Zalando (OTCMKTS:ZLNDY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Zalando (OTCMKTS:ZLNDY) have earned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently commented on ZLNDY. Barclays raised Zalando from an “equal weight” rating to an “overweight” rating in a research report on Tuesday. Citigroup reiterated a “buy” rating on shares of Zalando in a report on Thursday, December 11th.

Zalando Stock Up 1.3%

Zalando stock opened at $14.66 on Tuesday. The firm has a market capitalization of $7.74 billion, a P/E ratio of 28.19 and a beta of 1.60. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17. Zalando has a twelve month low of $12.61 and a twelve month high of $20.64. The stock’s fifty day simple moving average is $13.86 and its 200-day simple moving average is $14.69.

Zalando (OTCMKTS:ZLNDY) last released its earnings results on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). Zalando had a net margin of 2.07% and a return on equity of 8.67%. The company had revenue of $3.47 billion during the quarter, compared to analysts’ expectations of $3.45 billion. As a group, equities analysts expect that Zalando will post 0.5 earnings per share for the current fiscal year.

Zalando Company Profile

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.