Zumiez Inc. (NASDAQ:ZUMZ) – SunTrust Banks boosted their Q3 2017 earnings per share estimates for Zumiez in a report issued on Thursday. SunTrust Banks analyst P. Quintiliano now expects that the brokerage will post earnings of $0.29 per share for the quarter, up from their prior forecast of $0.21. SunTrust Banks currently has a “Neutral” rating and a $17.00 target price on the stock. SunTrust Banks also issued estimates for Zumiez’s FY2017 earnings at $0.77 EPS.

ZUMZ has been the topic of several other research reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a $16.00 target price on shares of Zumiez in a research report on Saturday, September 10th. Mizuho boosted their price target on Zumiez from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Thursday, October 6th. Robert W. Baird boosted their price target on Zumiez from $18.00 to $19.00 and gave the company a “neutral” rating in a research note on Friday, September 9th. Stifel Nicolaus reiterated a “hold” rating and issued a $17.00 price target (up from $16.00) on shares of Zumiez in a research note on Tuesday, September 13th. Finally, Jefferies Group reiterated a “hold” rating and issued a $17.00 price target on shares of Zumiez in a research note on Friday, September 9th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $18.07.

Earnings History and Estimates for Zumiez (NASDAQ:ZUMZ)

Zumiez (NASDAQ:ZUMZ) traded up 0.45% during mid-day trading on Monday, reaching $22.37. The company’s stock had a trading volume of 100,293 shares. The stock has a market cap of $555.45 million, a PE ratio of 29.17 and a beta of 1.56. Zumiez has a 52-week low of $11.53 and a 52-week high of $23.07. The company has a 50 day moving average of $17.78 and a 200-day moving average of $16.55.

Zumiez (NASDAQ:ZUMZ) last released its earnings results on Thursday, September 8th. The apparel and footwear maker reported ($0.03) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.05. The firm had revenue of $178.30 million for the quarter, compared to analyst estimates of $177.35 million. Zumiez had a return on equity of 7.21% and a net margin of 2.48%. The company’s revenue was down .8% on a year-over-year basis. During the same quarter last year, the firm posted $0.12 EPS.

A number of hedge funds have recently modified their holdings of the company. Lombardia Capital Partners LLC increased its stake in shares of Zumiez by 21.3% in the second quarter. Lombardia Capital Partners LLC now owns 1,093,013 shares of the apparel and footwear maker’s stock worth $15,641,000 after buying an additional 192,039 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of Zumiez by 31.7% in the second quarter. California Public Employees Retirement System now owns 44,500 shares of the apparel and footwear maker’s stock worth $637,000 after buying an additional 10,700 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Zumiez by 440.8% in the second quarter. Nordea Investment Management AB now owns 45,191 shares of the apparel and footwear maker’s stock worth $647,000 after buying an additional 36,834 shares during the last quarter. Quantitative Systematic Strategies LLC acquired a new stake in shares of Zumiez during the second quarter worth $168,000. Finally, Stoneridge Investment Partners LLC increased its stake in shares of Zumiez by 10.0% in the second quarter. Stoneridge Investment Partners LLC now owns 89,599 shares of the apparel and footwear maker’s stock worth $1,282,000 after buying an additional 8,158 shares during the last quarter. Hedge funds and other institutional investors own 84.11% of the company’s stock.

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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