Aritzia Inc. (TSE:ATZ) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Aritzia Inc. (TSE:ATZ) have received a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$183.13.

ATZ has been the topic of a number of analyst reports. Canaccord Genuity Group lifted their price target on Aritzia from C$182.00 to C$193.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Raymond James Financial increased their price objective on Aritzia from C$155.00 to C$200.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Wells Fargo & Company raised their target price on shares of Aritzia from C$110.00 to C$140.00 in a report on Wednesday, April 29th. Jefferies Financial Group lifted their target price on shares of Aritzia from C$165.00 to C$175.00 in a research note on Friday, July 10th. Finally, BMO Capital Markets upped their price target on shares of Aritzia from C$188.00 to C$196.00 and gave the company an “outperform” rating in a report on Friday, July 10th.

Aritzia Stock Up 0.6%

Shares of TSE:ATZ opened at C$131.19 on Friday. The stock’s 50-day moving average price is C$147.00 and its 200-day moving average price is C$136.16. Aritzia has a 12-month low of C$76.10 and a 12-month high of C$174.52. The stock has a market capitalization of C$15.03 billion, a P/E ratio of 34.25, a price-to-earnings-growth ratio of 1.19 and a beta of 2.10. The company has a current ratio of 1.39, a quick ratio of 0.19 and a debt-to-equity ratio of 76.35.

Aritzia (TSE:ATZ) last released its earnings results on Thursday, July 9th. The company reported C$0.96 earnings per share for the quarter. The company had revenue of C$951.01 million during the quarter. Aritzia had a return on equity of 34.33% and a net margin of 11.45%. On average, equities analysts anticipate that Aritzia will post 1.7771148 earnings per share for the current year.

Aritzia Company Profile

Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories. Its geographical segments include Canada and the United States. The company generates the majority of revenue from Retail, followed by eCommerce.