Karen Kwan Sells 3,800 Shares of Aritzia Inc. (TSE:ATZ) Stock

Aritzia Inc. (TSE:ATZ) Senior Officer Karen Kwan sold 3,800 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$46.00, for a total value of C$174,800.00.

Karen Kwan also recently made the following trade(s):

• On Friday, November 1st, Karen Kwan sold 5,000 shares of Aritzia stock. The shares were sold at an average price of C$46.00, for a total value of C$230,000.00.

Aritzia Price Performance

ATZ opened at C$45.63 on Friday. The stock has a fifty day moving average of C$46.79 and a 200-day moving average of C$42.30. The firm has a market capitalization of C$4.19 billion, a P/E ratio of 66.85, 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 company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on ATZ shares. Stifel Nicolaus increased their price target on Aritzia from C$50.00 to C$58.00 in a research note on Friday, October 11th. TD Securities decreased their price target on Aritzia from C$60.00 to C$58.00 in a research note on Friday, October 11th. Canaccord Genuity Group increased their price target on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday, July 29th. Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, October 31st. Finally, CIBC raised their price objective on Aritzia from C$47.00 to C$60.00 in a research note on Friday, October 11th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently 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.