Zalando (OTCMKTS:ZLNDY – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.09), Zacks reports. The company had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.45 billion. Zalando had a net margin of 2.07% and a return on equity of 8.95%.
Zalando Stock Down 7.0%
Shares of ZLNDY stock traded down $0.97 during trading hours on Friday, reaching $12.94. The company had a trading volume of 30,524 shares, compared to its average volume of 23,034. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.98 and a current ratio of 1.38. Zalando has a twelve month low of $12.79 and a twelve month high of $20.64. The company has a market capitalization of $6.83 billion, a P/E ratio of 24.89 and a beta of 1.57. The stock’s fifty day simple moving average is $14.98 and its 200 day simple moving average is $15.87.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. Cfra Research downgraded Zalando from a “moderate buy” rating to a “hold” rating in a research report on Monday, August 11th. Morgan Stanley restated an “underweight” rating on shares of Zalando in a report on Monday, July 14th. Citigroup reiterated a “buy” rating on shares of Zalando in a report on Friday, September 26th. Finally, Baader Bank raised shares of Zalando to a “buy” rating in a research report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Zalando has an average rating of “Moderate Buy”.
Zalando Company Profile
Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.
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