Zumiez (ZUMZ) Earning Somewhat Favorable News Coverage, Report Shows
News articles about Zumiez (NASDAQ:ZUMZ) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Zumiez earned a news impact score of 0.17 on Accern’s scale. Accern also gave headlines about the apparel and footwear maker an impact score of 46.2518077965969 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Zumiez (ZUMZ) traded down 3.06% during mid-day trading on Monday, hitting $17.40. The stock had a trading volume of 304,447 shares. The stock has a market cap of $439.00 million, a PE ratio of 18.14 and a beta of 1.36. The firm’s 50-day moving average is $17.48 and its 200 day moving average is $14.81. Zumiez has a one year low of $11.43 and a one year high of $26.55.
Zumiez (NASDAQ:ZUMZ) last issued its earnings results on Thursday, September 7th. The apparel and footwear maker reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $192.20 million during the quarter, compared to analyst estimates of $192.12 million. Zumiez had a net margin of 2.78% and a return on equity of 7.83%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.03) EPS. Equities research analysts expect that Zumiez will post $1.05 EPS for the current year.
ZUMZ has been the topic of a number of recent analyst reports. Zacks Investment Research raised Zumiez from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, August 30th. BMO Capital Markets set a $16.00 price target on Zumiez and gave the stock a “hold” rating in a research note on Sunday, September 10th. Jefferies Group LLC set a $15.00 price target on Zumiez and gave the stock a “hold” rating in a research note on Thursday, October 5th. Robert W. Baird reissued a “hold” rating and set a $17.00 price target on shares of Zumiez in a research note on Friday, September 8th. Finally, BidaskClub raised Zumiez from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $18.89.
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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.
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