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

Key Points

• Aritzia has a “Moderate Buy” consensus rating from 15 analysts: 12 recommend buying, two rate it a hold, and one gives a strong-buy rating. The average 12-month price target is C$183.13.
• Analysts have recently raised their targets, including UBS to C$204 and BMO Capital Markets to C$196, reflecting continued optimism about the stock.
• Aritzia reported quarterly EPS of C$0.96 on revenue of C$951.01 million, with a 34.33% return on equity and an 11.45% net margin.

Aritzia Inc. (TSE:ATZ - Get Free Report) has been given a consensus rating of "Moderate Buy" by the fifteen brokerages that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$183.13.

Several research analysts have issued reports on ATZ shares. BMO Capital Markets increased their target price on shares of Aritzia from C$188.00 to C$196.00 and gave the stock an "outperform" rating in a report on Friday, July 10th. Wells Fargo & Company boosted their price target on shares of Aritzia from C$110.00 to C$140.00 in a report on Wednesday, April 29th. Desjardins set a C$175.00 price target on shares of Aritzia and gave the stock a "buy" rating in a research report on Wednesday, July 8th. UBS Group increased 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 note on Friday, June 26th. Finally, National Bank Financial lifted their price objective on shares of Aritzia from C$171.00 to C$175.00 and gave the company an "outperform" rating in a report on Monday, June 29th.

Aritzia Price Performance

Shares of ATZ stock opened at C$138.65 on Friday. Aritzia has a twelve month low of C$72.98 and a twelve month high of C$174.52. The stock has a market capitalization of C$15.89 billion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 1.19 and a beta of 2.10. The stock has a fifty day simple moving average of C$149.92 and a two-hundred day simple moving average of C$135.34. The company has a current ratio of 1.39, a quick ratio of 0.19 and a debt-to-equity ratio of 76.35.

Aritzia (TSE:ATZ - Get Free Report) last posted its quarterly earnings results on Thursday, July 9th. The company reported C$0.96 earnings per share (EPS) for the quarter. The business had revenue of C$951.01 million for the quarter. Aritzia had a return on equity of 34.33% and a net margin of 11.45%. On average, 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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