Zalando (OTCMKTS:ZLNDY – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09), Zacks reports. The company had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.45 billion. Zalando had a net margin of 2.07% and a return on equity of 8.95%.
Zalando Stock Performance
ZLNDY stock traded down $0.97 on Friday, reaching $12.94. 30,524 shares of the company were exchanged, compared to its average volume of 23,034. The firm has a market capitalization of $6.83 billion, a PE ratio of 24.89 and a beta of 1.57. Zalando has a 12 month low of $12.79 and a 12 month high of $20.64. The stock’s fifty day moving average price is $14.98 and its 200 day moving average price is $15.87. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.38 and a quick ratio of 0.98.
Analyst Ratings Changes
Several equities analysts have commented on the company. Citigroup reiterated a “buy” rating on shares of Zalando in a report on Friday, September 26th. Cfra Research lowered shares of Zalando from a “moderate buy” rating to a “hold” rating in a research note on Monday, August 11th. Baader Bank upgraded shares of Zalando to a “buy” rating in a report on Monday, August 18th. Finally, Morgan Stanley restated an “underweight” rating on shares of Zalando in a report on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Zalando Company Profile
Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.
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