Share on StockTwits

Equities researchers at Roth Capital cut their price target on shares of Quiksilver (NYSE:ZQK) from $8.00 to $7.00 in a research report issued on Wednesday. Roth Capital’s price objective indicates a potential upside of 9.55% from the company’s current price.

Quiksilver (NYSE:ZQK) traded down 0.78% during mid-day trading on Wednesday, hitting $6.34. The stock had a trading volume of 963,134 shares. Quiksilver has a one year low of $4.81 and a one year high of $9.29. The stock’s 50-day moving average is $6.41 and its 200-day moving average is $7.5. The company’s market cap is $1.076 billion.

Quiksilver (NYSE:ZQK) last announced its earnings results on Thursday, March 6th. The company reported ($0.10) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.06) by $0.04. The company had revenue of $392.60 million for the quarter, compared to the consensus estimate of $408.81 million. During the same quarter in the prior year, the company posted ($0.16) earnings per share. The company’s quarterly revenue was down 4.8% on a year-over-year basis. On average, analysts predict that Quiksilver will post $0.07 earnings per share for the current fiscal year.

Quiksilver, Inc is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding.

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.