Zumiez Inc. (NASDAQ:ZUMZ) – Stock analysts at Jefferies Group decreased their Q4 2017 EPS estimates for shares of Zumiez in a note issued to investors on Tuesday. Jefferies Group analyst R. Konik now expects that the firm will earn $0.62 per share for the quarter, down from their prior forecast of $0.63. Jefferies Group currently has a “Hold” rating and a $17.00 target price on the stock.

Other research analysts have also issued research reports about the company. B. Riley raised Zumiez from a “neutral” rating to a “buy” rating and set a $25.00 price target on the stock in a research report on Thursday, October 6th. SunTrust Banks Inc. lifted their price target on Zumiez from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, August 4th. Stifel Nicolaus reaffirmed a “hold” rating and set a $18.00 price target (up previously from $17.00) on shares of Zumiez in a research report on Thursday, October 6th. Wedbush lifted their price target on Zumiez from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Thursday, October 6th. Finally, William Blair raised Zumiez from a “market perform” rating to an “outperform” rating in a research report on Thursday, October 6th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $18.07.

Earnings History and Estimates for Zumiez (NASDAQ:ZUMZ)

Shares of Zumiez (NASDAQ:ZUMZ) traded up 2.88% on Friday, reaching $22.53. The company’s stock had a trading volume of 782,026 shares. The stock has a market capitalization of $559.42 million, a P/E ratio of 29.37 and a beta of 1.56. Zumiez has a 1-year low of $11.53 and a 1-year high of $23.07. The company has a 50 day moving average of $18.09 and a 200 day moving average of $16.63.

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

Hedge funds have recently modified their holdings of the stock. Cubist Systematic Strategies LLC bought a new stake in shares of Zumiez during the second quarter valued at about $115,000. Jefferies Group LLC bought a new stake in shares of Zumiez during the second quarter valued at about $153,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Zumiez during the second quarter valued at about $168,000. KCG Holdings Inc. bought a new stake in shares of Zumiez during the second quarter valued at about $269,000. Finally, Adams Diversified Equity Fund Inc. bought a new stake in shares of Zumiez during the second quarter valued at about $325,000. Institutional investors and hedge funds own 84.11% of the company’s stock.

About Zumiez

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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