Aritzia (TSE:ATZ) Stock Price Target Raised at Ventum Capital
by Mitch Edgeman · The Markets DailyAritzia (TSE:ATZ – Get Free Report) had its target price upped by research analysts at Ventum Capital from C$146.00 to C$160.00 in a research report issued to clients and investors on Friday, BayStreet reports. The brokerage presently has a “neutral” rating on the stock. Ventum Capital’s price objective suggests a potential upside of 10.95% from the company’s current price.
ATZ has been the subject of several other reports. Jefferies Financial Group upped their target price on shares of Aritzia from C$165.00 to C$175.00 in a research note on Friday, July 10th. Desjardins set a C$180.00 target price on Aritzia and gave the company a “buy” rating in a research report on Tuesday. BMO Capital Markets decreased their price target on Aritzia from C$196.00 to C$191.00 and set an “outperform” rating for the company in a research note on Thursday. Canaccord Genuity Group decreased their target price on Aritzia from C$193.00 to C$189.00 and set a “buy” rating for the company in a research report on Thursday, October 1st. Finally, Ventum Financial raised their price objective on Aritzia from C$180.00 to C$186.00 and gave the stock a “neutral” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$178.62.
Check Out Our Latest Report on Aritzia
Aritzia Stock Up 18.3%
Shares of TSE:ATZ traded up C$22.32 during midday trading on Friday, hitting C$144.21. 1,702,212 shares of the company’s stock traded hands, compared to its average volume of 696,819. The company has a debt-to-equity ratio of 76.35, a quick ratio of 0.19 and a current ratio of 1.39. The company has a market cap of C$16.52 billion, a PE ratio of 37.65, a P/E/G ratio of 1.19 and a beta of 2.18. The firm’s fifty day moving average price is C$129.29 and its two-hundred day moving average price is C$138.13. Aritzia has a twelve month low of C$84.48 and a twelve month high of C$174.52.
Aritzia (TSE:ATZ – Get Free Report) last announced its quarterly earnings results on Thursday, October 8th. The company reported C$1.31 earnings per share (EPS) for the quarter. Aritzia had a return on equity of 34.33% and a net margin of 11.45%.The firm had revenue of C$1.17 billion during the quarter. On average, equities research analysts anticipate that Aritzia will post 1.7771148 EPS for the current fiscal year.
Key Stories Impacting Aritzia
Here are the key news stories impacting Aritzia this week:
- Positive Sentiment: Strong quarterly performance: Aritzia reported approximately C$1.17 billion in quarterly revenue and C$1.31 in earnings per share. Profit rose to roughly C$201.7 million, nearly triple the prior-year level, while adjusted earnings increased 122% year over year and exceeded forecasts. Aritzia Reports Second Quarter Fiscal 2027 Financial Results
- Positive Sentiment: U.S. expansion is driving growth: Continued revenue growth in the United States and the company’s expanding store footprint supported the earnings improvement. Management also raised its sales outlook, signaling confidence that demand and international expansion can remain strong. Aritzia Raises Sales Outlook as U.S. Growth Accelerates
- Positive Sentiment: Analyst support remains substantial: RBC raised its price target, while BMO maintained an “outperform” rating despite reducing its target to C$191 from C$196. Aritzia was also highlighted among Canadian growth stocks to watch in October. Aritzia Price Target Lowered at TD, Raised at RBC
- Negative Sentiment: Mixed target revisions: TD lowered its price target, and Raymond James also cut its target. Desjardins set a C$180 target, indicating analysts remain positive overall but are tempering expectations after the stock’s strong run. Aritzia Stock Price Target Cut by Raymond James Financial
- Neutral Sentiment: Aritzia’s shares have traded near the upper end of their one-year range, with a price-to-earnings ratio above 37. The strong results support the premium valuation, but sustained earnings and U.S. growth will be needed to justify it.
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.
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