Zalando (ZLNDY) Projected to Post Quarterly Earnings on Tuesday

Zalando (OTCMKTS:ZLNDY) is projected to post its resultson Tuesday, May 5th. Analysts expect Zalando to post earnings of $0.0458 per share and revenue of $3.4793 billion for the quarter.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.16). The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.77 billion. Zalando had a net margin of 1.76% and a return on equity of 7.85%. On average, analysts expect Zalando to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Zalando Stock Down 3.1%

Shares of Zalando stock traded down $0.40 during trading on Tuesday, hitting $12.39. 1,324 shares of the stock traded hands, compared to its average volume of 67,645. The stock has a market cap of $6.40 billion, a P/E ratio of 25.81 and a beta of 1.61. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 1.11. Zalando has a twelve month low of $10.84 and a twelve month high of $19.29. The company has a fifty day moving average price of $12.46 and a two-hundred day moving average price of $13.49.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Barclays upgraded Zalando from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 13th. Sanford C. Bernstein upgraded Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Zalando currently has a consensus rating of “Hold”.

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.