Zumiez (NASDAQ:ZUMZ) Raised to Buy at Wall Street Zen

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

ZUMZ has been the subject of a number of other reports. B. Riley raised their price objective on Zumiez from $14.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, September 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Zumiez in a research report on Wednesday, October 8th. Finally, Zacks Research raised Zumiez from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Zumiez presently has an average rating of “Hold” and a consensus target price of $18.00.

Zumiez Stock Performance

Shares of ZUMZ stock opened at $19.16 on Friday. Zumiez has a fifty-two week low of $11.31 and a fifty-two week high of $24.37. The firm has a market capitalization of $328.59 million, a P/E ratio of -1,914.09 and a beta of 1.04. The stock’s fifty day moving average is $18.24 and its two-hundred day moving average is $14.85.

Zumiez (NASDAQ:ZUMZ) last issued its earnings results on Thursday, September 4th. The apparel and footwear maker reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.05. Zumiez had a return on equity of 0.19% and a net margin of 0.06%.The business had revenue of $214.28 million during the quarter, compared to the consensus estimate of $210.53 million. During the same period last year, the company earned ($0.04) EPS. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. Zumiez has set its Q3 2025 guidance at 0.190-0.290 EPS. On average, equities analysts forecast that Zumiez will post -0.12 earnings per share for the current year.

Insider Activity

In other Zumiez news, Director Liliana Gil Valletta sold 3,655 shares of Zumiez stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $21.30, for a total value of $77,851.50. Following the completion of the transaction, the director directly owned 7,154 shares of the company’s stock, valued at $152,380.20. The trade was a 33.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Chris K. Visser sold 5,618 shares of Zumiez stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $20.09, for a total value of $112,865.62. Following the completion of the transaction, the insider directly owned 44,303 shares of the company’s stock, valued at approximately $890,047.27. This represents a 11.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 20.30% of the company’s stock.

Hedge Funds Weigh In On Zumiez

A number of institutional investors and hedge funds have recently made changes to their positions in ZUMZ. GAMMA Investing LLC grew its position in shares of Zumiez by 6,451.4% during the first quarter. GAMMA Investing LLC now owns 2,293 shares of the apparel and footwear maker’s stock worth $34,000 after buying an additional 2,258 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Zumiez by 2.5% during the first quarter. Bank of New York Mellon Corp now owns 51,383 shares of the apparel and footwear maker’s stock worth $765,000 after buying an additional 1,257 shares in the last quarter. GSA Capital Partners LLP lifted its stake in Zumiez by 50.8% during the first quarter. GSA Capital Partners LLP now owns 139,889 shares of the apparel and footwear maker’s stock worth $2,083,000 after purchasing an additional 47,105 shares during the last quarter. XTX Topco Ltd purchased a new stake in Zumiez during the first quarter worth approximately $469,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Zumiez by 3.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 233,020 shares of the apparel and footwear maker’s stock worth $3,470,000 after purchasing an additional 7,895 shares during the last quarter. 95.45% of the stock is owned by institutional investors and hedge funds.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.