Zalando SE (OTCMKTS:ZLNDY) Receives Consensus Recommendation of “Hold” from Analysts

Zalando SE (OTCMKTS:ZLNDY) has earned an average rating of “Hold” from the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company.

Several analysts recently weighed in on the stock. Nordea Equity Research downgraded shares of Zalando from a “buy” rating to a “hold” rating in a research report on Wednesday, February 24th. Royal Bank of Canada restated an “outperform” rating on shares of Zalando in a research report on Wednesday, April 21st. Morgan Stanley restated an “equal weight” rating on shares of Zalando in a research report on Wednesday, March 17th. Credit Suisse Group upgraded shares of Zalando from a “neutral” rating to an “outperform” rating in a research report on Wednesday, May 19th. Finally, HSBC initiated coverage on shares of Zalando in a research report on Wednesday, April 21st. They set a “buy” rating on the stock.

OTCMKTS:ZLNDY traded down $0.36 during mid-day trading on Thursday, hitting $56.91. The stock had a trading volume of 5,071 shares, compared to its average volume of 8,393. The stock has a market capitalization of $29.70 billion, a PE ratio of 140.32 and a beta of 1.48. The stock’s 50 day moving average is $53.25. Zalando has a 52 week low of $32.74 and a 52 week high of $62.33. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.88 and a quick ratio of 1.32.

Zalando (OTCMKTS:ZLNDY) last issued its quarterly earnings data on Thursday, May 6th. The company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.03. Zalando had a net margin of 2.45% and a return on equity of 10.16%. Equities research analysts anticipate that Zalando will post 0.54 EPS for the current year.

Zalando Company Profile

Zalando SE operates as an online fashion and lifestyle retailer. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children, as well as free delivery and returns services. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, Stuttgart, Mannheim, and Ulm.

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Analyst Recommendations for Zalando (OTCMKTS:ZLNDY)

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