Aritzia - ATZ Stock Forecast, Price & News

Aritzia Inc., together with its subsidiaries, designs and sells apparels and accessories for women in North America. It offers t-shirts and tops, bodysuits, shirts and blouses, sweaters, jumpsuits and rompers, shirt jackets, skirts, bodysuits, activeware, knitwear, sweatsuits, pants, denims, leggings, bike shorts, dresses, jackets, blazers, jackets and coats, and shoes, as well as accessories, including hats, socks, face masks, intimates, gloves and mittens, belts, scarves, scrunchies, bags, and iphone cases. The company offers its products under the Wilfred, Super World, Babaton, and TNA brands. As of February 27, 2022, it operates approximately 105 boutiques. In addition, it sells its products through online at aritzia.com. The company was formerly known as Aritzia Capital Corporation and changed its name to Aritzia Inc. in August 2016. Aritzia Inc. was founded in 1984 and is headquartered in Vancouver, Canada.

Aritzia Price Performance

ATZ Stock opened at C$41.43 on Monday. The company has a debt-to-equity ratio of 95.58, a current ratio of 1.28 and a quick ratio of 0.49. The business has a 50 day simple moving average of C$36.47 and a 200-day simple moving average of C$43.59. The firm has a market capitalization of C$4.56 billion and a PE ratio of 27.62. Aritzia has a 1 year low of C$31.67 and a 1 year high of C$60.64.

Aritzia (TSE:ATZ - Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The company reported C$0.30 earnings per share for the quarter, topping the consensus estimate of C$0.18 by C$0.12. The business had revenue of C$444.32 million during the quarter, compared to analysts' expectations of C$401.70 million. Equities research analysts anticipate that Aritzia will post 1.9600001 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Scotiabank decreased their target price on Aritzia from C$66.00 to C$63.00 in a research report on Friday, July 8th. BMO Capital Markets reduced their price target on Aritzia from C$61.00 to C$59.00 in a research report on Friday, July 8th. Royal Bank of Canada dropped their target price on Aritzia from C$60.00 to C$52.00 and set a "sector perform" rating on the stock in a research note on Wednesday, July 6th. TD Securities boosted their target price on Aritzia from C$55.00 to C$57.00 and gave the stock a "buy" rating in a research note on Friday, July 8th. Finally, CIBC dropped their price target on Aritzia from C$54.00 to C$48.00 in a research note on Friday, July 8th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Aritzia has an average rating of "Moderate Buy" and an average price target of C$57.00.