Aritzia Inc. (TSE:ATZ - Get Free Report)'s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$144.27 and traded as low as C$130.64. Aritzia shares last traded at C$131.19, with a volume of 396,836 shares trading hands.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on ATZ shares. Stifel Nicolaus increased their price target on Aritzia from C$180.00 to C$190.00 and gave the stock a "buy" rating in a research note on Friday, July 10th. Desjardins set a C$175.00 target price on shares of Aritzia and gave the company a "buy" rating in a research note on Wednesday, July 8th. Canadian Imperial Bank of Commerce boosted their price target on shares of Aritzia from C$155.00 to C$171.00 in a research report on Sunday, May 10th. Royal Bank Of Canada upped their price target on shares of Aritzia from C$193.00 to C$202.00 and gave the stock an "outperform" rating in a research note on Friday, July 10th. Finally, BMO Capital Markets increased their price objective on shares of Aritzia from C$188.00 to C$196.00 and gave the company an "outperform" rating in a report on Friday, July 10th. One investment 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$183.13.
View Our Latest Stock Analysis on ATZ
Aritzia Stock Performance
The company has a debt-to-equity ratio of 76.35, a current ratio of 1.39 and a quick ratio of 0.19. The firm has a market capitalization of C$15.03 billion, a PE ratio of 34.25, a P/E/G ratio of 1.19 and a beta of 2.10. The firm has a fifty day moving average price of C$144.27 and a 200 day moving average price of C$136.89.
Aritzia (TSE:ATZ - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of C$951.01 million for the quarter. Research analysts anticipate that Aritzia Inc. will post 1.7771148 earnings per share for the current fiscal 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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