Wall Street Zen Upgrades Zumiez (NASDAQ:ZUMZ) to Buy

Zumiez (NASDAQ:ZUMZ) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

A number of other equities research analysts have also weighed in on ZUMZ. B. Riley boosted their target price on Zumiez from $14.00 to $18.00 and gave the company a “neutral” rating in a research note on Friday, September 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Zumiez in a research report on Wednesday, October 8th. Finally, Zacks Research lowered Zumiez from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $18.00.

Zumiez Stock Performance

Shares of ZUMZ opened at $21.71 on Friday. Zumiez has a fifty-two week low of $11.31 and a fifty-two week high of $24.37. The firm has a market cap of $372.41 million, a price-to-earnings ratio of -2,168.83 and a beta of 1.06. The firm has a 50 day moving average price of $20.57 and a 200-day moving average price of $16.02.

Zumiez (NASDAQ:ZUMZ) last issued its earnings results on Thursday, September 4th. The apparel and footwear maker reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.05. The company had revenue of $214.28 million for the quarter, compared to analysts’ expectations of $210.53 million. Zumiez had a net margin of 0.06% and a return on equity of 0.19%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.04) EPS. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. As a group, equities research analysts predict that Zumiez will post -0.12 earnings per share for the current year.

Insider Buying and Selling

In other Zumiez news, insider Chris K. Visser sold 5,618 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $20.09, for a total value of $112,865.62. Following the completion of the transaction, the insider directly owned 44,303 shares in the company, valued at approximately $890,047.27. This represents a 11.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Liliana Gil Valletta sold 3,655 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $21.30, for a total transaction of $77,851.50. Following the completion of the sale, the director directly owned 7,154 shares of the company’s stock, valued at approximately $152,380.20. This represents a 33.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 21.20% of the stock is owned by corporate insiders.

Institutional Trading of Zumiez

Several institutional investors and hedge funds have recently bought and sold shares of ZUMZ. Quantbot Technologies LP purchased a new position in shares of Zumiez during the 2nd quarter worth approximately $71,000. CWM LLC boosted its position in shares of Zumiez by 422.9% during the second quarter. CWM LLC now owns 6,751 shares of the apparel and footwear maker’s stock valued at $90,000 after purchasing an additional 5,460 shares in the last quarter. Magnetar Financial LLC bought a new stake in shares of Zumiez during the first quarter valued at approximately $173,000. Caxton Associates LLP purchased a new stake in Zumiez in the first quarter worth $176,000. Finally, Panagora Asset Management Inc. bought a new position in Zumiez in the second quarter worth $193,000. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Company Profile

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.