Zumiez Inc., together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment. As of February 26, 2022, the company operated 738 stores, including 602 stores in the United States, 52 stores in Canada, 67 stores in Europe, and 17 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times. The company also operates zumiez.com, zumiez.ca, blue-tomato.com, and fasttimes.com.au e-commerce websites. Zumiez Inc. was founded in 1978 and is headquartered in Lynnwood, Washington.
Zumiez Price Performance
NASDAQ:ZUMZ traded up $2.22 during trading hours on Wednesday, reaching $30.75. 444,876 shares of the company's stock traded hands, compared to its average volume of 276,744. The firm has a market cap of $598.40 million, a PE ratio of 7.95 and a beta of 1.53. Zumiez has a 52-week low of $24.02 and a 52-week high of $55.10. The firm has a 50-day simple moving average of $27.25 and a 200 day simple moving average of $35.05.
Zumiez (NASDAQ:ZUMZ - Get Rating) last posted its quarterly earnings results on Thursday, June 2nd. The apparel and footwear maker reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.09). Zumiez had a return on equity of 19.19% and a net margin of 8.22%. The company had revenue of $220.69 million during the quarter, compared to analysts' expectations of $217.28 million. During the same quarter in the previous year, the company earned $1.03 EPS. The business's quarterly revenue was down 20.9% on a year-over-year basis. Sell-side analysts forecast that Zumiez will post 3.51 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on ZUMZ shares. TheStreet lowered shares of Zumiez from a "b-" rating to a "c" rating in a report on Friday, June 3rd. StockNews.com lowered Zumiez from a "buy" rating to a "hold" rating in a research note on Monday, June 6th. Finally, B. Riley reissued a "buy" rating on shares of Zumiez in a research report on Friday, June 3rd. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $48.00.