Aritzia Inc. (TSE:ATZ - Get Free Report)'s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$140.71 and traded as low as C$123.95. Aritzia shares last traded at C$128.67, with a volume of 435,171 shares changing hands.
Analysts Set New Price Targets
ATZ has been the topic of several recent analyst reports. UBS Group raised their price objective on Aritzia from C$189.00 to C$204.00 and gave the company a "buy" rating in a research note on Friday, June 26th. BMO Capital Markets raised their price target on shares of Aritzia from C$188.00 to C$196.00 and gave the company an "outperform" rating in a research report on Friday, July 10th. National Bank Financial boosted their price target on shares of Aritzia from C$171.00 to C$175.00 and gave the stock an "outperform" rating in a report on Monday, June 29th. Jefferies Financial Group lifted their target price on shares of Aritzia from C$165.00 to C$175.00 in a research report on Friday, July 10th. Finally, Ventum Financial boosted their target price on Aritzia from C$180.00 to C$186.00 and gave the stock a "neutral" rating in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of C$183.13.
View Our Latest Stock Analysis on ATZ
Aritzia Price Performance
The company has a current ratio of 1.39, a quick ratio of 0.19 and a debt-to-equity ratio of 76.35. The company has a market cap of C$14.74 billion, a P/E ratio of 33.60, a PEG ratio of 1.19 and a beta of 2.10. The business's fifty day moving average is C$140.71 and its 200 day moving average is C$137.29.
Aritzia (TSE:ATZ - Get Free Report) last released its earnings results on Thursday, July 9th. The company reported C$0.96 earnings per share (EPS) for the quarter. Aritzia had a return on equity of 34.33% and a net margin of 11.45%.The business had revenue of C$951.01 million during the quarter. As a group, sell-side analysts anticipate that Aritzia Inc. will post 1.7771148 EPS for the current year.
About Aritzia
(
Get Free Report)
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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