-$0.15 EPS Expected for Zumiez Inc. (ZUMZ) This Quarter

Analysts expect Zumiez Inc. (NASDAQ:ZUMZ) to post ($0.15) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Zumiez’s earnings, with the lowest EPS estimate coming in at ($0.17) and the highest estimate coming in at ($0.13). Zumiez reported earnings of ($0.18) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 16.7%. The company is expected to issue its next earnings results on Thursday, June 7th.

According to Zacks, analysts expect that Zumiez will report full-year earnings of $1.53 per share for the current fiscal year, with EPS estimates ranging from $1.51 to $1.55. For the next financial year, analysts expect that the business will post earnings of $1.68 per share, with EPS estimates ranging from $1.59 to $1.75. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Zumiez.

How to Become a New Pot Stock Millionaire

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings results on Thursday, March 15th. The apparel and footwear maker reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). Zumiez had a return on equity of 8.38% and a net margin of 2.89%. The firm had revenue of $308.20 million during the quarter, compared to analysts’ expectations of $301.75 million. During the same quarter in the prior year, the firm earned $0.74 EPS. The firm’s revenue was up 16.9% compared to the same quarter last year.

A number of research analysts recently issued reports on ZUMZ shares. TheStreet upgraded shares of Zumiez from a “c+” rating to a “b-” rating in a research note on Tuesday, March 20th. Zacks Investment Research downgraded shares of Zumiez from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. BidaskClub upgraded shares of Zumiez from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 28th. B. Riley restated a “buy” rating on shares of Zumiez in a research report on Friday, March 16th. Finally, Jefferies Group set a $22.00 price objective on shares of Zumiez and gave the stock a “hold” rating in a research report on Thursday, January 4th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Zumiez presently has an average rating of “Buy” and a consensus target price of $22.00.

Shares of Zumiez stock opened at $25.00 on Friday. Zumiez has a 52-week low of $11.43 and a 52-week high of $25.25. The company has a market capitalization of $629.97, a P/E ratio of 22.68, a PEG ratio of 0.91 and a beta of 1.11.

Several large investors have recently modified their holdings of ZUMZ. The Manufacturers Life Insurance Company lifted its position in shares of Zumiez by 12.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,475 shares of the apparel and footwear maker’s stock worth $204,000 after buying an additional 1,829 shares during the last quarter. Nationwide Fund Advisors lifted its position in shares of Zumiez by 157.6% during the 3rd quarter. Nationwide Fund Advisors now owns 43,075 shares of the apparel and footwear maker’s stock worth $780,000 after buying an additional 26,351 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Zumiez during the 3rd quarter worth approximately $199,000. Ameriprise Financial Inc. lifted its position in shares of Zumiez by 20.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 110,743 shares of the apparel and footwear maker’s stock worth $2,005,000 after buying an additional 18,890 shares during the last quarter. Finally, Macquarie Group Ltd. purchased a new stake in shares of Zumiez during the 3rd quarter worth approximately $404,000. Institutional investors and hedge funds own 71.94% of the company’s stock.

WARNING: “-$0.15 EPS Expected for Zumiez Inc. (ZUMZ) This Quarter” was originally published by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another domain, it was illegally copied and republished in violation of U.S. and international trademark and copyright law. The legal version of this article can be viewed at https://www.tickerreport.com/banking-finance/3334754/0-15-eps-expected-for-zumiez-inc-zumz-this-quarter.html.

About Zumiez

Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.

Get a free copy of the Zacks research report on Zumiez (ZUMZ)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Zumiez (NASDAQ:ZUMZ)

Receive News & Ratings for Zumiez Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zumiez and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

XYLO 24-Hour Volume Tops $0.00
XYLO 24-Hour Volume Tops $0.00
Financial Survey: Boot Barn  & Foot Locker
Financial Survey: Boot Barn & Foot Locker
Yelp  versus Weight Watchers  Head-To-Head Contrast
Yelp versus Weight Watchers Head-To-Head Contrast
Reviewing Zynex  & Its Competitors
Reviewing Zynex & Its Competitors
Animecoin Price Reaches $0.0111 on Exchanges
Animecoin Price Reaches $0.0111 on Exchanges
Elcoin   Trading 13% Lower  Over Last 7 Days
Elcoin Trading 13% Lower Over Last 7 Days


© 2006-2018 Ticker Report. Google+.