Zalando (OTCMKTS:ZLNDY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Zalando (OTCMKTS:ZLNDY) has received an average rating of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have commented on the stock. Barclays raised shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. Citigroup reiterated a “buy” rating on shares of Zalando in a research report on Thursday, May 14th. Finally, DZ Bank cut shares of Zalando from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th.

Zalando Price Performance

Zalando stock opened at $15.85 on Friday. The business’s fifty day moving average is $13.74 and its two-hundred day moving average is $13.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.58 and a current ratio of 1.09. The firm has a market cap of $8.18 billion, a P/E ratio of 60.96 and a beta of 1.51. Zalando has a 52 week low of $10.84 and a 52 week high of $16.33.

Zalando (OTCMKTS:ZLNDY) last announced its earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). Zalando had a net margin of 0.89% and a return on equity of 4.15%. The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.48 billion. Equities research analysts forecast that Zalando will post 0.45 earnings per share for the current fiscal year.

About Zalando

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.