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

Aritzia Inc. (TSE:ATZ) has earned an average rating of “Moderate Buy” from the fifteen brokerages that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$183.13.

ATZ has been the subject of several recent analyst reports. Desjardins set a C$175.00 price objective on shares of Aritzia and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Jefferies Financial Group boosted their target price on shares of Aritzia from C$165.00 to C$175.00 in a report on Friday, July 10th. Royal Bank Of Canada increased their price target on shares of Aritzia from C$193.00 to C$202.00 and gave the company an “outperform” rating in a research note on Friday, July 10th. Raymond James Financial raised their price target on shares of Aritzia from C$155.00 to C$200.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Finally, BMO Capital Markets lifted 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.

Aritzia Stock Performance

TSE ATZ opened at C$145.08 on Tuesday. The stock’s fifty day moving average is C$153.19 and its two-hundred day moving average is C$133.31. The firm has a market capitalization of C$16.62 billion, a P/E ratio of 37.88, a price-to-earnings-growth ratio of 1.19 and a beta of 2.03. The company has a debt-to-equity ratio of 76.35, a quick ratio of 0.19 and a current ratio of 1.39. Aritzia has a fifty-two week low of C$70.70 and a fifty-two week high of C$174.52.

Aritzia (TSE:ATZ) last issued 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. On average, research analysts anticipate that Aritzia will post 1.7771148 earnings per share for the current year.

About Aritzia

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.