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

Shares of Zalando (OTCMKTS:ZLNDY) have been given an average recommendation of “Moderate Buy” by the six analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of equities research analysts have issued reports on the stock. Barclays upgraded shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. Sanford C. Bernstein upgraded shares of Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Finally, Citigroup reiterated a “buy” rating on shares of Zalando in a report on Thursday, May 14th.

Zalando Price Performance

Zalando stock opened at $13.99 on Monday. The firm has a market cap of $7.22 billion, a PE ratio of 53.81 and a beta of 1.54. Zalando has a 52-week low of $10.84 and a 52-week high of $17.15. The company has a quick ratio of 0.58, a current ratio of 1.09 and a debt-to-equity ratio of 0.18. The company’s 50 day moving average is $12.89 and its two-hundred day moving average is $13.17.

Zalando (OTCMKTS:ZLNDY) last released its earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.48 billion. Zalando had a return on equity of 4.15% and a net margin of 0.89%. On average, research analysts expect that Zalando will post 0.47 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.