Zumiez (NASDAQ:ZUMZ) issued an update on its first quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $-0.13–0.07 for the period, compared to the Thomson Reuters consensus estimate of $-0.05. The company issued revenue guidance of $202-206 million, compared to the consensus revenue estimate of $213.07 million.Zumiez also updated its Q1 guidance to $(0.13)-(0.07) EPS.
Shares of NASDAQ ZUMZ opened at $23.68 on Friday. Zumiez has a fifty-two week low of $17.57 and a fifty-two week high of $32.70. The stock has a market capitalization of $627.55 million, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 1.07 and a beta of 1.24.
Zumiez (NASDAQ:ZUMZ) last released its earnings results on Thursday, March 14th. The apparel and footwear maker reported $1.18 EPS for the quarter, topping the Zacks’ consensus estimate of $1.11 by $0.07. Zumiez had a return on equity of 10.06% and a net margin of 3.62%. The firm had revenue of $304.56 million during the quarter, compared to the consensus estimate of $305.55 million. During the same quarter in the previous year, the company posted $0.82 earnings per share. The company’s revenue was down 1.2% compared to the same quarter last year. Sell-side analysts forecast that Zumiez will post 1.73 EPS for the current year.
A number of equities research analysts recently commented on ZUMZ shares. ValuEngine raised Zumiez from a sell rating to a hold rating in a report on Thursday, January 10th. B. Riley decreased their target price on Zumiez to $32.00 and set a buy rating for the company in a report on Monday, December 3rd. BidaskClub raised Zumiez from a sell rating to a hold rating in a report on Tuesday, January 22nd. Zacks Investment Research downgraded Zumiez from a hold rating to a sell rating in a report on Wednesday, December 26th. Finally, Pivotal Research reaffirmed a buy rating and set a $28.00 target price on shares of Zumiez in a report on Thursday, January 10th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $25.14.
Zumiez Company Profile
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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