Currently, Zumiez Inc [ZUMZ] is trading at $14.52, down -1.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ZUMZ shares have gain 1.33% over the last week, with a monthly amount drifted -8.10%, and not seem to be holding up well over a long-time horizon.
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On 14, March 2024, Zumiez Inc. Announces Fiscal 2023 Fourth Quarter Results. In a post published today on Yahoo Finance, Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the fourth quarter and fiscal year ended February 3, 2024.
From an analyst’s perspective:
Zumiez Inc [NASDAQ: ZUMZ] stock has seen the most recent analyst activity on September 09, 2022, when William Blair downgraded its rating to a Mkt Perform. Previously, B. Riley Securities downgraded its rating to Neutral on September 09, 2022, and dropped its price target to $25. On January 18, 2022, Seaport Research Partners initiated with a Neutral rating. Jefferies downgraded its rating to a Hold and reduced its price target to $42 on September 21, 2021. Pivotal Research Group reiterated a Hold rating for this stock on March 09, 2021, and upped its price target to $49. In a note dated January 14, 2021, Pivotal Research Group reiterated an Hold rating on this stock and boosted its target price from $42 to $45.
This stock has fluctuated between a low of $12.90 and a high of $21.49 over the last 52 weeks. Zumiez Inc [NASDAQ: ZUMZ] shares were valued at $14.52 at the most recent close of the market.
Analyzing the ZUMZ fundamentals
Trailing Twelve Months sales for Zumiez Inc [NASDAQ:ZUMZ] were 875.49M which represents 0.61% growth. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.17 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.13 points at the first support level, and at 13.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.78, and for the 2nd resistance point, it is at 15.04.
Zumiez Inc [ZUMZ] reported earnings per share of -$1.73 for its fiscal quarter that ended on 1/30/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.26/share, meaning a difference of -$1.99 and a surprise factor of -765.40%. By comparison, the stated earnings for the previous quarter ended on 10/30/2023 were -$0.12 per share as compared to estimates of -$0.18 per share, a difference of $0.06 representing a surprise of 33.30%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Zumiez Inc [NASDAQ:ZUMZ] is 2.27. As well, the Quick Ratio is 1.37, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.82.
Transactions by insiders
Recent insider trading involved ELLIS ADAM CHRISTOPHER, President International, that happened on Apr 04 ’24 when 10000.0 shares were purchased. Director, Murphy James P. completed a deal on Jun 09 ’23 to buy 5000.0 shares. Meanwhile, CEO Brooks Richard Miles bought 74930.0 shares on Jun 05 ’23.
