Zalando (OTCMKTS:ZLNDY) Stock Price Up 1.4% - What's Next?

Key Points

• Zalando's stock price increased by 1.4%, reaching $15.50, although trading volume was down 42% from the average.
• Analysts have mixed opinions on Zalando, with one upgrading to a "buy" rating, while others have downgraded or maintained ratings, resulting in an average rating of "Moderate Buy."
• The company reported $3.28 billion in quarterly revenue, exceeding analyst expectations of $2.52 billion, and matched earnings per share estimates at $0.21.

Zalando (OTCMKTS:ZLNDY - Get Free Report) shot up 1.4% during trading on Monday . The stock traded as high as $15.50 and last traded at $15.50. 10,845 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 18,600 shares. The stock had previously closed at $15.28.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Cfra Research cut shares of Zalando from a "moderate buy" rating to a "hold" rating in a report on Monday, August 11th. Citigroup restated a "buy" rating on shares of Zalando in a research report on Friday, September 26th. Morgan Stanley reaffirmed an "underweight" rating on shares of Zalando in a research report on Monday, July 14th. Finally, Baader Bank upgraded Zalando to a "buy" rating in a research note on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Zalando has an average rating of "Moderate Buy".

Zalando Price Performance

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.98 and a current ratio of 1.38. The firm has a market capitalization of $8.18 billion, a P/E ratio of 27.19 and a beta of 1.56. The business has a fifty day moving average of $14.88 and a 200-day moving average of $16.22.

Zalando (OTCMKTS:ZLNDY - Get Free Report) last announced 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. Zalando had a return on equity of 10.19% and a net margin of 2.49%.The company had revenue of $3.28 billion during the quarter, compared to analyst estimates of $2.52 billion. On average, sell-side analysts forecast 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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