Zalando (OTCMKTS:ZLNDY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Zalando (OTCMKTS:ZLNDY) have been given an average recommendation of “Moderate Buy” by the six research firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have recently weighed in on ZLNDY shares. Citigroup reaffirmed a “buy” rating on shares of Zalando in a research report on Thursday, May 14th. Barclays raised Zalando to a “strong-buy” rating in a research report on Wednesday, May 6th. Finally, DZ Bank downgraded Zalando from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th.

Zalando Trading Up 0.2%

Shares of OTCMKTS:ZLNDY opened at $16.07 on Friday. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 61.81 and a beta of 1.51. Zalando has a 12 month low of $10.84 and a 12 month high of $16.33. The company’s fifty day simple moving average is $14.01 and its 200 day simple moving average is $13.32. The company has a quick ratio of 0.58, a current ratio of 1.09 and a debt-to-equity ratio of 0.18.

Zalando (OTCMKTS:ZLNDY) last announced its earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). Zalando had a return on equity of 4.15% and a net margin of 0.89%.The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.48 billion. As a group, research analysts forecast that Zalando will post 0.45 EPS for the current fiscal year.

Zalando Company Profile

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.