Aritzia (TSE:ATZ – Free Report) had its target price trimmed by BMO Capital Markets from C$196.00 to C$191.00 in a research note released on Thursday morning,BayStreet reports. The brokerage currently has an outperform rating on the stock.
A number of other equities research analysts also recently weighed in on the stock. TD raised their target price on shares of Aritzia from C$183.00 to C$200.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Raymond James Financial decreased their price target on shares of Aritzia from C$200.00 to C$175.00 and set an “outperform” rating on the stock in a report on Tuesday, October 6th. UBS Group raised their price objective on shares of Aritzia from C$189.00 to C$204.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Desjardins set a C$180.00 price objective on Aritzia and gave the stock a “buy” rating in a report on Tuesday, October 6th. Finally, Jefferies Financial Group boosted their target price on Aritzia from C$165.00 to C$175.00 in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$178.62.
Aritzia Price Performance
Aritzia (TSE:ATZ – Get Free Report) last announced its earnings results on Thursday, October 8th. The company reported C$1.31 earnings per share for the quarter. The business had revenue of C$1.17 billion for the quarter. Aritzia had a return on equity of 42.25% and a net margin of 13.62%. On average, research analysts expect that Aritzia will post 1.78 EPS for the current fiscal year.
Aritzia News Roundup
Here are the key news stories impacting Aritzia this week:
- Positive Sentiment: Aritzia reported fiscal second-quarter revenue of approximately C$1.17 billion and EPS of C$1.31. Adjusted earnings reportedly jumped 122% year over year and exceeded analyst expectations, while net profit roughly tripled to C$201.7 million. Aritzia Fiscal Second-Quarter Adjusted Earnings Jumps 122% YoY, Beats Forecast
- Positive Sentiment: The retailer raised its sales outlook as U.S. revenue growth accelerated and it continued expanding its store footprint, reinforcing the growth strategy that is attracting investor interest. Aritzia Raises Sales Outlook as U.S. Growth Accelerates
- Positive Sentiment: Canaccord Genuity raised its price target from C$189 to C$194 and maintained a “buy” rating, signaling confidence that earnings momentum and U.S. expansion can support further gains.
- Positive Sentiment: Ventum Capital increased its target from C$146 to C$160, despite retaining a more cautious “neutral” rating.
- Neutral Sentiment: TD cut its target from C$200 to C$175 but continued to rate Aritzia “buy.” The lower target introduces a more cautious valuation view, while still implying meaningful upside. Aritzia Price Target Lowered at TD
- Neutral Sentiment: BMO also trimmed its target to C$191 from C$196 but maintained an “outperform” rating, suggesting analysts remain broadly positive despite moderating expectations.
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.
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