Robert W. Baird Reiterates Hold Rating for Zumiez (ZUMZ)

Zumiez (NASDAQ:ZUMZ)‘s stock had its “hold” rating restated by stock analysts at Robert W. Baird in a report issued on Thursday. They currently have a $28.00 price target on the apparel and footwear maker’s stock. Robert W. Baird’s target price indicates a potential upside of 15.46% from the company’s current price.

Other research analysts also recently issued research reports about the stock. B. Riley set a $26.00 price objective on shares of Zumiez and gave the company a “buy” rating in a report on Wednesday, February 7th. BidaskClub cut shares of Zumiez from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded shares of Zumiez from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Tuesday, March 20th. William Blair restated a “buy” rating on shares of Zumiez in a research report on Thursday, January 4th. Finally, Jefferies Group set a $22.00 target price on shares of Zumiez and gave the company a “hold” rating in a research report on Thursday, January 4th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Zumiez currently has an average rating of “Buy” and a consensus target price of $24.20.

ZUMZ opened at $24.25 on Thursday. Zumiez has a 52 week low of $11.43 and a 52 week high of $26.30. The stock has a market cap of $638.81, a price-to-earnings ratio of 22.05, a P/E/G ratio of 0.92 and a beta of 1.11.



Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings data on Thursday, March 15th. The apparel and footwear maker reported $0.82 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.08). Zumiez had a net margin of 2.89% and a return on equity of 8.38%. The company had revenue of $308.20 million for the quarter, compared to the consensus estimate of $301.75 million. During the same period last year, the company earned $0.74 EPS. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. equities research analysts forecast that Zumiez will post 1.53 earnings per share for the current fiscal year.

In other news, Chairman Thomas D. Campion sold 140,140 shares of the company’s stock in a transaction dated Friday, April 6th. The shares were sold at an average price of $25.05, for a total transaction of $3,510,507.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold a total of 258,797 shares of company stock worth $6,484,643 over the last 90 days. Corporate insiders own 27.50% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. HBK Investments L P purchased a new stake in Zumiez in the 4th quarter worth about $214,000. MetLife Investment Advisors LLC purchased a new stake in Zumiez in the 4th quarter worth about $218,000. Russell Investments Group Ltd. purchased a new stake in Zumiez in the 3rd quarter worth about $199,000. Paloma Partners Management Co purchased a new stake in Zumiez in the 4th quarter worth about $235,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in Zumiez in the 4th quarter worth about $240,000. 71.94% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Zumiez (NASDAQ:ZUMZ)

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