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.
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.
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.
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.
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