Shares of Zumiez Inc. (NASDAQ:ZUMZ) shot up 2.3% on Monday . The company traded as high as $17.51 and last traded at $17.37, with a volume of 620,315 shares. The stock had previously closed at $16.98.

A number of research firms have weighed in on ZUMZ. B. Riley reaffirmed a “neutral” rating and set a $16.00 target price on shares of Zumiez in a research note on Friday, June 3rd. Wedbush reaffirmed a “hold” rating on shares of Zumiez in a research note on Saturday, June 4th. Mizuho decreased their target price on shares of Zumiez from $19.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, May 5th. Credit Suisse Group AG reaffirmed a “hold” rating and set a $12.00 target price on shares of Zumiez in a research note on Friday, June 3rd. Finally, Wolfe Research decreased their target price on shares of Zumiez from $14.00 to $11.00 and set an “underperform” rating on the stock in a research note on Tuesday, May 31st. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $18.06.

The company has a market cap of $441.72 million and a PE ratio of 19.49. The firm’s 50-day moving average is $15.27 and its 200 day moving average is $17.12.

Zumiez (NASDAQ:ZUMZ) last released its earnings results on Thursday, June 2nd. The apparel and footwear maker reported ($0.08) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.03. The business had revenue of $173 million for the quarter. The business’s revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.12 earnings per share. Equities research analysts forecast that Zumiez Inc. will post $0.73 EPS for the current fiscal year.

Several institutional investors have added to or reduced their stakes in the stock. Matarin Capital Management LLC acquired a new position in Zumiez during the fourth quarter valued at approximately $5,866,000. Systematic Financial Management LP raised its position in 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 in the last quarter. Royce & Associates LLC raised its position in 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 in the last quarter. Boston Partners acquired a new position in Zumiez during the fourth quarter valued at approximately $1,313,000. Finally, New York State Common Retirement Fund raised its position in 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 in 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.

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