Zumiez Inc. (NASDAQ:ZUMZ) had its price target increased by Mizuho from $16.00 to $19.00 in a research note published on Thursday morning. The firm currently has a neutral rating on the apparel and footwear maker’s stock.
ZUMZ has been the topic of a number of other reports. Stifel Nicolaus reiterated a hold rating and issued a $17.00 price objective (up from $16.00) on shares of Zumiez in a report on Tuesday, September 13th. BMO Capital Markets reiterated a market perform rating and issued a $16.00 price objective on shares of Zumiez in a report on Saturday, September 10th. SunTrust Banks Inc. lifted their price objective on shares of Zumiez from $15.00 to $17.00 and gave the company a neutral rating in a report on Thursday, August 4th. B. Riley restated a neutral rating and set a $16.00 target price on shares of Zumiez in a report on Wednesday, June 8th. Finally, Robert W. Baird boosted their target price on shares of Zumiez from $18.00 to $19.00 and gave the stock a neutral rating in a report on Friday, September 9th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $18.13.
Zumiez (NASDAQ:ZUMZ) opened at 22.55 on Thursday. The firm has a market cap of $559.92 million, a PE ratio of 29.40 and a beta of 1.56. The stock has a 50 day moving average of $17.62 and a 200-day moving average of $16.50. Zumiez has a 52 week low of $11.53 and a 52 week high of $22.60.
Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings data on Thursday, September 8th. The apparel and footwear maker reported ($0.03) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.05. Zumiez had a net margin of 2.48% and a return on equity of 7.21%. The company had revenue of $178.30 million for the quarter, compared to the consensus estimate of $177.35 million. During the same period last year, the company earned $0.12 earnings per share. The firm’s revenue was down .8% compared to the same quarter last year. Analysts expect that Zumiez will post $0.72 earnings per share for the current year.
A number of large investors have recently bought and sold shares of ZUMZ. Cubist Systematic Strategies LLC purchased a new stake in Zumiez during the second quarter valued at $115,000. Jefferies Group LLC purchased a new stake in Zumiez during the second quarter valued at $153,000. Quantitative Systematic Strategies LLC purchased a new stake in Zumiez during the second quarter valued at $168,000. Arizona State Retirement System purchased a new stake in Zumiez during the first quarter valued at $204,000. Finally, KCG Holdings Inc. purchased a new stake in Zumiez during the second quarter valued at $269,000. 84.11% of the stock is owned by institutional investors and hedge funds.
Zumiez Inc is a specialty retailer of apparel, footwear, accessories and hardgoods for men and women. The Company operates under the names Zumiez and Blue Tomato. Additionally, the Company operates e-commerce Websites at www.zumiez.com and www.blue-tomato.com. Its product categories are men’s apparel, accessories, footwear, hardgoods and junior’s apparel.
Receive News & Ratings for Zumiez Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zumiez Inc. and related companies with MarketBeat.com's FREE daily email newsletter.