Zalando (OTCMKTS:ZLNDY) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Zalando has an average analyst rating of Hold from six brokerages (1 sell, 2 hold, 3 buy); recent notable changes include Sanford C. Bernstein upgrading from "strong sell" to "hold" and Barclays raising to "overweight," while Citigroup reaffirmed a "buy."
• The company missed its latest quarter, reporting $0.21 EPS vs. $0.37 expected and revenue of $4.74B vs. $4.77B, with a net margin of 1.76% and ROE of 7.9%; analysts project roughly 0.5 EPS for the current year.
• Shares opened at $12.01, trade near the 50‑day SMA ($12.46) but below the 200‑day SMA ($13.74), have a 1‑year range of $10.84–$20.64, a market cap of $6.35B and a P/E of 25.02.

Zalando (OTCMKTS:ZLNDY - Get Free Report) has earned an average rating of "Hold" from the six brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company.

ZLNDY has been the subject of a number of analyst reports. Sanford C. Bernstein raised Zalando from a "strong sell" rating to a "hold" rating in a report on Friday, March 13th. Barclays raised Zalando from an "equal weight" rating to an "overweight" rating in a report on Tuesday, January 13th. Finally, Citigroup reaffirmed a "buy" rating on shares of Zalando in a report on Thursday, December 11th.

Zalando Price Performance

Shares of OTCMKTS ZLNDY opened at $12.01 on Wednesday. The stock has a fifty day simple moving average of $12.46 and a two-hundred day simple moving average of $13.74. Zalando has a 1-year low of $10.84 and a 1-year high of $20.64. The firm has a market cap of $6.35 billion, a price-to-earnings ratio of 25.02 and a beta of 1.61. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.37 by ($0.16). Zalando had a return on equity of 7.90% and a net margin of 1.76%.The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.77 billion. Analysts anticipate that Zalando will post 0.5 earnings per share for the current year.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.

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