Desjardins Analysts Give Aritzia (TSE:ATZ) a C$180.00 Price Target

Desjardins set a C$180.00 price objective on Aritzia (TSE:ATZ) in a report published on Tuesday,BayStreet reports. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued research reports about the stock. TD lifted their price target on shares of Aritzia from C$183.00 to C$200.00 and gave the company a “buy” rating in a report on Friday, July 10th. Ventum Financial upped their price objective on shares of Aritzia from C$180.00 to C$186.00 and gave the stock a “neutral” rating in a report on Friday, July 10th. Jefferies Financial Group upped their price objective on shares of Aritzia from C$165.00 to C$175.00 in a report on Friday, July 10th. Stifel Nicolaus raised their target price on shares of Aritzia from C$180.00 to C$190.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Finally, National Bank Financial lifted their target price on shares of Aritzia from C$171.00 to C$175.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Aritzia presently has a consensus rating of “Moderate Buy” and a consensus target price of C$179.00.

Aritzia Trading Down 1.1%

TSE ATZ opened at C$121.89 on Tuesday. The stock has a market cap of C$13.97 billion, a P/E ratio of 31.83, a price-to-earnings-growth ratio of 1.19 and a beta of 2.18. Aritzia has a fifty-two week low of C$79.40 and a fifty-two week high of C$174.52. The stock has a 50 day simple moving average of C$129.29 and a two-hundred day simple moving average of C$138.13. 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 (TSE:ATZ) last posted its earnings results on Thursday, October 8th. The company reported C$1.31 earnings per share (EPS) for the quarter. The firm had revenue of C$1.17 billion for the quarter. Aritzia had a return on equity of 34.33% and a net margin of 11.45%. On average, analysts forecast that Aritzia will post 1.7771148 earnings per share for the current year.

Aritzia News Summary

Here are the key news stories impacting Aritzia this week:

• Positive Sentiment: Second-quarter revenue reached approximately C$1.17 billion, while earnings per share came in at C$1.31. Net income reportedly rose to about C$201.7 million, roughly triple the year-earlier result, supported by higher sales and margin expansion. Aritzia profit growth continues in Q2 as retailer grows footprint
• Positive Sentiment: Adjusted earnings jumped 122% year over year and exceeded analyst expectations, indicating strong execution and operating leverage. Aritzia Fiscal Second-Quarter Adjusted Earnings Jumps 122% YoY, Beats Forecast
• Positive Sentiment: Management raised its sales outlook as U.S. growth accelerated and the retailer continued expanding its store footprint. The stronger U.S. contribution is an important growth catalyst for Aritzia. Aritzia Raises Sales Outlook as U.S. Growth Accelerates
• Neutral Sentiment: BMO Capital Markets maintained an “outperform” rating but lowered its price target to C$191 from C$196. Desjardins set a C$180 target, while Raymond James also reduced its target, suggesting analysts remain constructive but are adjusting expectations. Raymond James Financial price target
• Negative Sentiment: Despite the earnings beat and raised outlook, ATZ remains well below its 52-week high and trades below its 50-day and 200-day moving averages. Its relatively high valuation, with a P/E near 32, may be causing investors to demand particularly strong forward results. Analyst target cuts may also be contributing to the weaker market reaction.

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.