Robert W. Baird restated their neutral rating on shares of Zumiez Inc. (NASDAQ:ZUMZ) in a research report sent to investors on Saturday. The firm currently has a $22.00 price target on the apparel and footwear maker’s stock, up from their prior price target of $19.00.

ZUMZ has been the subject of several other research reports. B. Riley upgraded shares of Zumiez from a neutral rating to a buy rating and set a $25.00 price objective for the company in a research note on Thursday. SunTrust Banks Inc. boosted their price objective on shares of Zumiez from $15.00 to $17.00 and gave the stock a neutral rating in a research note on Thursday, August 4th. Stifel Nicolaus boosted their price objective on shares of Zumiez to $18.00 and gave the stock a hold rating in a research note on Thursday. William Blair upgraded shares of Zumiez from a market perform rating to an outperform rating in a research note on Thursday. Finally, Wedbush boosted their price objective on shares of Zumiez to $18.00 and gave the stock a neutral rating in a research note on Thursday. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $18.13.

Shares of Zumiez (NASDAQ:ZUMZ) opened at 21.93 on Friday. Zumiez has a 12-month low of $11.53 and a 12-month high of $22.54. The stock has a market capitalization of $544.52 million, a price-to-earnings ratio of 28.59 and a beta of 1.56. The stock’s 50 day moving average is $17.45 and its 200-day moving average is $16.51.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings results on Thursday, September 8th. The apparel and footwear maker reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.05. Zumiez had a net margin of 2.48% and a return on equity of 7.21%. The firm earned $178.30 million during the quarter, compared to analysts’ expectations of $177.35 million. During the same quarter in the prior year, the company earned $0.12 EPS. The company’s revenue was down .8% compared to the same quarter last year. On average, analysts expect that Zumiez will post $0.72 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of ZUMZ. BlackRock Group LTD increased its position in Zumiez by 4.2% in the second quarter. BlackRock Group LTD now owns 32,002 shares of the apparel and footwear maker’s stock valued at $458,000 after buying an additional 1,291 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in Zumiez by 1.7% in the second quarter. Public Employees Retirement System of Ohio now owns 118,950 shares of the apparel and footwear maker’s stock valued at $1,702,000 after buying an additional 1,937 shares in the last quarter. A.R.T. Advisors LLC increased its position in Zumiez by 5.4% in the second quarter. A.R.T. Advisors LLC now owns 40,474 shares of the apparel and footwear maker’s stock valued at $579,000 after buying an additional 2,085 shares in the last quarter. TD Asset Management Inc. increased its position in Zumiez by 8.1% in the second quarter. TD Asset Management Inc. now owns 29,220 shares of the apparel and footwear maker’s stock valued at $418,000 after buying an additional 2,200 shares in the last quarter. Finally, UBS Group AG increased its position in Zumiez by 3.5% in the first quarter. UBS Group AG now owns 82,145 shares of the apparel and footwear maker’s stock valued at $1,636,000 after buying an additional 2,816 shares in the last quarter. 84.11% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Company Profile

Zumiez Inc is a specialty retailer of apparel, footwear, accessories and hardgoods for men and women. The Company operates under the names Zumiez and Blue Tomato. Additionally, the Company operates e-commerce Websites at www.zumiez.com and www.blue-tomato.com. Its product categories are men’s apparel, accessories, footwear, hardgoods and junior’s apparel.

5 Day Chart for NASDAQ:ZUMZ

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