Zalando (OTCMKTS:ZLNDY – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.14), Zacks reports. Zalando had a return on equity of 2.30% and a net margin of 0.45%. The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.57 billion.
Zalando Stock Up 8.9%
Shares of OTCMKTS:ZLNDY opened at $15.37 on Thursday. The business’s 50 day moving average is $13.46 and its 200 day moving average is $13.45. The stock has a market cap of $7.51 billion, a P/E ratio of 109.79 and a beta of 1.45. Zalando has a 52-week low of $10.84 and a 52-week high of $17.37. The company has a quick ratio of 0.63, a current ratio of 1.06 and a debt-to-equity ratio of 0.19.
Wall Street Analysts Forecast Growth
Separately, DZ Bank raised shares of Zalando from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
Get Our Latest Research Report on Zalando
About Zalando
Zalando SE is a Germany-based online fashion and lifestyle retailer headquartered in Berlin. The company operates a digital platform that offers clothing, footwear, accessories, beauty products and related lifestyle merchandise from international brands, as well as its own private-label offerings.
Founded in 2008 by Robert Gentz and David Schneider, Zalando initially focused on online footwear before expanding into a broader fashion marketplace. Its platform connects customers with brands and retail partners, while the company also provides services such as fulfillment, logistics, marketing and technology solutions through its partner ecosystem.
Zalando serves customers across multiple European markets through localized websites and mobile applications.
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