Zumiez (NASDAQ: ZUMZ) has recently received a number of price target changes and ratings updates:

  • 9/13/2017 – Zumiez had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $18.00 price target on the stock.
  • 9/12/2017 – Zumiez was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “Zumiez has substantially outperformed the industry in the past month riding on robust top and bottom-line surprise trends, alongside solid comps performance in recent months. The company maintained the trend in second-quarter fiscal 2017 as both top and bottom lines beat estimates. Notably, the company delivered positive earnings surprise for the eighth straight quarter, while sales topped estimates in six of the last eight quarters. It also delivered positive comps for both the second quarter and August, marking fourth straight quarter and sixth consecutive month of comps growth. Moreover, Zumiez issued an encouraging outlook for the third quarter owing to the continuation of the comps momentum. However, the company expects foreign currency to bear a greater impact on sales, expenses and profitability in the fiscal second half, due to the strengthening of the European, Canadian and Australian currencies against the U.S. dollar.”
  • 9/10/2017 – Zumiez was given a new $16.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 9/8/2017 – Zumiez was upgraded by analysts at B. Riley from a “neutral” rating to a “buy” rating. They now have a $18.00 price target on the stock, up previously from $17.00.
  • 9/8/2017 – Zumiez had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $17.00 price target on the stock.
  • 9/5/2017 – Zumiez was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Zumiez has outperformed the industry in the past year, mainly backed the favorable comps and sales trend in recent months. Notably, the company delivered comps and sales growth for July, which marked the fifth straight month of comps growth. However, the company continues to battle soft mall traffic, volatile consumer spending and macroeconomic volatility. Further, retail industry is challenged by strong U.S. dollar, volatile commodity costs and global uncertainty. Nevertheless, we commend Zumiez’s efforts to keep pace with the evolving retail trends, as evident from its focus on omni-channel development. This helped Zumiez post seventh straight quarter of earnings surprise in first-quarter fiscal 2017. Also, its strategic initiatives, authentic lifestyle positioning and commitment to customer service position it for market share gains in the long term. Estimates have been stable lately ahead of the second quarter earnings release.”
  • 8/30/2017 – Zumiez was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock. According to Zacks, “Zumiez has outperformed the industry in the last three months, mainly backed the favorable comps and sales trend in recent months. Notably, the company delivered comps and sales growth for July, which marked the fifth straight month of comps growth. However, the company continues to battle soft mall traffic, volatile consumer spending and macroeconomic volatility. Further, retail industry is challenged by strong U.S. dollar, volatile commodity costs and global uncertainty. Nevertheless, we commend Zumiez’s efforts to keep pace with the evolving retail trends, as evident from its focus on omni-channel development. This helped Zumiez post seventh straight quarter of earnings surprise in first-quarter fiscal 2017. Also, its strategic initiatives, authentic lifestyle positioning and commitment to customer service position it for market share gains in the long term. Estimates have witnessed positive revisions ahead of the second quarter earnings.”
  • 8/25/2017 – Zumiez was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/8/2017 – Zumiez was given a new $16.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 8/1/2017 – Zumiez was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Zumiez came out with June comps last month, which marked its fourth straight month of growth. This also encouraged management to raise its second quarter outlook, which has been boosting estimates ahead of the company’s earnings release. Additionally, we commend Zumiez’s efforts to keep pace with the evolving retail trends, as evident from its focus on omni-channel development. Also, its strategic initiatives, authentic lifestyle positioning and commitment to customer service position it to gain market share in the long term. However, Zumiez has lagged the broader industry in the last three months, plagued by a tough retail landscape. The company continues to battle soft mall traffic, volatile consumer spending and macroeconomic volatility. These factors hurt Zumiez’s first-quarter fiscal 2017, wherein the company posted a loss that was wider than the year-ago period. “
  • 7/31/2017 – Zumiez was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Zumiez Inc. (NASDAQ:ZUMZ) traded down 1.80% on Thursday, reaching $16.35. 631,930 shares of the company were exchanged. Zumiez Inc. has a 52 week low of $11.43 and a 52 week high of $26.55. The stock has a 50-day moving average price of $12.86 and a 200 day moving average price of $14.99. The stock has a market capitalization of $412.51 million, a price-to-earnings ratio of 17.05 and a beta of 1.27.

Zumiez (NASDAQ:ZUMZ) last posted its earnings results on Thursday, September 7th. The apparel and footwear maker reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.04. The firm had revenue of $192.20 million for 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 7.83%. The company’s revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted ($0.03) EPS. Analysts forecast that Zumiez Inc. will post $1.05 earnings per share for the current year.

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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