Zalando (OTCMKTS:ZLNDY) Shares Gap Down - Time to Sell?

Key Points

• Zalando's stock gapped down from $15.68 to $15.33 at market open, with 594 shares traded as of the latest report.
• Analyst ratings for Zalando vary, with one Strong Buy, two Buy, one Hold, and one Sell, leading to a consensus rating of "Moderate Buy."
• The company reported a net margin of 2.49% with revenue of $3.28 billion for the last quarter, exceeding analyst expectations of $2.52 billion.

Zalando (OTCMKTS:ZLNDY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $15.68, but opened at $15.33. Zalando shares last traded at $15.33, with a volume of 594 shares traded.

Analyst Ratings Changes

Several analysts have weighed in on the company. Cfra Research lowered Zalando from a "moderate buy" rating to a "hold" rating in a report on Monday, August 11th. Baader Bank upgraded shares of Zalando to a "buy" rating in a research note on Monday, August 18th. Morgan Stanley reaffirmed an "underweight" rating on shares of Zalando in a report on Monday, July 14th. Finally, Citigroup reissued a "buy" rating on shares of Zalando in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Zalando has a consensus rating of "Moderate Buy".

Zalando Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.38 and a quick ratio of 0.98. The stock has a 50 day moving average price of $14.72 and a two-hundred day moving average price of $16.28. The company has a market capitalization of $8.21 billion, a price-to-earnings ratio of 27.30 and a beta of 1.56.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.21. Zalando had a net margin of 2.49% and a return on equity of 10.19%. The firm had revenue of $3.28 billion during the quarter, compared to analysts' expectations of $2.52 billion. On average, analysts predict that Zalando will post 0.5 EPS for the current fiscal year.

Zalando Company Profile

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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