Zumiez Inc. (ZUMZ) Director Sells $155,276.84 in Stock
Zumiez Inc. (NASDAQ:ZUMZ) Director Scott Andrew Bailey sold 5,986 shares of the business’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $25.94, for a total transaction of $155,276.84. Following the transaction, the director now owns 3,189 shares of the company’s stock, valued at $82,722.66. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
NASDAQ ZUMZ opened at $26.58 on Friday. Zumiez Inc. has a 52-week low of $17.57 and a 52-week high of $32.70. The firm has a market cap of $678.35 million, a PE ratio of 14.85, a P/E/G ratio of 1.06 and a beta of 1.23.
Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings data on Thursday, March 14th. The apparel and footwear maker reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.07. Zumiez had a net margin of 4.62% and a return on equity of 12.24%. The company had revenue of $304.56 million during the quarter, compared to the consensus estimate of $305.55 million. During the same period in the previous year, the firm posted $0.82 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. On average, research analysts predict that Zumiez Inc. will post 1.85 earnings per share for the current fiscal year.
A number of research analysts have recently commented on ZUMZ shares. Pivotal Research lowered shares of Zumiez from a “buy” rating to a “hold” rating and reduced their price target for the company from $28.00 to $26.00 in a research report on Monday, March 11th. Zacks Investment Research lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Wednesday, December 26th. ValuEngine upgraded shares of Zumiez from a “sell” rating to a “hold” rating in a research report on Thursday, January 10th. Finally, BidaskClub upgraded shares of Zumiez from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 27th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Zumiez has a consensus rating of “Hold” and an average price target of $25.17.
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Zumiez Inc, together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment. As of September 1, 2018, the company operated 703 stores, including 610 stores in the United States, 50 stores in Canada, 36 stores in Europe, and 7 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times.
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