Aritzia (TSE:ATZ) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Key Points

• Aritzia shares slipped below their 50‑day moving average, trading at C$113.52 (50‑day = C$115.90) and hitting a low of C$109.20 on volume of 533,913 shares.
• Wall Street remains broadly bullish with a consensus "Buy" rating, an average target price of C$139.67 and several firms raising targets as high as C$164.00.
• The company trades at a premium with a market cap of C$13.14 billion and a trailing P/E of 38.74, paired with strong return on equity (29.12%) but elevated net leverage (debt‑to‑equity 77.42%).

Aritzia Inc. (TSE:ATZ - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$115.90 and traded as low as C$109.20. Aritzia shares last traded at C$113.52, with a volume of 533,913 shares.

Wall Street Analysts Forecast Growth

ATZ has been the topic of a number of recent analyst reports. Royal Bank Of Canada boosted their target price on Aritzia from C$116.00 to C$150.00 and gave the stock an "outperform" rating in a report on Friday, January 9th. Jefferies Financial Group raised their price target on Aritzia from C$114.00 to C$140.00 in a report on Tuesday, January 6th. Canaccord Genuity Group lifted their price objective on shares of Aritzia from C$135.00 to C$164.00 and gave the stock a "buy" rating in a research report on Friday, January 9th. BMO Capital Markets set a C$163.00 price objective on shares of Aritzia and gave the company an "outperform" rating in a report on Thursday, March 19th. Finally, Stifel Nicolaus increased their price objective on shares of Aritzia from C$132.00 to C$150.00 and gave the company a "buy" rating in a research report on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Aritzia currently has a consensus rating of "Buy" and an average target price of C$139.67.

Aritzia Stock Up 5.0%

The company has a market cap of C$13.14 billion, a price-to-earnings ratio of 38.74, a P/E/G ratio of 1.19 and a beta of 2.06. The company has a debt-to-equity ratio of 77.42, a current ratio of 1.44 and a quick ratio of 0.19. The firm has a 50-day moving average price of C$115.90 and a 200 day moving average price of C$107.77.

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

About Aritzia

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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