Zumiez (NASDAQ:ZUMZ) Stock Rating Upgraded by Wall Street Zen

Zumiez (NASDAQ:ZUMZ) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised Zumiez from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Zumiez Price Performance

Shares of NASDAQ:ZUMZ opened at $13.29 on Friday. The stock’s 50-day moving average is $17.08 and its 200 day moving average is $19.88. The company has a market cap of $203.74 million, a PE ratio of 18.46 and a beta of 1.05. Zumiez has a 1 year low of $13.07 and a 1 year high of $31.70.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings data on Thursday, September 10th. The apparel and footwear maker reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.03). The business had revenue of $208.96 million during the quarter, compared to analysts’ expectations of $212.11 million. Zumiez had a return on equity of 3.71% and a net margin of 1.36%.The company’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.06) EPS. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. Analysts expect that Zumiez will post 0.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Adam Ellis bought 10,000 shares of the firm’s stock in a transaction on Friday, September 18th. The stock was acquired at an average cost of $13.40 per share, with a total value of $134,000.00. Following the completion of the acquisition, the insider owned 83,664 shares of the company’s stock, valued at approximately $1,121,097.60. This represents a 13.58% increase 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. Corporate insiders own 24.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ZUMZ. BlackRock Inc. bought a new stake in shares of Zumiez in the 2nd quarter worth $34,481,000. Tieton Capital Management LLC purchased a new position in Zumiez in the 2nd quarter worth about $7,936,000. Paradigm Capital Management Inc. NY purchased a new position in Zumiez in the 2nd quarter worth about $6,654,000. Empowered Funds LLC bought a new position in Zumiez during the 2nd quarter valued at about $4,835,000. Finally, Sei Investments Co. boosted its holdings in shares of Zumiez by 64.4% during the 1st quarter. Sei Investments Co. now owns 264,312 shares of the apparel and footwear maker’s stock valued at $5,857,000 after acquiring an additional 103,540 shares during the last quarter. Institutional investors own 95.45% of the company’s stock.

About Zumiez

Zumiez Inc (NASDAQ: ZUMZ) is a specialty retailer focused on apparel, footwear, accessories and equipment associated with action sports, youth culture and contemporary streetwear. Its merchandise is designed for young men and women and includes products for skateboarding, snowboarding, surfing and BMX, along with fashion-oriented clothing and accessories.

The company sells a combination of third-party national brands, emerging labels and private-label merchandise through its retail stores and e-commerce platforms.