Aritzia Inc. (TSE:ATZ) Given Consensus Recommendation of “Moderate Buy” by Brokerages (2024)

Shares of Aritzia Inc. (TSE:ATZ – Get Free Report) have received a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$49.25.

A number of analysts recently weighed in on the stock. CIBC raised their price target on shares of Aritzia from C$41.00 to C$47.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Stifel Nicolaus upped their price target on Aritzia from C$42.00 to C$50.00 and gave the company a “buy” rating in a research note on Friday, July 12th. UBS Group raised their price target on Aritzia from C$53.00 to C$54.00 in a report on Friday, July 12th. Royal Bank of Canada boosted their price objective on Aritzia from C$46.00 to C$47.00 in a report on Friday, July 12th. Finally, TD Securities raised their target price on shares of Aritzia from C$46.00 to C$50.00 in a research note on Friday, July 12th.

Check Out Our Latest Research Report on Aritzia

Aritzia Stock Performance

Shares of TSE:ATZ opened at C$45.15 on Friday. The business has a fifty day moving average of C$38.43 and a 200-day moving average of C$36.40. The company has a debt-to-equity ratio of 99.80, a quick ratio of 0.19 and a current ratio of 1.40. Aritzia has a twelve month low of C$20.67 and a twelve month high of C$48.23. The firm has a market cap of C$4.11 billion, a PE ratio of 65.43, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84.

Aritzia (TSE:ATZ – Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported C$0.21 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of C$681.97 million for the quarter, compared to the consensus estimate of C$681.70 million. On average, equities research analysts predict that Aritzia will post 1.7411386 EPS for the current fiscal year.

Insider Transactions at Aritzia

In other Aritzia news, Director Jennifer Wong sold 11,800 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of C$47.75, for a total value of C$563,450.00. In other Aritzia news, Director Jennifer Wong sold 11,800 shares of Aritzia stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of C$47.75, for a total transaction of C$563,450.00. Also, Senior Officer David John Maciver sold 173,254 shares of the business’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. In the last ninety days, insiders sold 207,054 shares of company stock worth $7,790,507. 0.55% of the stock is currently owned by company insiders.

Aritzia Company Profile

(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.

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