Zumiez (ZUMZ) Releases Quarterly Earnings Results
Zumiez (NASDAQ:ZUMZ) posted its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.23 by $0.03, American Banking News.com reports.
Shares of Zumiez (NASDAQ:ZUMZ) traded up 0.36% on Thursday, hitting $32.405. 458,718 shares of the company’s stock traded hands. Zumiez has a 52-week low of $20.68 and a 52-week high of $33.64. The stock has a 50-day moving average of $29.6 and a 200-day moving average of $26.96. The company has a market cap of $941.1 million and a price-to-earnings ratio of 20.98.
ZUMZ has been the subject of a number of recent research reports. Analysts at Susquehanna raised their price target on shares of Zumiez from $28.00 to $32.00 in a research note on Friday, August 8th. They now have a “neutral” rating on the stock. On a related note, analysts at Jefferies Group raised their price target on shares of Zumiez from $25.00 to $28.00 in a research note on Thursday, July 10th. They now have a “hold” rating on the stock. Finally, analysts at CRT Capital raised their price target on shares of Zumiez from $30.00 to $31.00 in a research note on Thursday, July 10th. They now have a “fair value” rating on the stock. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $30.00.
Zumiez Inc (NASDAQ:ZUMZ) is a specialty retailer of action sports related apparel, footwear, equipment and accessories operating under the Zumiez brand name.
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