Zalando (OTCMKTS:ZLNDY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Zalando (OTCMKTS:ZLNDY) have been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

ZLNDY has been the topic of several analyst reports. Sanford C. Bernstein upgraded shares of Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Citigroup reiterated a “buy” rating on shares of Zalando in a report on Thursday, May 14th. Finally, Barclays upgraded shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th.

Zalando Price Performance

ZLNDY opened at $14.11 on Monday. Zalando has a one year low of $10.84 and a one year high of $17.15. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.58. The company’s 50 day simple moving average is $13.05 and its 200-day simple moving average is $13.20. The stock has a market capitalization of $7.29 billion, a P/E ratio of 54.27 and a beta of 1.54.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate 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. Sell-side analysts anticipate that Zalando will post 0.47 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.