Zumiez Inc. (NASDAQ:ZUMZ) has been given a consensus recommendation of “Hold” by the thirteen ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $20.25.

ZUMZ has been the topic of several recent analyst reports. Jefferies Group LLC reaffirmed a “hold” rating and set a $19.00 target price on shares of Zumiez in a research report on Monday, May 15th. Zacks Investment Research raised Zumiez from a “sell” rating to a “hold” rating in a research report on Friday, May 12th. Wedbush reaffirmed a “neutral” rating and set a $16.00 target price (down from $21.00) on shares of Zumiez in a research report on Friday, March 10th. B. Riley reissued a “neutral” rating and issued a $21.50 price objective on shares of Zumiez in a report on Saturday, March 11th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $19.00 price objective on shares of Zumiez in a report on Thursday, April 27th.

Zumiez (NASDAQ:ZUMZ) opened at 12.65 on Friday. Zumiez has a 12-month low of $12.45 and a 12-month high of $26.55. The firm has a 50-day moving average price of $16.12 and a 200-day moving average price of $19.38. The company has a market cap of $315.53 million, a P/E ratio of 12.16 and a beta of 1.17.

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings data on Thursday, June 1st. The apparel and footwear maker reported ($0.18) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.02. The firm had revenue of $181.20 million during the quarter, compared to analysts’ expectations of $179.35 million. Zumiez had a return on equity of 7.64% and a net margin of 2.56%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.08) EPS. On average, equities research analysts forecast that Zumiez will post $0.91 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of ZUMZ. State Board of Administration of Florida Retirement System boosted its stake in Zumiez by 0.5% in the first quarter. State Board of Administration of Florida Retirement System now owns 18,594 shares of the apparel and footwear maker’s stock valued at $340,000 after buying an additional 88 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in Zumiez by 4.6% in the first quarter. BNP Paribas Arbitrage SA now owns 10,082 shares of the apparel and footwear maker’s stock valued at $185,000 after buying an additional 441 shares in the last quarter. Comerica Bank boosted its stake in Zumiez by 2.9% in the first quarter. Comerica Bank now owns 19,309 shares of the apparel and footwear maker’s stock valued at $350,000 after buying an additional 547 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Zumiez by 0.5% in the first quarter. Baird Financial Group Inc. now owns 204,743 shares of the apparel and footwear maker’s stock valued at $3,747,000 after buying an additional 1,000 shares in the last quarter. Finally, State of Tennessee Treasury Department boosted its stake in Zumiez by 7.3% in the first quarter. State of Tennessee Treasury Department now owns 16,441 shares of the apparel and footwear maker’s stock valued at $301,000 after buying an additional 1,123 shares in the last quarter. 85.19% of the stock is owned by hedge funds and other institutional investors.

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Zumiez Company Profile

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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