Aritzia (ATZ) Scheduled to Post Quarterly Earnings on Thursday

Aritzia (TSE:ATZ) is scheduled to post its quarterly earnings results after the market closes on Thursday, July 11th. Analysts expect Aritzia to post earnings of C$0.16 per share for the quarter.

Aritzia (TSE:ATZ) last released its quarterly earnings data on Thursday, May 2nd. The company reported C$0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.29 by C($0.08). Aritzia had a net margin of 3.38% and a return on equity of 10.55%. The firm had revenue of C$681.97 million during the quarter, compared to analysts’ expectations of C$681.70 million.

Aritzia Price Performance

ATZ stock opened at C$37.75 on Thursday. The firm’s 50-day moving average price is C$35.76 and its two-hundred day moving average price is C$34.60. Aritzia has a 12-month low of C$20.67 and a 12-month high of C$41.25. The stock has a market capitalization of C$3.43 billion, a price-to-earnings ratio of 54.71, a PEG ratio of 1.19 and a beta of 1.84. The company has a current ratio of 1.40, a quick ratio of 0.19 and a debt-to-equity ratio of 99.80.

Wall Street Analysts Forecast Growth

ATZ has been the topic of several research reports. TD Securities boosted their price objective on shares of Aritzia from C$43.00 to C$46.00 and gave the stock a “buy” rating in a research note on Wednesday, June 19th. CIBC boosted their price objective on shares of Aritzia from C$37.00 to C$41.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. Canaccord Genuity Group boosted their price objective on shares of Aritzia from C$38.00 to C$40.00 and gave the stock a “buy” rating in a research note on Friday, May 3rd. Raymond James dropped their price objective on shares of Aritzia from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Friday, May 3rd. Finally, BMO Capital Markets raised shares of Aritzia from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from C$41.00 to C$50.00 in a research note on Friday, May 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$41.90.

Insider Activity at Aritzia

In other Aritzia news, Senior Officer David John Maciver sold 173,254 shares of the stock in a transaction on Monday, May 6th. The shares were sold at an average price of C$36.64, for a total transaction of C$6,348,026.56. In other news, Senior Officer David John Maciver sold 173,254 shares of the firm’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of C$36.64, for a total value of C$6,348,026.56. Also, Senior Officer Karen Kwan sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of C$34.00, for a total transaction of C$34,000.00. Over the last ninety days, insiders sold 185,254 shares of company stock valued at $6,750,057. Corporate insiders own 0.55% of the company’s stock.

About Aritzia

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.