Aritzia Inc. (TSE:ATZ) Receives Consensus Rating of “Moderate Buy” from Analysts

Aritzia Inc. (TSE:ATZ) has earned an average recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$183.13.

A number of brokerages have issued reports on ATZ. Royal Bank Of Canada lifted their target price on shares of Aritzia from C$193.00 to C$202.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Raymond James Financial increased their price target on shares of Aritzia from C$155.00 to C$200.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. Desjardins set a C$175.00 price objective on shares of Aritzia and gave the stock a “buy” rating in a research note on Wednesday, July 8th. 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 research report on Friday, July 10th. Finally, BMO Capital Markets upped their target price on Aritzia from C$188.00 to C$196.00 and gave the company an “outperform” rating in a research note on Friday, July 10th.

Aritzia Trading Up 0.7%

Shares of ATZ stock opened at C$138.06 on Friday. The stock has a market cap of C$15.82 billion, a P/E ratio of 36.05, a P/E/G ratio of 1.19 and a beta of 2.10. The company has a quick ratio of 0.19, a current ratio of 1.39 and a debt-to-equity ratio of 76.35. Aritzia has a fifty-two week low of C$72.98 and a fifty-two week high of C$174.52. The business has a fifty day simple moving average of C$148.45 and a 200-day simple moving average of C$136.03.

Aritzia (TSE:ATZ) last released its quarterly earnings data on Thursday, July 9th. The company reported C$0.96 EPS for the quarter. The business had revenue of C$951.01 million for the quarter. Aritzia had a net margin of 11.45% and a return on equity of 34.33%. On average, analysts forecast 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.