Zalando (OTCMKTS:ZLNDY) Given Average Recommendation of “Hold” by Analysts

Shares of Zalando (OTCMKTS:ZLNDY) have been given an average rating of “Hold” by the five analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company.

Several analysts recently commented on the company. Citigroup restated a “buy” rating on shares of Zalando in a research report on Thursday, December 11th. Barclays raised Zalando from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 13th.

Zalando Trading Up 1.7%

Zalando stock opened at $14.84 on Tuesday. Zalando has a 52-week low of $12.61 and a 52-week high of $20.64. The company has a quick ratio of 0.59, a current ratio of 1.12 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $7.83 billion, a price-to-earnings ratio of 28.53 and a beta of 1.60. The firm has a 50-day moving average price of $14.02 and a two-hundred day moving average price of $14.63.

Zalando (OTCMKTS:ZLNDY) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). The business had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.45 billion. Zalando had a net margin of 2.07% and a return on equity of 8.67%. Sell-side analysts expect that Zalando will post 0.5 earnings per share for the current 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.