Zalando (OTCMKTS:ZLNDY) Shares Gap Down - Should You Sell?

Key Points

• Zalando gapped down — the stock closed at $12.3450 and opened at $11.6750, last trading at $11.7150 on light volume (~1,913 shares).
• Analysts are mixed but the consensus is Hold (3 Buy, 2 Hold, 1 Sell); the company recently reported an earnings miss (EPS $0.21 vs. $0.37 expected) and a slight revenue shortfall, with a low net margin of 1.76%.

Zalando (OTCMKTS:ZLNDY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $12.3450, but opened at $11.6750. Zalando shares last traded at $11.7150, with a volume of 1,913 shares traded.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Barclays upgraded shares of Zalando from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, January 13th. Citigroup restated a "buy" rating on shares of Zalando in a research report on Thursday, December 11th. Finally, Sanford C. Bernstein raised shares of 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 issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Zalando has an average rating of "Hold".

Zalando Stock Performance

The company has a market capitalization of $6.11 billion, a price-to-earnings ratio of 24.10 and a beta of 1.65. The firm has a fifty day simple moving average of $12.85 and a 200 day simple moving average of $13.93. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.12 and a quick ratio of 0.59.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.