Jennifer Wong Sells 20,000 Shares of Aritzia Inc. (TSE:ATZ) Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 20,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$46.50, for a total value of C$930,000.00.

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.
• On Friday, November 8th, Jennifer Wong sold 2,000 shares of Aritzia stock. The stock was sold at an average price of C$46.00, for a total value of C$92,000.00.

Aritzia Trading Down 0.3 %

Shares of ATZ stock traded down C$0.14 during mid-day trading on Monday, hitting C$45.37. 223,468 shares of the company’s stock were exchanged, compared to its average volume of 356,693. The stock has a market cap of C$4.17 billion, a price-to-earnings ratio of 66.72, a PEG ratio of 1.19 and a beta of 1.83. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38. Aritzia Inc. has a fifty-two week low of C$22.88 and a fifty-two week high of C$51.80. The stock has a 50-day simple moving average of C$46.82 and a two-hundred day simple moving average of C$42.45.

Aritzia (TSE:ATZ) last issued its quarterly 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). Aritzia had a return on equity of 9.84% and a net margin of 3.26%. The business had revenue of C$615.66 million during the quarter, compared to analyst estimates of C$581.10 million. Equities analysts expect that Aritzia Inc. will post 1.7771148 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on ATZ. BMO Capital Markets raised their price target on Aritzia from C$52.00 to C$57.00 in a research note on Friday, October 11th. Royal Bank of Canada upgraded shares of Aritzia from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 31st. Canaccord Genuity Group upped their price target on shares of Aritzia from C$46.00 to C$52.00 and gave the stock a “buy” rating in a research note on Monday, July 29th. CIBC raised their price objective on Aritzia from C$47.00 to C$60.00 in a research note on Friday, October 11th. Finally, Stifel Nicolaus lifted their target price on shares of Aritzia from C$50.00 to C$58.00 in a research report on Friday, October 11th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$55.38.

About Aritzia

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.