Zumiez (NASDAQ:ZUMZ) Cut to Strong Sell at Wall Street Zen

Wall Street Zen lowered shares of Zumiez (NASDAQ:ZUMZ) from a sell rating to a strong sell rating in a report issued on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings upgraded Zumiez from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat, Zumiez has a consensus rating of “Hold”.

Zumiez Price Performance

Zumiez stock opened at $14.66 on Friday. The company’s 50-day moving average is $14.68 and its 200-day moving average is $20.06. The firm has a market capitalization of $224.74 million, a PE ratio of 20.36 and a beta of 1.04. Zumiez has a fifty-two week low of $13.07 and a fifty-two week high of $31.70.

Zumiez (NASDAQ:ZUMZ) last issued its earnings results on Thursday, September 10th. The apparel and footwear maker reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.03). The firm had revenue of $208.96 million during the quarter, compared to analyst estimates of $212.11 million. Zumiez had a net margin of 1.36% and a return on equity of 3.71%. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.06) earnings per share. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. As a group, analysts expect that Zumiez will post 0.46 EPS for the current year.

Insiders Place Their Bets

In related news, insider Adam Ellis acquired 10,000 shares of the business’s stock in a transaction on Friday, September 18th. The stock was purchased at an average cost of $13.40 per share, for a total transaction of $134,000.00. Following the completion of the transaction, the insider directly owned 83,664 shares of the company’s stock, valued at approximately $1,121,097.60. The trade was a 13.58% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 24.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Zumiez

A number of large investors have recently made changes to their positions in the company. Legal & General Group Plc bought a new stake in Zumiez in the 2nd quarter valued at $25,000. New York State Teachers Retirement System bought a new position in Zumiez during the 1st quarter worth $27,000. Quantbot Technologies LP acquired a new stake in shares of Zumiez during the second quarter worth $31,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Zumiez during the second quarter worth $34,000. Finally, State of Wyoming acquired a new stake in shares of Zumiez during the second quarter worth $155,000. Institutional investors own 95.45% of the company’s stock.

Zumiez Company Profile

Zumiez, Inc is a specialty retailer focused on apparel, footwear, accessories and equipment associated with action sports and youth-oriented lifestyle culture. Its merchandise assortment includes clothing, shoes, skateboards, snowboards, technical outerwear and related accessories, along with products from established and emerging brands.

The company sells products through a network of retail stores and e-commerce websites. Zumiez primarily serves customers in the United States and Canada, while its international operations include Europe through Blue Tomato, an action-sports retailer acquired by Zumiez in 2012.