The Zumiez Inc. (ZUMZ) PT Raised to $19.00 at Mizuho

The Zumiez Inc. (ZUMZ) PT Raised to $19.00 at Mizuho

Zumiez Inc. (NASDAQ:ZUMZ) had its price target boosted by Mizuho from $16.00 to $19.00 in a research report report published on Thursday morning. They currently have a neutral rating on the apparel and footwear maker’s stock.

Other analysts also recently issued reports about the stock. B. Riley raised shares of Zumiez from a neutral rating to a buy rating and set a $25.00 target price for the company in a research report on Thursday, October 6th. SunTrust Banks Inc. boosted their target price on shares of Zumiez from $15.00 to $17.00 and gave the stock a neutral rating in a research report on Thursday, August 4th. Stifel Nicolaus reissued a hold rating and issued a $17.00 target price (up from $16.00) on shares of Zumiez in a research report on Tuesday, September 13th. Jefferies Group reissued a hold rating and issued a $17.00 target price on shares of Zumiez in a research report on Friday, September 9th. Finally, Robert W. Baird boosted their target price on shares of Zumiez from $18.00 to $19.00 and gave the stock a neutral rating in a research report on Friday, September 9th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of $18.07.

Shares of Zumiez (NASDAQ:ZUMZ) opened at 22.27 on Thursday. Zumiez has a 52-week low of $11.53 and a 52-week high of $23.07. The company has a market cap of $552.96 million, a P/E ratio of 29.04 and a beta of 1.56. The stock has a 50 day moving average of $17.78 and a 200 day moving average of $16.55.

Zumiez (NASDAQ:ZUMZ) last posted its earnings results on Thursday, September 8th. The apparel and footwear maker reported ($0.03) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.05. The company earned $178.30 million during the quarter, compared to the consensus estimate of $177.35 million. Zumiez had a net margin of 2.48% and a return on equity of 7.21%. The company’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.12 earnings per share. On average, equities analysts anticipate that Zumiez will post $0.72 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the stock. Nisa Investment Advisors L.L.C. boosted its stake in shares of Zumiez by 36.4% in the first quarter. Nisa Investment Advisors L.L.C. now owns 25,500 shares of the apparel and footwear maker’s stock worth $508,000 after buying an additional 6,800 shares during the period. Prudential Financial Inc. boosted its stake in shares of Zumiez by 77.1% in the first quarter. Prudential Financial Inc. now owns 81,724 shares of the apparel and footwear maker’s stock worth $1,628,000 after buying an additional 35,589 shares during the period. Menta Capital LLC boosted its stake in shares of Zumiez by 16.7% in the first quarter. Menta Capital LLC now owns 31,470 shares of the apparel and footwear maker’s stock worth $627,000 after buying an additional 4,497 shares during the period. UBS Group AG boosted its stake in shares of Zumiez by 3.5% in the first quarter. UBS Group AG now owns 82,145 shares of the apparel and footwear maker’s stock worth $1,636,000 after buying an additional 2,816 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Zumiez by 0.9% in the first quarter. Geode Capital Management LLC now owns 146,947 shares of the apparel and footwear maker’s stock worth $2,927,000 after buying an additional 1,290 shares during the period. Institutional investors own 84.11% of the company’s stock.

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