Zalando (OTCMKTS:ZLNDY) Shares Gap Up - Time to Buy?

Key Points

• Zalando (OTCMKTS:ZLNDY) shares opened at $16.23 after closing at $15.44, reflecting a gapped up trading pattern, with a total volume of 1,030 shares traded.
• The company's most recent earnings report showed an earnings per share (EPS) of $0.21, meeting analysts' expectations, and revenue of $3.28 billion, which exceeded the consensus estimate of $2.52 billion.
• Equities analysts have mixed reviews on Zalando's stock, with ratings ranging from Strong Buy to Sell and an average rating classified as "Moderate Buy."

Zalando (OTCMKTS:ZLNDY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $15.44, but opened at $16.23. Zalando shares last traded at $16.23, with a volume of 1,030 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ZLNDY shares. Cfra Research lowered shares of Zalando from a "moderate buy" rating to a "hold" rating in a research report on Monday, August 11th. Baader Bank raised shares of Zalando to a "buy" rating in a research note on Monday, August 18th. Morgan Stanley reissued an "underweight" rating on shares of Zalando in a research note on Monday, July 14th. Finally, Citigroup reissued a "buy" rating on shares of Zalando in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

Zalando Trading Up 4.3%

The business's fifty day moving average is $14.65 and its 200-day moving average is $16.34. The stock has a market capitalization of $8.50 billion, a PE ratio of 28.25 and a beta of 1.56. The company has a quick ratio of 0.98, a current ratio of 1.38 and a debt-to-equity ratio of 0.17.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last released its earnings results 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 the consensus estimate of $2.52 billion. As a group, analysts anticipate 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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