Zumiez (NASDAQ:ZUMZ) Downgraded by Wall Street Zen to Strong Sell

Key Points

• Wall Street Zen downgraded Zumiez to “strong sell” from “sell,” while Weiss Ratings separately upgraded the stock to “hold.” Overall, MarketBeat data shows an average analyst rating of “Hold.”
• Zumiez shares opened at $13.20, near their 52-week low of $13.07 and well below the 52-week high of $31.70; the company’s market capitalization was about $202 million.
• The retailer missed quarterly expectations, reporting an adjusted loss of $0.17 per share versus a forecasted loss of $0.14 and revenue of $208.96 million versus the $212.11 million consensus estimate. Revenue declined 2.5% year over year.

Zumiez (NASDAQ:ZUMZ - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "sell" rating to a "strong sell" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of Zumiez from a "sell (d)" rating to a "hold (c-)" rating in a report on Friday, September 11th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Zumiez currently has an average rating of "Hold".

Zumiez Stock Performance

NASDAQ ZUMZ opened at $13.20 on Friday. Zumiez has a 52-week low of $13.07 and a 52-week high of $31.70. The company has a fifty day moving average of $18.08 and a 200-day moving average of $20.60. The company has a market capitalization of $202.36 million, a P/E ratio of 18.33 and a beta of 1.00.

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

Institutional Trading of Zumiez

A number of hedge funds and other institutional investors have recently modified their holdings of the business. New York State Teachers Retirement System purchased a new position in Zumiez during the 1st quarter valued at about $27,000. Legal & General Group Plc purchased a new stake in Zumiez in the second quarter worth about $25,000. Quantbot Technologies LP purchased a new stake in Zumiez in the second quarter worth about $31,000. Integrated Wealth Concepts LLC bought a new position in shares of Zumiez during the second quarter valued at approximately $34,000. Finally, State of Wyoming bought a new position in shares of Zumiez during the second quarter valued at approximately $155,000. 95.45% of the stock is owned by hedge funds and other institutional investors.

Zumiez Company Profile

Zumiez, Inc is a specialty retailer focused on apparel, footwear, accessories and equipment for young men and women interested in action sports, streetwear and active lifestyles. Its merchandise includes clothing, shoes, headwear, backpacks, skateboards, snowboards and related products, sold under a mix of established brands and private-label offerings.

The company operates through a combination of physical retail stores and e-commerce platforms. Its stores emphasize trend-focused merchandise and culture-driven retail experiences connected to skateboarding, snowboarding, surfing, BMX, motocross and other youth-oriented activities.

Founded in 1978, Zumiez began as a single store in Seattle, Washington, and has expanded its presence across the United States, Canada, Europe and Australia.

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