Zumiez Inc. (NASDAQ:ZUMZ) has earned a consensus rating of “Hold” from the thirteen ratings firms that are presently covering the stock, MarketBeat.com reports. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $19.50.

ZUMZ has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Zumiez from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Tuesday, September 12th. BidaskClub upgraded shares of Zumiez from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Robert W. Baird restated a “hold” rating and set a $17.00 price target on shares of Zumiez in a report on Friday, September 8th. ValuEngine downgraded shares of Zumiez from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, BMO Capital Markets set a $16.00 price target on shares of Zumiez and gave the stock a “hold” rating in a report on Sunday, September 10th.

Large investors have recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its position in shares of Zumiez by 3.6% during the 1st quarter. Principal Financial Group Inc. now owns 132,464 shares of the apparel and footwear maker’s stock worth $2,424,000 after purchasing an additional 4,655 shares during the period. Prudential Financial Inc. boosted its position in shares of Zumiez by 2.5% during the 1st quarter. Prudential Financial Inc. now owns 58,226 shares of the apparel and footwear maker’s stock worth $1,066,000 after purchasing an additional 1,421 shares during the period. Invictus RG purchased a new position in shares of Zumiez during the 1st quarter worth approximately $163,000. State of Tennessee Treasury Department boosted its position in shares of Zumiez by 7.3% during the 1st quarter. State of Tennessee Treasury Department now owns 16,441 shares of the apparel and footwear maker’s stock worth $301,000 after purchasing an additional 1,123 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Zumiez by 3.4% during the 1st quarter. Ameriprise Financial Inc. now owns 90,718 shares of the apparel and footwear maker’s stock worth $1,660,000 after purchasing an additional 2,971 shares during the period. 80.97% of the stock is owned by hedge funds and other institutional investors.

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Shares of Zumiez (NASDAQ:ZUMZ) remained flat at $16.45 on Friday. 356,082 shares of the company traded hands. The stock has a market capitalization of $415.03 million, a price-to-earnings ratio of 17.15 and a beta of 1.27. Zumiez has a 12-month low of $11.43 and a 12-month high of $26.55. The firm has a 50 day moving average of $13.46 and a 200-day moving average of $14.86.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings results on Thursday, September 7th. The apparel and footwear maker reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. The business had revenue of $192.20 million during the quarter, compared to the consensus estimate of $192.12 million. Zumiez had a net margin of 2.78% and a return on equity of 7.83%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.03) EPS. Analysts expect that Zumiez will post $1.05 EPS for the current fiscal year.

About Zumiez

Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.

Analyst Recommendations for Zumiez (NASDAQ:ZUMZ)

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