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 firm’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of C$46.50, for a total transaction 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 shares were 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 shares were sold at an average price of C$46.00, for a total transaction of C$92,000.00.

Aritzia Stock Down 1.6 %

Shares of ATZ opened at C$44.64 on Wednesday. Aritzia Inc. has a 12 month low of C$22.88 and a 12 month high of C$51.80. The firm’s 50 day moving average is C$46.80 and its 200-day moving average is C$42.52. The stock has a market capitalization of C$4.10 billion, a PE ratio of 65.65, a P/E/G ratio of 1.19 and a beta of 1.83. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 97.38.

Aritzia (TSE:ATZ) last announced its earnings results on Thursday, October 10th. The company reported C$0.11 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of C$581.10 million. Equities research analysts forecast that Aritzia Inc. will post 1.7771148 EPS for the current year.

Wall Street Analyst Weigh In

ATZ has been the subject of several recent analyst reports. Canaccord Genuity Group raised their target price on shares of Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday, July 29th. TD Securities lowered their price target on shares of Aritzia from C$60.00 to C$58.00 in a report on Friday, October 11th. BMO Capital Markets increased their price target on shares of Aritzia from C$52.00 to C$57.00 in a report on Friday, October 11th. Stifel Nicolaus increased their price target on shares of Aritzia from C$50.00 to C$58.00 in a report on Friday, October 11th. Finally, CIBC increased their price target on shares of Aritzia from C$47.00 to C$60.00 in a report on Friday, October 11th. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus 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.