Aritzia Inc. (TSE:ATZ) Given Consensus Rating of "Buy" by Brokerages

Key Points

• Buy consensus from 12 analysts (10 buy, 1 hold, 1 strong buy) with an average 12-month target of C$139.92; several brokers recently lifted targets (e.g., TD C$155, CIBC C$148).
• Shares opened at C$127.42, trading near the 52-week high of C$139.59 and above the 50- and 200-day moving averages (C$116.56 and C$109.36), implying limited but tangible upside to consensus targets.
• Latest quarter: EPS C$1.10 on C$1.04B revenue with a 10.18% net margin and 29.12% ROE; valuation and balance-sheet metrics include a PE of 43.49, P/E/G 1.19, and debt-to-equity of 77.42.

Aritzia Inc. (TSE:ATZ - Get Free Report) has earned a consensus rating of "Buy" from the twelve research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$139.92.

ATZ has been the topic of a number of research reports. Canadian Imperial Bank of Commerce boosted their price target on Aritzia from C$132.00 to C$148.00 in a report on Friday, January 9th. TD Securities increased their price objective on Aritzia from C$133.00 to C$155.00 and gave the stock a "buy" rating in a report on Friday, January 9th. Desjardins lifted their target price on Aritzia from C$125.00 to C$133.00 and gave the company a "buy" rating in a research report on Tuesday, January 6th. Jefferies Financial Group boosted their target price on Aritzia from C$114.00 to C$140.00 in a research note on Tuesday, January 6th. Finally, Raymond James Financial raised their price target on shares of Aritzia from C$110.00 to C$130.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 7th.

Aritzia Price Performance

Shares of ATZ opened at C$127.42 on Friday. The company has a debt-to-equity ratio of 77.42, a quick ratio of 0.19 and a current ratio of 1.44. The stock has a 50 day simple moving average of C$116.56 and a 200 day simple moving average of C$109.36. Aritzia has a 52-week low of C$39.92 and a 52-week high of C$139.59. The firm has a market capitalization of C$14.75 billion, a PE ratio of 43.49, a P/E/G ratio of 1.19 and a beta of 1.95.

Aritzia (TSE:ATZ - Get Free Report) last announced its earnings results on Thursday, January 8th. The company reported C$1.10 EPS for the quarter. Aritzia had a net margin of 10.18% and a return on equity of 29.12%. The firm had revenue of C$1.04 billion for the quarter. Sell-side analysts predict that Aritzia will post 1.7771148 EPS for the current fiscal 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.

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