Zumiez (NASDAQ:ZUMZ) Stock Gets Downgrade from Wall Street Zen

Zumiez (NASDAQ:ZUMZ) was downgraded by Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded Zumiez from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Three analysts have rated the stock with a Hold rating. According to MarketBeat, Zumiez presently has a consensus rating of “Hold”.

Zumiez Stock Performance

Shares of Zumiez stock opened at $14.04 on Friday. The stock has a market cap of $215.25 million, a P/E ratio of 19.50 and a beta of 1.04. The stock’s fifty day moving average is $14.75 and its 200 day moving average is $20.11. Zumiez has a one year low of $13.07 and a one year high of $31.70.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings results on Thursday, September 10th. The apparel and footwear maker reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.03). The company had revenue of $208.96 million for the quarter, compared to the consensus estimate of $212.11 million. Zumiez had a net margin of 1.36% and a return on equity of 3.71%. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.06) EPS. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. Analysts predict that Zumiez will post 0.46 EPS for the current year.

Insiders Place Their Bets

In other news, insider Adam Ellis bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The stock was bought at an average price of $13.40 per share, with a total value of $134,000.00. Following the acquisition, the insider owned 83,664 shares of the company’s stock, valued at approximately $1,121,097.60. This represents a 13.58% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 24.30% of the company’s stock.

Institutional Investors Weigh In On Zumiez

A number of institutional investors and hedge funds have recently bought and sold shares of ZUMZ. Russell Investments Group Ltd. boosted its stake in shares of Zumiez by 183.8% in the third quarter. Russell Investments Group Ltd. now owns 64,621 shares of the apparel and footwear maker’s stock worth $866,000 after acquiring an additional 41,850 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Zumiez during the 2nd quarter valued at approximately $34,000. Squarepoint Ops LLC raised its stake in Zumiez by 44.0% during the 2nd quarter. Squarepoint Ops LLC now owns 58,832 shares of the apparel and footwear maker’s stock valued at $1,047,000 after purchasing an additional 17,966 shares during the period. Empowered Funds LLC bought a new stake in Zumiez during the 2nd quarter valued at approximately $4,835,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Zumiez during the 2nd quarter valued at approximately $474,000. 95.45% of the stock is owned by institutional investors.

Zumiez Company Profile

Zumiez, Inc is a specialty retailer focused on apparel, footwear, accessories and equipment associated with action sports and youth-oriented lifestyle culture. Its merchandise assortment includes clothing, shoes, skateboards, snowboards, technical outerwear and related accessories, along with products from established and emerging brands.

The company sells products through a network of retail stores and e-commerce websites. Zumiez primarily serves customers in the United States and Canada, while its international operations include Europe through Blue Tomato, an action-sports retailer acquired by Zumiez in 2012.