Aritzia (ATZ) Set to Announce Earnings on Thursday

Aritzia (TSE:ATZ) will announce its earnings results after the market closes on Thursday, October 10th. Analysts expect the company to announce earnings of C$0.13 per share for the quarter.

Aritzia (TSE:ATZ) last posted its quarterly earnings results on Thursday, July 11th. The company reported C$0.16 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.13 by C$0.03. The company had revenue of C$498.63 million for the quarter, compared to the consensus estimate of C$487.16 million. Aritzia had a net margin of 3.26% and a return on equity of 9.84%.

Aritzia Trading Up 0.5 %

Shares of ATZ stock opened at C$49.28 on Thursday. Aritzia has a twelve month low of C$20.67 and a twelve month high of C$51.65. The stock’s fifty day simple moving average is C$45.80 and its 200 day simple moving average is C$40.01. The company has a quick ratio of 0.19, a current ratio of 1.40 and a debt-to-equity ratio of 97.38. The firm has a market capitalization of C$4.53 billion, a P/E ratio of 72.47, a P/E/G ratio of 1.19 and a beta of 1.82.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ATZ shares. Canaccord Genuity Group boosted their price target on Aritzia from C$46.00 to C$52.00 and gave the company a “buy” rating in a research note on Monday, July 29th. TD Securities lifted their price objective on shares of Aritzia from C$46.00 to C$50.00 in a report on Friday, July 12th. Raymond James increased their target price on shares of Aritzia from C$43.00 to C$48.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Royal Bank of Canada boosted their price target on shares of Aritzia from C$47.00 to C$56.00 and gave the stock a “sector perform” rating in a report on Wednesday. Finally, BMO Capital Markets increased their price objective on shares of Aritzia from C$50.00 to C$52.00 in a research note on Friday, July 12th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$51.13.

Insider Activity at Aritzia

In other news, Director Jennifer Wong sold 11,800 shares of Aritzia stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of C$47.75, for a total value of C$563,450.00. In related news, Director Jennifer Wong sold 11,800 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of C$47.75, for a total transaction of C$563,450.00. Also, Senior Officer Karen Kwan sold 10,000 shares of Aritzia stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of C$47.70, for a total value of C$477,000.00. 0.94% of the stock is owned by insiders.

Aritzia Company Profile

Aritzia Inc, together with its subsidiaries, designs, develops, and sells apparels and accessories for women in the United States and Canada. The company offers activewear, blazers and suiting, bodysuits, denim, dresses, jackets and coats, jumpsuits and rompers, leggings and bike shorts, pants, shirts and blouses, shorts, skirts, sweaters, and sweatpants, sweatshirts, hoodies, and sweats, as well as t-shirts, tops, intimates, bra tops, leaotards.