Zalando (OTCMKTS:ZLNDY) Shares Gap Up - What's Next?

Key Points

• Zalando's stock surged from a previous close of $14.43 to an opening price of $15.04, with a trading volume of 141 shares.
• Analysts have mixed ratings on Zalando, with one strong buy, two buy ratings, one hold, and one sell; the average rating remains at "Moderate Buy."
• For the most recent quarter, Zalando reported earnings of $0.21 per share and revenue of $3.28 billion, surpassing analyst estimates significantly.

Zalando (OTCMKTS:ZLNDY - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $14.43, but opened at $15.04. Zalando shares last traded at $15.04, with a volume of 141 shares.

Analyst Ratings Changes

A number of brokerages have issued reports on ZLNDY. Cfra Research cut Zalando from a "moderate buy" rating to a "hold" rating in a report on Monday, August 11th. Citigroup reiterated a "buy" rating on shares of Zalando in a research note on Thursday, August 21st. Morgan Stanley reaffirmed an "underweight" rating on shares of Zalando in a research note on Monday, July 14th. Finally, Baader Bank upgraded shares of Zalando to a "buy" rating in a research report on Monday, August 18th. One research 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 assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

Zalando Price Performance

The company has a quick ratio of 0.98, a current ratio of 1.38 and a debt-to-equity ratio of 0.17. The business's 50-day simple moving average is $15.03 and its 200-day simple moving average is $16.70. The stock has a market cap of $7.98 billion, a PE ratio of 26.51 and a beta of 1.48.

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

About Zalando

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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