Zumiez (NASDAQ:ZUMZ) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.88-0.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.80.
A number of brokerages have recently issued reports on ZUMZ. Jefferies Group set a $22.00 price objective on Zumiez and gave the stock a hold rating in a research note on Thursday. B. Riley reiterated a buy rating and set a $21.00 price objective (up previously from $18.00) on shares of Zumiez in a research note on Thursday, October 5th. Robert W. Baird reiterated a neutral rating and set a $17.00 price objective on shares of Zumiez in a research note on Tuesday, October 3rd. William Blair reiterated a buy rating on shares of Zumiez in a research note on Thursday. Finally, BMO Capital Markets set a $20.00 price objective on Zumiez and gave the stock a hold rating in a research note on Friday, December 1st. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $20.44.
Shares of Zumiez (NASDAQ:ZUMZ) opened at $22.95 on Friday. Zumiez has a 12 month low of $11.43 and a 12 month high of $24.44. The firm has a market capitalization of $579.48, a price-to-earnings ratio of 22.72, a P/E/G ratio of 1.03 and a beta of 1.39.
Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings data on Thursday, November 30th. The apparel and footwear maker reported $0.48 EPS for the quarter, meeting analysts’ consensus estimates of $0.48. Zumiez had a return on equity of 7.99% and a net margin of 2.84%. The firm had revenue of $245.80 million for the quarter, compared to analyst estimates of $244.50 million. During the same period in the prior year, the firm posted $0.43 EPS. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. equities analysts forecast that Zumiez will post 1.08 earnings per share for the current year.
In other Zumiez news, Director Scott Andrew Bailey sold 7,843 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $20.75, for a total value of $162,742.25. Following the transaction, the director now directly owns 9,908 shares of the company’s stock, valued at approximately $205,591. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 27.50% of the company’s stock.
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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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