Shares of Zumiez Inc. (NASDAQ:ZUMZ) shot up 1.8% during trading on Friday . The stock traded as high as $15.79 and last traded at $15.57, with a volume of 163,541 shares. The stock had previously closed at $15.30.

Several brokerages have commented on ZUMZ. Zacks Investment Research lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Wednesday, April 13th. Mizuho lowered their price objective on shares of Zumiez from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Thursday, May 5th. Jefferies Group restated a “hold” rating and issued a $17.00 price objective (down from $20.00) on shares of Zumiez in a report on Friday, June 3rd. B. Riley restated a “neutral” rating and issued a $16.00 price objective on shares of Zumiez in a report on Wednesday, June 8th. Finally, Wedbush lowered their price objective on shares of Zumiez from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, June 3rd. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company. Zumiez currently has an average rating of “Hold” and a consensus target price of $18.06.

The stock’s 50-day moving average is $14.86 and its 200-day moving average is $17.09. The firm has a market capitalization of $390.91 million and a PE ratio of 17.25.

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings results on Thursday, June 2nd. The apparel and footwear maker reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.03. During the same quarter last year, the firm earned $0.12 EPS. The firm had revenue of $173 million for the quarter. The company’s revenue was down 2.6% compared to the same quarter last year. Equities research analysts predict that Zumiez Inc. will post $0.74 EPS for the current fiscal year.

Other institutional investors have recently modified their holdings of the company. New York State Common Retirement Fund increased 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 valued at $3,479,000 after buying an additional 37,095 shares during the last quarter. Boston Partners purchased a new position in shares of Zumiez during the fourth quarter valued at approximately $1,313,000. Royce & Associates LLC increased its position in shares of Zumiez by 34.9% in the fourth quarter. Royce & Associates LLC now owns 370,728 shares of the apparel and footwear maker’s stock valued at $5,605,000 after buying an additional 96,000 shares during the last quarter. Systematic Financial Management LP increased its position in shares of Zumiez by 26.4% in the fourth quarter. Systematic Financial Management LP now owns 118,426 shares of the apparel and footwear maker’s stock valued at $1,790,000 after buying an additional 24,745 shares during the last quarter. Finally, Matarin Capital Management LLC purchased a new position in shares of Zumiez during the fourth quarter valued at approximately $5,866,000.

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.

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