wong Sells 2,000 Shares of Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 2,000 shares of Aritzia stock in a transaction that occurred on Friday, November 8th. The stock was 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 shares were sold at an average price of C$46.00, for a total value of C$920,000.00.

Aritzia Stock Performance

Shares of TSE:ATZ opened at C$46.45 on Thursday. 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 company has a market capitalization of C$4.27 billion, a price-to-earnings ratio of 68.31, a PEG ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a 12 month low of C$22.88 and a 12 month high of C$51.80. The firm’s 50-day moving average is C$46.79 and its 200 day moving average is C$42.30.

Aritzia (TSE:ATZ) last released its earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing the consensus estimate of C$0.13 by C($0.02). The business had revenue of C$615.66 million for the quarter, compared to the consensus estimate of C$581.10 million. Aritzia had a return on equity of 9.84% and a net margin of 3.26%. Research analysts predict that Aritzia Inc. will post 1.7771148 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ATZ. 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. 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. CIBC increased their price target on shares of Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. Canaccord Genuity Group boosted their price objective on Aritzia from C$46.00 to C$52.00 and gave the stock a “buy” rating in a research note on Monday, July 29th. Finally, BMO Capital Markets upped their price objective on Aritzia from C$52.00 to C$57.00 in a research report on Friday, October 11th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus 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.