Media headlines about Zumiez (NASDAQ:ZUMZ) have trended somewhat positive on Friday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Zumiez earned a news impact score of 0.16 on Accern’s scale. Accern also gave media stories about the apparel and footwear maker an impact score of 47.7065942336566 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Zumiez (ZUMZ) Upgraded by TheStreet to B- (americanbankingnews.com)
- Are Apparel Makers' Tariff Concerns Warranted? 5 Great Picks (finance.yahoo.com)
- Zumiez (ZUMZ) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- Zumiez (ZUMZ) in Focus: Stock Moves 5.9% Higher (finance.yahoo.com)
- FY2019 EPS Estimates for Zumiez Inc. Boosted by Analyst (ZUMZ) (americanbankingnews.com)
Several equities research analysts have recently weighed in on the company. TheStreet raised Zumiez from a “c+” rating to a “b-” rating in a research report on Tuesday. BidaskClub raised Zumiez from a “hold” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research raised Zumiez from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Tuesday. Jefferies Group restated a “hold” rating and issued a $21.00 target price on shares of Zumiez in a research note on Sunday, December 3rd. Finally, B. Riley set a $25.50 target price on Zumiez and gave the company a “buy” rating in a research note on Thursday, January 4th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $22.00.
Shares of Zumiez (NASDAQ:ZUMZ) traded up $0.70 during midday trading on Friday, hitting $24.05. The company had a trading volume of 60,007 shares, compared to its average volume of 432,685. The firm has a market capitalization of $604.73, a price-to-earnings ratio of 22.24, a price-to-earnings-growth ratio of 0.87 and a beta of 1.28. Zumiez has a twelve month low of $11.43 and a twelve month high of $24.60.
Zumiez (NASDAQ:ZUMZ) last issued its earnings results on Thursday, March 15th. The apparel and footwear maker reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.08). The firm had revenue of $308.20 million during the quarter, compared to analyst estimates of $301.75 million. Zumiez had a net margin of 2.89% and a return on equity of 8.38%. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 earnings per share. sell-side analysts forecast that Zumiez will post 1.53 EPS for the current fiscal year.
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Zumiez Company Profile
Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.
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