Wall Street Zen cut shares of Zumiez (NASDAQ:ZUMZ – Free Report) from a buy rating to a hold rating in a research report released on Saturday morning.
A number of other research analysts have also weighed in on ZUMZ. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Zumiez in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Zumiez from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 2nd. Finally, B. Riley boosted their target price on shares of Zumiez from $14.00 to $18.00 and gave the stock a “neutral” rating in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zumiez currently has a consensus rating of “Hold” and an average target price of $18.00.
View Our Latest Report on Zumiez
Zumiez Trading Down 0.6%
Zumiez (NASDAQ:ZUMZ – Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The apparel and footwear maker reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.05. Zumiez had a net margin of 0.06% and a return on equity of 0.19%. The company had revenue of $214.28 million during the quarter, compared to analysts’ expectations of $210.53 million. During the same quarter in the previous year, the company earned ($0.04) EPS. Zumiez’s revenue was up 1.9% on a year-over-year basis. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. On average, research analysts predict that Zumiez will post -0.12 EPS for the current year.
Insider Activity
In other news, Director Liliana Gil Valletta sold 3,655 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $21.30, for a total value of $77,851.50. Following the completion of the transaction, the director owned 7,154 shares of the company’s stock, valued at approximately $152,380.20. This represents a 33.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Chris K. Visser sold 5,618 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $20.09, for a total transaction of $112,865.62. Following the completion of the transaction, the insider directly owned 44,303 shares of the company’s stock, valued at $890,047.27. This trade represents a 11.25% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 20.30% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. American Century Companies Inc. raised its holdings in Zumiez by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 40,044 shares of the apparel and footwear maker’s stock valued at $531,000 after buying an additional 797 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Zumiez by 2.5% in the first quarter. Bank of New York Mellon Corp now owns 51,383 shares of the apparel and footwear maker’s stock valued at $765,000 after purchasing an additional 1,257 shares in the last quarter. Mutual Advisors LLC raised its holdings in Zumiez by 4.3% during the second quarter. Mutual Advisors LLC now owns 33,410 shares of the apparel and footwear maker’s stock worth $443,000 after buying an additional 1,392 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in Zumiez by 6.1% during the second quarter. Public Employees Retirement System of Ohio now owns 34,267 shares of the apparel and footwear maker’s stock worth $454,000 after buying an additional 1,960 shares during the last quarter. Finally, CWM LLC raised its holdings in Zumiez by 58.5% during the third quarter. CWM LLC now owns 10,701 shares of the apparel and footwear maker’s stock worth $210,000 after buying an additional 3,950 shares during the last quarter. Institutional investors own 95.45% of the company’s stock.
Zumiez Company Profile
Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.
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