Zumiez (NASDAQ:ZUMZ) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Zumiez's stock recently surpassed its 200-day moving average of $13.65, reaching a high of $16.57 during trading, with its last trade at $16.49.
• The company reported a loss of $0.79 EPS for the last quarter, missing analysts' expectations, but saw a year-over-year revenue increase of 3.9% to $184.34 million.
• Zumiez's Board of Directors has initiated a $15 million share buyback plan, indicating that management may believe the stock is undervalued.

Zumiez Inc. (NASDAQ:ZUMZ - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $13.65 and traded as high as $16.57. Zumiez shares last traded at $16.49, with a volume of 267,641 shares changing hands.

Zumiez Trading Down 2.1%

The stock has a 50-day simple moving average of $14.56 and a 200-day simple moving average of $13.69. The company has a market capitalization of $305.47 million, a price-to-earnings ratio of 1,720.72 and a beta of 0.96.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its earnings results on Thursday, June 5th. The apparel and footwear maker reported ($0.79) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.77) by ($0.02). Zumiez had a net margin of 0.08% and a return on equity of 0.23%. The business had revenue of $184.34 million during the quarter, compared to analyst estimates of $182.23 million. During the same period in the previous year, the company earned ($0.86) earnings per share. The business's revenue for the quarter was up 3.9% on a year-over-year basis. Zumiez has set its Q2 2025 guidance at -0.240--0.090 EPS. On average, research analysts forecast that Zumiez Inc. will post -0.12 EPS for the current year.

Zumiez declared that its Board of Directors has initiated a share buyback plan on Thursday, June 5th that allows the company to repurchase $15.00 million in outstanding shares. This repurchase authorization allows the apparel and footwear maker to repurchase up to 6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Insider Activity

In other Zumiez news, Director Liliana Gil Valletta sold 6,600 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $12.82, for a total value of $84,612.00. Following the transaction, the director directly owned 10,809 shares of the company's stock, valued at $138,571.38. This represents a 37.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 20.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Zumiez

Institutional investors have recently made changes to their positions in the company. American Century Companies Inc. lifted its holdings in shares of Zumiez by 2.0% during the second quarter. American Century Companies Inc. now owns 40,044 shares of the apparel and footwear maker's stock valued at $531,000 after purchasing an additional 797 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Zumiez by 2.5% during the first quarter. Bank of New York Mellon Corp now owns 51,383 shares of the apparel and footwear maker's stock valued at $765,000 after purchasing an additional 1,257 shares during the last quarter. Mutual Advisors LLC lifted its holdings in shares of Zumiez by 4.3% during the second quarter. Mutual Advisors LLC now owns 33,410 shares of the apparel and footwear maker's stock valued at $443,000 after purchasing an additional 1,392 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Zumiez during the fourth quarter valued at $29,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Zumiez by 20.6% during the fourth quarter. Wells Fargo & Company MN now owns 9,093 shares of the apparel and footwear maker's stock valued at $174,000 after purchasing an additional 1,555 shares during the last quarter. 95.45% of the stock is currently owned by institutional investors.

Zumiez Company Profile

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.