Zumiez (NASDAQ:ZUMZ) had its price target upped by Imperial Capital from $28.00 to $30.00 in a research note issued to investors on Tuesday, American Banking and Market News reports. The firm currently has an in-line rating on the stock.
Zumiez (NASDAQ:ZUMZ) traded up 0.04% on Tuesday, hitting $24.42. 53,573 shares of the company’s stock traded hands. Zumiez has a 52 week low of $17.93 and a 52 week high of $33.50. The stock’s 50-day moving average is $28.73 and its 200-day moving average is $28.48. The company has a market cap of $738.7 million and a P/E ratio of 17.46.
Zumiez (NASDAQ:ZUMZ) last posted its quarterly earnings results on Thursday, December 5th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.06. The company had revenue of $191.10 million for the quarter, compared to the consensus estimate of $190.72 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. Analysts expect that Zumiez will post $1.49 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Janney Montgomery Scott cut their price target on shares of Zumiez from $29.00 to $27.00 in a research note to investors on Friday, December 6th. They now have a neutral rating on the stock. Separately, analysts at Mizuho cut their price target on shares of Zumiez from $27.00 to $25.00 in a research note to investors on Friday, December 6th. They now have an underperform rating on the stock. Finally, analysts at Mizuho initiated coverage on shares of Zumiez in a research note to investors on Friday, November 15th. They set a neutral rating on the stock. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. Zumiez currently has an average rating of Hold and a consensus price target of $30.07.
Zumiez Inc (NASDAQ:ZUMZ) is a specialty retailer of action sports related apparel, footwear, equipment and accessories operating under the Zumiez brand name.
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