Zumiez Inc. (NASDAQ:ZUMZ) – B. Riley boosted their FY2018 EPS estimates for shares of Zumiez in a research note issued to investors on Friday. B. Riley analyst J. Van. Sinderen now forecasts that the apparel and footwear maker will earn $1.07 per share for the year, up from their previous estimate of $1.02. B. Riley has a “Buy” rating and a $23.00 price objective on the stock. B. Riley also issued estimates for Zumiez’s Q4 2018 earnings at $0.79 EPS and FY2019 earnings at $1.18 EPS.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings data on Thursday, November 30th. The apparel and footwear maker reported $0.48 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.48. Zumiez had a return on equity of 8.11% and a net margin of 2.84%. The company had revenue of $245.80 million for the quarter, compared to analyst estimates of $244.50 million. During the same quarter in the previous year, the company earned $0.43 EPS. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year.

A number of other brokerages have also weighed in on ZUMZ. BMO Capital Markets set a $20.00 price objective on Zumiez and gave the company a “hold” rating in a report on Friday. Jefferies Group reaffirmed a “hold” rating and issued a $21.00 price objective on shares of Zumiez in a report on Sunday. Robert W. Baird reaffirmed a “neutral” rating and issued a $17.00 price objective on shares of Zumiez in a report on Tuesday, October 3rd. Zacks Investment Research raised Zumiez from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a report on Tuesday, September 12th. Finally, BidaskClub raised Zumiez from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Zumiez currently has an average rating of “Hold” and an average target price of $20.00.

Shares of Zumiez (ZUMZ) opened at $19.95 on Monday. Zumiez has a twelve month low of $11.43 and a twelve month high of $26.55. The firm has a market capitalization of $503.35, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 1.04 and a beta of 1.39.

Several hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in shares of Zumiez by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,136,908 shares of the apparel and footwear maker’s stock valued at $26,391,000 after acquiring an additional 39,438 shares during the period. Vanguard Group Inc. lifted its position in shares of Zumiez by 7.4% during the 2nd quarter. Vanguard Group Inc. now owns 1,776,196 shares of the apparel and footwear maker’s stock valued at $21,936,000 after acquiring an additional 123,142 shares during the period. Numeric Investors LLC acquired a new stake in shares of Zumiez during the 2nd quarter valued at approximately $7,672,000. FMR LLC lifted its position in shares of Zumiez by 6.5% during the 2nd quarter. FMR LLC now owns 595,966 shares of the apparel and footwear maker’s stock valued at $7,361,000 after acquiring an additional 36,144 shares during the period. Finally, Prudential Financial Inc. lifted its position in shares of Zumiez by 79.0% during the 3rd quarter. Prudential Financial Inc. now owns 317,190 shares of the apparel and footwear maker’s stock valued at $5,741,000 after acquiring an additional 139,969 shares during the period. Institutional investors own 74.98% of the company’s stock.

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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.

Earnings History and Estimates for Zumiez (NASDAQ:ZUMZ)

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