Equities research analysts expect that Zumiez Inc. (NASDAQ:ZUMZ) will report $0.90 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Zumiez’s earnings, with estimates ranging from $0.88 to $0.90. Zumiez reported earnings of $0.74 per share in the same quarter last year, which indicates a positive year over year growth rate of 21.6%. The business is expected to report its next earnings report on Thursday, March 8th.
According to Zacks, analysts expect that Zumiez will report full year earnings of $1.18 per share for the current financial year, with EPS estimates ranging from $1.15 to $1.21. For the next year, analysts forecast that the business will report earnings of $1.40 per share, with EPS estimates ranging from $1.29 to $1.49. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Zumiez.
Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings data on Thursday, November 30th. The apparel and footwear maker reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. The business had revenue of $245.80 million for the quarter, compared to analysts’ expectations of $244.50 million. Zumiez had a net margin of 2.84% and a return on equity of 7.99%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 EPS.
Shares of Zumiez (ZUMZ) opened at $19.35 on Friday. The company has a market cap of $516.36, a price-to-earnings ratio of 18.97, a P/E/G ratio of 0.79 and a beta of 1.29. Zumiez has a 52-week low of $11.43 and a 52-week high of $24.44.
In other Zumiez news, Director Scott Andrew Bailey sold 7,843 shares of Zumiez stock in a transaction on Monday, December 4th. The shares were sold at an average price of $20.75, for a total value of $162,742.25. Following the sale, the director now directly owns 9,908 shares in the company, valued at approximately $205,591. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 27.50% of the stock is currently owned by insiders.
A number of hedge funds have recently modified their holdings of the business. Thrivent Financial For Lutherans acquired a new position in shares of Zumiez during the 2nd quarter worth about $130,000. Voya Investment Management LLC acquired a new position in shares of Zumiez during the 2nd quarter worth about $142,000. Russell Investments Group Ltd. acquired a new position in shares of Zumiez during the 3rd quarter worth about $199,000. The Manufacturers Life Insurance Company increased its stake in shares of Zumiez by 12.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,475 shares of the apparel and footwear maker’s stock worth $204,000 after purchasing an additional 1,829 shares during the last quarter. Finally, ClariVest Asset Management LLC acquired a new position in shares of Zumiez during the 3rd quarter worth about $212,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.
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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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