Share on StockTwits

Analysts at RBC Capital lowered their price objective on shares of Zulily (NYSE:ZU) from $50.00 to $45.00 in a research report issued to clients and investors on Wednesday, Analyst Ratings News reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s price objective suggests a potential upside of 47.93% from the company’s current price.

Zulily (NYSE:ZU) opened at 30.42 on Wednesday. Zulily has a 52-week low of $30.25 and a 52-week high of $73.50. The stock has a 50-day moving average of $46.98 and a 200-day moving average of $45.06. The company’s market cap is $3.776 billion.

Zulily (NYSE:ZU) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.01 by $0.03. The company had revenue of $237.90 million for the quarter, compared to the consensus estimate of $233.58 million. During the same quarter last year, the company posted ($0.03) earnings per share. Zulily’s revenue was up 87.3% compared to the same quarter last year. Analysts expect that Zulily will post $0.23 EPS for the current fiscal year.

Zulily, Inc is an e-commerce company. The Company, through its desktop and mobile Websites and mobile applications, which it refers to as its sites, helps its customers discover new and unique products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.