Zalando (OTCMKTS:ZLNDY – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $14.11, but opened at $16.06. Zalando shares last traded at $15.95, with a volume of 6,793 shares.
Wall Street Analysts Forecast Growth
Separately, DZ Bank upgraded Zalando from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Zalando has a consensus rating of “Buy”.
View Our Latest Stock Report on ZLNDY
Zalando Price Performance
The business has a 50-day simple moving average of $13.46 and a 200 day simple moving average of $13.45. The stock has a market cap of $7.72 billion, a P/E ratio of 112.87 and a beta of 1.45. The company has a current ratio of 1.06, a quick ratio of 0.63 and a debt-to-equity ratio of 0.19.
Zalando (OTCMKTS:ZLNDY – Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.14). Zalando had a net margin of 0.45% and a return on equity of 2.30%. The company had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.57 billion. On average, analysts forecast that Zalando will post 0.31 earnings per share for the current year.
Zalando Company Profile
Zalando SE is a Germany-based online fashion and lifestyle retailer headquartered in Berlin. The company operates a digital platform that offers clothing, footwear, accessories, beauty products and related lifestyle merchandise from international brands, as well as its own private-label offerings.
Founded in 2008 by Robert Gentz and David Schneider, Zalando initially focused on online footwear before expanding into a broader fashion marketplace. Its platform connects customers with brands and retail partners, while the company also provides services such as fulfillment, logistics, marketing and technology solutions through its partner ecosystem.
Zalando serves customers across multiple European markets through localized websites and mobile applications.
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