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

Key Points

• Aritzia has a “Moderate Buy” consensus rating from 14 analysts, including 11 buys, two holds and one strong buy. The average 12-month price target is C$183.13.
• Several analysts recently raised their price targets, with Canaccord Genuity setting the highest at C$193 and Ventum Financial at C$186, though Ventum maintained a neutral rating.
• Aritzia reported quarterly earnings of C$0.96 per share and revenue of C$951.01 million, with an 11.45% net margin and 34.33% return on equity. Shares opened at C$128.03, versus a 12-month range of C$79.40 to C$174.52.

Shares of Aritzia Inc. (TSE:ATZ - Get Free Report) have been assigned an average rating of "Moderate Buy" from the fourteen research firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to 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 analysts have recently weighed in on the company. Ventum Financial raised their target price on Aritzia from C$180.00 to C$186.00 and gave the company a "neutral" rating in a research note on Friday, July 10th. Desjardins set a C$175.00 price target on Aritzia and gave the company a "buy" rating in a report on Wednesday, July 8th. National Bank Financial raised their price objective on Aritzia from C$171.00 to C$175.00 and gave the company an "outperform" rating in a research note on Monday, June 29th. Jefferies Financial Group raised their price objective on Aritzia from C$165.00 to C$175.00 in a research note on Friday, July 10th. Finally, Canaccord Genuity Group lifted their price objective on Aritzia from C$182.00 to C$193.00 and gave the stock a "buy" rating in a report on Friday, July 10th.

Aritzia Price Performance

Shares of ATZ stock opened at C$128.03 on Wednesday. The company has a market capitalization of C$14.67 billion, a PE ratio of 33.43, a price-to-earnings-growth ratio of 1.19 and a beta of 2.04. The firm has a fifty day simple moving average of C$139.65 and a 200-day simple moving average of C$137.47. 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 has a twelve month low of C$79.40 and a twelve month high of C$174.52.

Aritzia (TSE:ATZ - Get Free Report) last released its quarterly earnings results on Thursday, July 9th. The company reported C$0.96 earnings per share for the quarter. Aritzia had a net margin of 11.45% and a return on equity of 34.33%. The business had revenue of C$951.01 million during the quarter. Equities research analysts anticipate that Aritzia will post 1.7771148 earnings per share 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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