Shares of Zalando (OTCMKTS:ZLNDY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $15.96, but opened at $15.49. Zalando shares last traded at $15.49, with a volume of 153 shares traded.
Analyst Upgrades and Downgrades
Several analysts have commented on ZLNDY shares. Cfra Research cut shares of Zalando from a "moderate buy" rating to a "hold" rating in a research note on Monday, August 11th. Morgan Stanley reaffirmed an "underweight" rating on shares of Zalando in a research note on Monday, July 14th. Baader Bank raised shares of Zalando to a "buy" rating in a research note on Monday, August 18th. Finally, Citigroup reaffirmed a "buy" rating on shares of Zalando in a research note on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Report on ZLNDY
Zalando Price Performance
The company's 50 day moving average price is $14.72 and its 200-day moving average price is $16.44. The company has a market capitalization of $8.21 billion, a PE ratio of 27.28 and a beta of 1.48. The company has a current ratio of 1.38, a quick ratio of 0.98 and a debt-to-equity ratio of 0.17.
Zalando (OTCMKTS:ZLNDY - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The business had revenue of $3.28 billion for the quarter, compared to analyst estimates of $2.52 billion. Zalando had a net margin of 2.49% and a return on equity of 10.19%. On average, sell-side analysts forecast that Zalando will post 0.5 earnings per share for the current fiscal year.
Zalando Company Profile
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Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.
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