Aritzia (ATZ) Scheduled to Post Quarterly Earnings on Thursday

Aritzia (TSE:ATZ) is set to issue its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of C$0.29 per share for the quarter.

Aritzia Stock Down 1.4 %

ATZ opened at C$33.91 on Thursday. The firm has a 50-day simple moving average of C$35.69 and a two-hundred day simple moving average of C$30.50. Aritzia has a 52 week low of C$20.67 and a 52 week high of C$44.11. The company has a market capitalization of C$3.05 billion, a PE ratio of 41.86, a price-to-earnings-growth ratio of 1.19 and a beta of 1.85. The company has a quick ratio of 0.19, a current ratio of 1.32 and a debt-to-equity ratio of 103.38.

Analyst Ratings Changes

ATZ has been the subject of a number of analyst reports. Raymond James increased their price target on shares of Aritzia from C$35.00 to C$46.00 and gave the company an “outperform” rating in a report on Tuesday, March 19th. BMO Capital Markets increased their price target on shares of Aritzia from C$38.00 to C$41.00 and gave the company a “market perform” rating in a report on Thursday, February 15th. TD Securities increased their price target on shares of Aritzia from C$34.00 to C$45.00 and gave the company a “buy” rating in a report on Wednesday, February 14th. Stifel Nicolaus increased their price target on shares of Aritzia from C$34.00 to C$42.00 in a report on Wednesday, April 3rd. Finally, CIBC raised shares of Aritzia from a “neutral” rating to an “outperform” rating and increased their price target for the company from C$30.00 to C$37.00 in a report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$40.60.

Insiders Place Their Bets

In other Aritzia news, Senior Officer Philippa (Pippa) Morgan sold 1,568 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of C$40.44, for a total value of C$63,409.92. 0.55% of the stock is owned by insiders.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.