Zumiez Inc. (NASDAQ:ZUMZ)‘s stock had its “hold” rating reiterated by equities research analysts at Robert W. Baird in a research note issued to investors on Friday. They presently have a $17.00 price target on the apparel and footwear maker’s stock. Robert W. Baird’s price objective points to a potential upside of 4.29% from the stock’s current price.

ZUMZ has been the subject of a number of other reports. Jefferies Group LLC reissued a “hold” rating and set a $19.00 price target on shares of Zumiez in a research note on Monday, May 15th. Zacks Investment Research raised shares of Zumiez from a “sell” rating to a “hold” rating in a research note on Friday, May 12th. BMO Capital Markets set a $16.00 price target on shares of Zumiez and gave the stock a “hold” rating in a research note on Tuesday, August 8th. BidaskClub raised shares of Zumiez from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Finally, B. Riley raised shares of Zumiez from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $17.00 to $18.00 in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $19.20.

Shares of Zumiez (NASDAQ ZUMZ) traded up 23.48% during mid-day trading on Friday, reaching $16.30. 4,339,260 shares of the company were exchanged. The stock has a market capitalization of $410.71 million, a P/E ratio of 17.18 and a beta of 1.27. Zumiez has a 12 month low of $11.43 and a 12 month high of $26.55. The firm has a 50-day moving average price of $12.66 and a 200 day moving average price of $15.11.

Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings results on Thursday, September 7th. The apparel and footwear maker reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. The business had revenue of $192.20 million during the quarter, compared to the consensus estimate of $192.12 million. Zumiez had a net margin of 2.78% and a return on equity of 7.92%. Zumiez’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.03) earnings per share. Equities research analysts anticipate that Zumiez will post $0.96 EPS for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System boosted its holdings in shares of 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 during the period. Texas Permanent School Fund boosted its holdings in shares of Zumiez by 2.1% in the second quarter. Texas Permanent School Fund now owns 12,877 shares of the apparel and footwear maker’s stock valued at $159,000 after buying an additional 260 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of 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 during the period. Comerica Bank boosted its holdings in shares of 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 during the period. Finally, Baird Financial Group Inc. boosted its holdings in shares of 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 during the period. Institutional investors own 81.81% of the company’s stock.

About Zumiez

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.

Analyst Recommendations for Zumiez (NASDAQ:ZUMZ)

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