Shares of Zumiez Inc. (NASDAQ:ZUMZ) saw an uptick in trading volume on Thursday . 384,000 shares were traded during trading, a decline of 25% from the previous session’s volume of 511,795 shares.The stock last traded at $15.12 and had previously closed at $14.54.

Several research firms have recently issued reports on ZUMZ. B. Riley reiterated a “neutral” rating and set a $23.00 price objective on shares of Zumiez in a research report on Friday, March 11th. Wolfe Research lifted their price objective on shares of Zumiez from $13.00 to $15.00 and gave the company an “underperform” rating in a research report on Friday, March 11th. Mizuho lifted their price objective on shares of Zumiez from $16.00 to $19.00 and gave the company a “neutral” rating in a research report on Friday, March 11th. Wedbush reduced their price objective on shares of Zumiez from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Friday, March 11th. Finally, Jefferies Group reiterated a “hold” rating and set a $20.00 price objective (up previously from $17.00) on shares of Zumiez in a research report on Friday, March 11th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the stock. Zumiez presently has an average rating of “Hold” and a consensus price target of $18.06.

The stock’s 50 day moving average price is $14.71 and its 200 day moving average price is $17.11. The company has a market capitalization of $384.87 million and a PE ratio of 16.98.

Zumiez (NASDAQ:ZUMZ) last announced its earnings results on Thursday, June 2nd. The apparel and footwear maker reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.03. During the same quarter last year, the business earned $0.12 EPS. The business had revenue of $173 million for the quarter. Zumiez’s quarterly revenue was down 2.6% on a year-over-year basis. On average, equities research analysts predict that Zumiez Inc. will post $0.74 EPS for the current fiscal year.

Other hedge funds and institutional investors have recently made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Zumiez during the fourth quarter worth $1,778,000. New York State Common Retirement Fund raised its position in shares of Zumiez by 19.2% in the fourth quarter. New York State Common Retirement Fund now owns 230,120 shares of the apparel and footwear maker’s stock worth $3,479,000 after buying an additional 37,095 shares during the last quarter. Alambic Investment Management L.P. purchased a new position in shares of Zumiez during the fourth quarter worth $1,326,000. Boston Partners purchased a new position in shares of Zumiez during the fourth quarter worth $1,313,000. Finally, Principal Financial Group Inc. raised its position in shares of Zumiez by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 131,631 shares of the apparel and footwear maker’s stock worth $1,990,000 after buying an additional 5,778 shares during the last quarter.

Zumiez Inc is a multi-channel specialty retailer of apparel, footwear, accessories and hardgoods. As of January 31, 2015, the Company operated 603 stores; 550 in the United States, 35 in Canada and 18 in Europe. The Company operates under the names Zumiez and Blue Tomato. Additionally, it operates e-commerce websites at www.zumiez.com and www.bluetomato.com.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.