Zalando (OTCMKTS:ZLNDY) Issues Earnings Results

Key Points

• Zalando reported Q earnings of ($0.20) EPS, missing the consensus $0.05 by $0.25; the company posted a net margin of 1.76% and a return on equity of 7.85%.
• The stock traded down about 0.7% to $12.06 (market cap $6.23B, P/E 25.13), sitting below its 200‑day SMA ($13.40) and closer to its one‑year low of $10.84 than its high of $18.54.
• Analysts have recently upgraded Zalando (Barclays to "overweight", Sanford Bernstein to "hold"), but the consensus rating remains Hold (3 Buys, 2 Holds, 1 Sell).

Zalando (OTCMKTS:ZLNDY - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.25), Zacks reports. Zalando had a net margin of 1.76% and a return on equity of 7.85%.

Zalando Trading Down 0.7%

OTCMKTS ZLNDY traded down $0.09 during mid-day trading on Wednesday, reaching $12.06. 49,086 shares of the stock were exchanged, compared to its average volume of 66,504. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.11 and a quick ratio of 0.68. The stock has a market cap of $6.23 billion, a P/E ratio of 25.13 and a beta of 1.52. The stock has a 50 day simple moving average of $12.45 and a 200-day simple moving average of $13.40. Zalando has a one year low of $10.84 and a one year high of $18.54.

Analyst Ratings Changes

Several brokerages recently weighed in on ZLNDY. Barclays raised shares of Zalando from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, January 13th. Sanford C. Bernstein raised Zalando from a "strong sell" rating to a "hold" rating in a report on Friday, March 13th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Zalando has a consensus rating of "Hold".

Zalando Company Profile

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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