Zumiez (ZUMZ) Earns Daily Media Impact Rating of 0.20

Media headlines about Zumiez (NASDAQ:ZUMZ) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zumiez earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the apparel and footwear maker an impact score of 48.3296540929591 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

A number of research firms recently commented on ZUMZ. ValuEngine upgraded shares of Zumiez from a “hold” rating to a “buy” rating in a research report on Friday, August 10th. BidaskClub cut shares of Zumiez from a “buy” rating to a “hold” rating in a research report on Sunday, July 15th. B. Riley set a $32.00 price objective on shares of Zumiez and gave the company a “buy” rating in a research report on Thursday, August 9th. Wedbush began coverage on shares of Zumiez in a research report on Thursday, May 10th. They issued a “neutral” rating and a $24.00 price objective for the company. They noted that the move was a valuation call. Finally, TheStreet cut shares of Zumiez from a “b-” rating to a “c+” rating in a research report on Monday, July 16th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $25.86.

ZUMZ stock traded down $0.90 during trading hours on Wednesday, reaching $28.40. 19,443 shares of the stock were exchanged, compared to its average volume of 459,565. The stock has a market cap of $714.43 million, a PE ratio of 25.73 and a beta of 1.01. Zumiez has a 12 month low of $11.43 and a 12 month high of $31.55.

Zumiez (NASDAQ:ZUMZ) last released its earnings results on Thursday, June 7th. The apparel and footwear maker reported ($0.10) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.02. The firm had revenue of $206.29 million during the quarter, compared to analysts’ expectations of $199.34 million. Zumiez had a return on equity of 8.64% and a net margin of 3.01%. The company’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.18) EPS. equities analysts expect that Zumiez will post 1.68 earnings per share for the current year.

In other Zumiez news, CEO Richard Miles Brooks sold 500,000 shares of the stock in a transaction dated Friday, June 8th. The stock was sold at an average price of $27.70, for a total transaction of $13,850,000.00. Following the completion of the transaction, the chief executive officer now owns 3,709,067 shares in the company, valued at approximately $102,741,155.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 27.70% of the stock is currently owned by corporate insiders.

Zumiez Company Profile

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 3, 2018, the company operated 698 stores, including 607 stores in the United States, 50 stores in Canada, 34 stores in Europe, and 7 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times.

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