Zalando (OTCMKTS:ZLNDY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Zalando (OTCMKTS:ZLNDY) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

ZLNDY has been the subject of a number of research analyst reports. Citigroup reaffirmed a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. Barclays upgraded Zalando from an “equal weight” rating to an “overweight” rating in a research report on Tuesday.

Zalando Stock Performance

Shares of Zalando stock opened at $14.66 on Tuesday. The firm has a market cap of $7.74 billion, a PE ratio of 28.19 and a beta of 1.60. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.17. Zalando has a 52 week low of $12.61 and a 52 week high of $20.64. The business’s fifty day simple moving average is $13.86 and its 200-day simple moving average is $14.69.

Zalando (OTCMKTS:ZLNDY) last posted its earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). The company had revenue of $3.47 billion during the quarter, compared to analyst estimates of $3.45 billion. Zalando had a net margin of 2.07% and a return on equity of 8.67%. Equities analysts forecast that Zalando will post 0.5 earnings per share for the current year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.