Jennifer Wong Sells 2,000 Shares of Aritzia Inc. (TSE:ATZ) Stock

Aritzia Inc. (TSE:ATZ) Director Jennifer Wong sold 2,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$46.00, for a total value of C$92,000.00.

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 value of C$920,000.00.

Aritzia Stock Down 1.8 %

TSE:ATZ opened at C$45.63 on Friday. The firm has a market capitalization of C$4.19 billion, a price-to-earnings ratio of 66.85, a price-to-earnings-growth ratio of 1.19 and a beta of 1.83. Aritzia Inc. has a twelve month low of C$22.88 and a twelve month high of C$51.80. The stock’s 50 day moving average price is C$46.79 and its two-hundred day moving average price is C$42.30. 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 posted its quarterly earnings results on Thursday, October 10th. The company reported C$0.11 earnings per share for the quarter, missing the consensus estimate of C$0.13 by C($0.02). The company had revenue of C$615.66 million for the quarter, compared to analyst estimates of C$581.10 million. Aritzia had a return on equity of 9.84% and a net margin of 3.26%. Equities research analysts expect that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ATZ shares. CIBC raised their price target on Aritzia from C$47.00 to C$60.00 in a research report on Friday, October 11th. BMO Capital Markets raised their price target on Aritzia from C$52.00 to C$57.00 in a research report on Friday, October 11th. TD Securities dropped their target price on Aritzia from C$60.00 to C$58.00 in a research report on Friday, October 11th. Royal Bank of Canada raised Aritzia from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 31st. Finally, Canaccord Genuity Group lifted their target price on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research report on Monday, July 29th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus 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.