Zalando (OTCMKTS:ZLNDY) Given Consensus Rating of “Moderate Buy” by Brokerages

Zalando (OTCMKTS:ZLNDY) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

A number of analysts have recently issued reports on the stock. Barclays raised shares of Zalando to a “strong-buy” rating in a research note on Wednesday, May 6th. DZ Bank lowered Zalando from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, Citigroup reissued a “buy” rating on shares of Zalando in a research report on Thursday, May 14th.

Zalando Price Performance

Zalando stock opened at $15.37 on Friday. Zalando has a 52-week low of $10.84 and a 52-week high of $16.33. The company has a quick ratio of 0.58, a current ratio of 1.09 and a debt-to-equity ratio of 0.18. The firm’s fifty day moving average is $14.19 and its 200 day moving average is $13.33. The company has a market cap of $7.94 billion, a price-to-earnings ratio of 59.12 and a beta of 1.51.

Zalando (OTCMKTS:ZLNDY) last posted its earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The business had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.48 billion. Zalando had a return on equity of 4.15% and a net margin of 0.89%. Sell-side analysts forecast that Zalando will post 0.45 EPS for the current fiscal year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.